Europe
HP Construction: Europe
Alfa Laval has received an order for compact heat exchangers from a refinery in Russia. The order value is about SEK 70 million and delivery is scheduled for 2012. The heat exchangers will be used in ..
Clean fuels firm Neste Oil divests Estonia gas unit
European renewable diesel supplier Neste Oil has sold its majority-owned (93.85%) Estonian subsidiary, AS Reola Gaas, to the Estonian-based Alexela Group. The transaction was completed on Monday. The parties said they agreed not to disclose the value of the sale.
Sulzer closes deal for Sweden pump supplier Cardo Flow Solutions
Equipment manufacturing firm Sulzer on Friday completed its previously-announced acquisition of Sweden-based pump supplier Cardo Flow Solutions. For a total cash consideration of SEK 5.9 billion (CHF 852 million), Sulzer acquired one of the leading suppliers of pumps and related equipment in the attractive wastewater market, it said.
FMC to acquire Europe persulfates business of RheinPerChemie
US-based chemicals firm FMC Corp. has agreed to acquire the European persulfates business of RheinPerChemie GmbH from Unionchimica SpA. The acquisition will strengthen FMC Peroxygens' global reach by establishing a market position for persulfates in Europe, company officials said.
Braskem to buy global polypropylene business of Dow Chemical for $340mn
US-based Dow Chemical has agreed to sell its polypropylene (PP) business for $340 million to Braskem, a move which makes Braskem the top polypropylene producer in North America. The assets involved in the deal include two manufacturing plants in the US and two in Germany, with a total annual polypropylene production capacity of 2.3 billion pounds.
Süd-Chemie starts work to build cellulosic ethanol plant in Germany
Specialty chemicals firm Süd-Chemie has begun construction at Straubing in southern Germany of a €28mn plant to produce cellulosic ethanol from agricultural waste materials.
Cabot plans 25% expansion for Europe fumed silica
Cabot will expand production capacity by 25% at its fumed silica facility in Barry, Wales, company officials said on Monday. The expansion is expected to be completed in 2012 and is part of a three-year plan to increase Cabot’s global fumed metal oxide capacity by 35% to 40%.
Norway bomb blast targeted oil ministry - reports
The bombing that rocked Oslo, Norway, on Friday appeared to target the nation’s Ministry of Petroleum and Energy, according to local media reports. The explosion blew out the windows of a large government office building and damaged several others, including one that holds the prime minister’s office, according to the Washington Post.
US shale wave weakens petroleum market share for Russia, Iran, Venezuela - study
Rising US natural gas production from shale formations has already played a critical role in weakening Russia’s ability to wield an "energy weapon" over its European customers, and this trend will accelerate in the coming decades, according to a new study from Rice University’s Baker Institute.
Solutia to supply heat transfer fluid for Spain solar projects
US-based specialty chemicals firm Solutia has been awarded contracts to supply its Therminol VP-1 synthetic heat transfer fluid for two new solar power plants in Spain, it said on Thursday.
- BASF supports European 1,4‑butanediol supply security through increased production in Ludwigshafen 2/16
- Vitol backs proposed $3-billion LNG power plant for South Africa's Durban port 2/16
- HAMR Energy receives additional funding for low-carbon liquid fuels projects 2/16
- NASCAR names POET official bioethanol partner: Becomes first major motorsports series to utilize zero-carbon bioethanol 2/16
- ExxonMobil starts third advanced plastics recycling unit at Baytown complex 2/16
- Geoinform, subsidiary of the MOL Group, signs strategic cooperation agreement with Baker Hughes 2/16
