Frankfurt, Germany: Kirloskar Brothers Ltd (KBL) announced the
launch of technologically advanced ROMAK Pump at ACHEMA, worlds most-followed event for the chemical process industry held in Frankfur t, Germany. The ROMAK (RMK) pumps are process pumps used for handling various types of clear / clean chemical liquids without any suspended particles by various process industries.
Melbourne, Australia: In response to challenging market conditions,
Orica is adjusting its operating model at the Yarwun site in Gladstone. Dave Buick, General Manager Yarwun, said, While we remain confident in the long term outlook for ammonium nitrate, there is a near term oversupply in the market. As a result, we have made a preliminary decision to adjust the capacity requirements at Yarwun.
RMK pump is magnetic drive pump comprising per manent
magnets. With a size ranging between 32mm to 100mm, the pump has a discharge capacity of up to 300 m3/hr. The pump can handle temperatures from -50 0C up to +180 0C. The design aids interchangeability of components among different pump sizes. The sealless pump has liquid protected magnets for longer performance. The design will have a total of 22 models. KBL also launched the technologically advanced GK-P Pump at ACHEMA. GK-P is a process pump used for handling various types of chemical liquids from various process industries. It is an End Suction centrifugal process pump having discharge capacity upto 500 m3/hr at 1450 rpm. With a size ranging between 25mm to 150mm, the pump can handle temperatures in the range of -50 0 C upto +350 0 C. The wide range of smooth hydraulics will meet the customers requirements and promote better efficiency of the product. The back pullout design will help in easy and quicker maintenance.
Solvay Opens Asias Largest Alkoxylation Plant
Singapore: Solvay inaugurated its new large-scale alkoxylation plant in Singapore, the largest plant of its kind in Asia, as part of its global strategy to expand the growth of its specialty surfactants in the region. The nearly USD 50 million on-pipe investment will help meet that demand, complementing existing India and China facilities and joining Solvay Novecares seven other alkoxylation plants in Europe and North America. Located in the world-class integrated petrochemical hub of Jurong Island, the plant receives a key raw material, ethylene oxide via a dedicated pipeline, and fatty oleochemicals from nearby countries, providing a safe and sustainable source of supply for the near and long term. The unit produces specialty alkoxylate formulations for the agrochemicals, coatings, home and personal care, industrial and oil & gas markets in Asia, especially for those in key South East Asia countries such as Indonesia, Thailand and Malaysia. The plant bolsters Solvays competitive position in the region, ensuring the development of alkoxylate solutions for customers who will be supported by strong technical teams from the R&I centre located near the plant. 10 July 2015
This decision follows extensive analysis of the market and was
previously flagged in our interim financial results market briefing in May 2015. Today, we have begun consulting with our employees to understand and address any impacts on the workforce. We expect there will be some impact on staffing levels from this decision. However, the fact remains that Orica is operating in a highly competitive market in which supply of ammonium nitrate is higher than demand levels, and we need to pursue strategies that secure the long-term viability of the business.
Ferro Completes Acquisition of Nubiola
Cleveland, USA: Ferro Corporation has completed the acquisition of Nubiola Pigmentos on a cash-free and debt-free basis for Euro 149 million (approximately USD 165 million), subject to customary working capital and other purchase price adjustments. The acquisition was previously announced on April 29, 2015. Nubiola is a worldwide producer of specialty inorganic pigments and the worlds largest producer of Ultramarine Blue, a pigment for the plastics and construction industries, highly valued for its durability, unique colour attributes and whitening capability. Nubiola has production facilities in Spain, Colombia, Romania, and India and a joint venture in China. We are excited about the Nubiola acquisition and the opportunities it provides to drive shareholder value, enhance our current position in inorganic pigments, and accelerate our strategy to become a leading global functional coatings and colour solutions company, said Peter Thomas, Chairman, President and CEO, Ferro.
AkzoNobel to Sell Zeta Fraction Biofunctional
Technology to Ashland Amsterdam, Netherlands: AkzoNobel announced the sale of its biomaterials technology to Ashland Inc. The transaction is expected to be completed in the third quarter of 2015. The business is in its early phase of commercialisation and the divestment of this biomaterials technology follows a strategic review of the business fit within AkzoNobels portfolio. This transaction will enable us to focus on our core technology platforms - specialty surfactants and polymers - and help reinforce our leadership position in both areas. The biomaterials activities are focused on plant-based chemistry, which is used to develop products for various applications, such as high performance beauty technologies. Chemical Engineering World