marshall&swift mar2011

Ecnoi Indiatos

BUSINESS NEWSPLANT WATCH

enzvm ft bu"d add-ilonal blologlostarullachuln plant Inlelgum

January22 2011 - Genzyme Corp. (Cam-bridge, Mass.; www.genzyme.com) plansto build an additional manufacturing plantin Geel, Belgium, to support the longtermgrowth of Alglucosidase alfa, known asLumizyme In the U.S. and as Myozyme in therest of the world, for Pompe disease,The newf250-million plant will include 8,000 L of pro-duction capacity,a complete purificationInstallation, and ample room for additionalfuture capacity exponsions.Commercialapprovals for the new site are expected tostart In late 2014.

samtwungbiginoet,"WiinsEpo contractfow 11w111sul plant InaexasJoruory 11,2011 - Samsung Engineering(Seoul, Korea; www.samsungengineering.co.kr) has signed a $41 1-million contractfor a chloralkali plant with Dow-Mitsui Chlor-Alkali LLC, a joint venture (JV) comprised ofThe Dow Chemical Co. and Mitsui & Co., Ltd.(Tokyo, Japan; www.mitsul.co.jp/en).Thechlor-alkali plant will be located In Freeport,Tex. and will produce 816,000 ton/yr of chlo-rine.The contract Is for engineering, procure-ment and construction services (EPC) andIs scheduled for mechanical completion byJanuary 2013.

Undo and Air Products form a JVto supply hydrogen chlorideJanuary 13,2011 -- Unde Gas North Amer-ica (Murray Hill, N.J.; www.indeus.com)and Air Products (Lehigh Valley, Pa.; www.airproducts.com) have formed Hydrochlor,a 50-50 JV to supply high-purity anhydroushydrochloric acid to the electronics andother industries.As part of the agreement,Hydrochlor will build a facility to process andpackage HCI supplied via pipeline from TheDow Chemical Co. (Midland, Mich,; www.dow.com).The new facility will be locatedon Dow's Freeport,Tex., site and is scheduledto be commissioned in the 2nd Q of 2012.

lvornli and ACIL Ign an MoU or muti-millIon Euro HPPO projeot In hdNaJanuary 12,2011 - Evonlk Industries AG (Es-sen, Germany; www.evonlk.com) and theIndian chemical company Gujarat Alkaliesand Chemicals Ltd. (GACL) have signed amemorandum of understanding (MoU) ona proposed, multi-million-euro project forDaheJ, Indla.The plans Include a new hydro-

gen peroxide production plant by Evodkand a propylene oxide facility by GACLTheaim is to produce propylene oxide using theenvironmentally friendly HPPO (hydrogenperoxide to propylene oxide) process de-veloped jointly by Evonik and Uhde GmbH(Dortmund, Germany; www.uhde.eu).Theproject Is contingent upon the approval ofthe executive board and supervisory boardof Evonlk Industries AG.

Sememns to supply I&C sysem andturbines for olorwihenall powerJanuary 11, 2011 - Siemens Energy (Or-lando, Flo.; www.siemens.com/energy) willsupply an instrumentation & controls (Q&C)system and two steam-turbine generatorsfor the Ivanpah solar-thermal power plantlocated in California's Mojave desert.Thepurchaser is BrightSource Energy Inc. (Oak-land, Calff.).The three units for the tvanpahproject will have a combined installedcapacity of approximately 400 megawatts(MW).The start of commercial operation ofthe Ivanpah Units 2 and 3 Is scheduled for2013.The plant's capacity will be sufficientto supply approximately 140.000 house-holds with clean power and is expected toreduce annual CO 2 emissions by more than400,000 tons.

MIEEH Ann AroUlln6UIOU

Clariant plans 424MIllon acquIsitionof $10dOhonvAoFebruary 16,2011 - Clarlant AG (MuttenzSwitzerland; wwW.clarlant.com) Is planningto acquire the controlling majority in SOd-Chemle AG. As part of the planned trons-action, Clarlant has come to agreementswith the majority shareholder One EquityPartners (50.4%) and the family shareholders(approximately 46%). Clarlont will acquireslightly above 95% of the outstanding shares.The total value of the transaction is f2,0billion (CHF 2.5 billion). After all necessaryregulatory approvals, including anti-trust, areobtained. Clarlant expects the transactionwill be completed in the first half of 2011.

Of complete. $34hill1ion aoqubMf onof Dfetmw Inc.February 12011 -GE (Atlanta, Ga.; www.ge,com) has successfully closed Its $3-bil-lion acquisition of Dresser, Inc., an energyInfrastructure technology and service pro-vider, based In Addison,Tex.The Dresser busl-nesses will be integrated into GE's EnergyServices and Power & Water business units.

1oer1nhgerto seN Resomerbusiness to 1honikJanuary 14, 2011 - Evonlk Industries AG(Essen; www.evonik.com) and BoehrlngerIngelheim Pharma GmbH & Co. KG (In-gelheim, both Germany; www.boehdnger-ingetheim.com) have an agreement on thesale of the Resomer business (blodegrad-able polymers based on lactic and glycolicacids) to Evonlk,The completion of the trans-action Is subject to various conditions andclosing is expected early March 2011. Bothcompanies agreed notto discbse informo-tion on the sale price.

SHC-4aialln acquiresoefghweeuingfirm In ColumnbiJanuary,12,2011 -SNC-Lavaln inc. (Montreal;Canada;owww,sncoiIn.oom) has acquiedkansuca Proyectosde kgeneria SA.aneng1-neeong firm based In Bogota.CAomblo.

Lantmen x•mks it firstaoquiuillonlIn AigentilnaJanuary 12, 2011 - Lanxess AG's (Leverkus-en, Germany; www.anress.com) whollyowned subsidlary Rhein Chemie (Man-nhelm, Germany), has acquired Argentina-based Darmex S.A. (Buenos Aires) - a load-Ing manufacturer of release agents andcuring bladders for the tire Industry. Bothparties have agreed not to disclose the pur-chase prfce.The transaction will close withimmediate effect and does not require priorapproval by any authority

Standoorbon acquires lklan engIneerlIng

January 6,2011 - Stamcarbon B.V. (Sittord,the Netherlands; www.stamicarbon.com),the licensing and IPCenter of MaimTecni-mont S.p.A. (www.moiretecnlmont.It) hasacquired Noy Engineering fromTe1nlrnont.

BSFI complIelecoquilsiftonelf 00CrItiston's styrene catalysds busintessJanuary4,2011 -- BAWSE (Ludw0shofGermany; www.bosf.com) has successfullyoompieted its acquisition of CRI/rCrterlon'sglobal. styene catalysts business.As partof this agreement, BASF has acquired CRIICriterion's customer list, contracts andexclusive and nan-exclusive licenses forIntellectual proper•y Including applicablepatents and know-how In the field of stymnecatalysts, as well as CRl/Crlterlon's styrenecatalysts Inventory.There were no plant as-sets associated with the deal. a

DOothy^Lowwk

IU1N1-'=VO1:0L119M3.SCherrcA,o &ngknv&*n copyrIght @ 2011 (WSN 0009-2460) Is pt&Ashled monft*,y with on additional Msue In Octoker. by Acorns hiellsgenoe, LLC. A Choke Cherry Road,2nd loor. Rockv,0e, MD. 20850. Chemical EngIneerng eSoutie. Editorial. Advertising and PublicatIon Ofees: 110 WV0arn Steet. 11th Floor. Now York NY 10038W Phone:212-621-4674. Fax: 212.621-4694. subscription rates: $120,97 U.S. and U.S. posseWons. $146.97 Canada, and $249 Inhlatlan•l. $20.00 Bock Issue & SWVW oopy sosPerkIodIls postage paid at Rockville MD and adoItional mading afficee. Poetmoster: Send address changes to Chermica Engineeft,g Fuftnerf MNfgerxw PO. Smr 3688.Northbrook IL 60066-3588. Phone: 847-664-9290. Fax: 847464-9453, eraIl: cilenheMoesfthe.com. Change of address, two to eight wee notice requested. For nlrrnalon"regarng article reprints, please contact Woghfs Medic. 1-877-662-5295, .comtne. Contents may not be reproduced inany*fom wfthout wi perfrissIon.PubltolNs MMO Produot late iAgrement Ne. PM4,03731. Retunmd vae Ctadin Addmwm#w to: RO.SM* 151, W lw*m KW O 7 N9A70%

CHEMICL ENGINEERING WWW, CHE.COM MAC 2011 WFO NA ECONOMIC INDICATORS, SEE NEXT PAGE

I Ec i .. . .s I

CURRENT BUSINESS INDICATORS LAT

CA output ndwe (2007 =1 00) Jan.'11CPI value of output, $ billions Dec. '10CPMoperatlng rale,% Jan.'111Producer prices, industril C imcals (1982 = 100) Jan.'11Industrial Production In M ufacturing (2007=100) Jan.'11Hourlyeamlngslndex.chemic&alledproducts(1992=100) - JanA'l1Proc wio<liexschon-cais&aiied poducft(1992= 100) - Jan.'11

CPIOUTPUT INDEX~u~ (071-IV

11I.. I-I.II

I'

CPI OUTPUT VALUE (s$ hu s)

2200

19000

L;II L I

CPI OPERATING RATE (%)

80

75

70 ,I I I 11-1I

MARSHALL & SWIFT EQUIPMENT COST INDEX

rUT91.4

1,956.674.0

291.492.6

156.1124.9

Dec.'10Nov.'10Dec.'10

Dec.'10Dec.'10Dec.'10Dec.'10

PREVIOUS91.5 Nov.'1 0

1,893.4 Oct.'l 074.1 Nov.10

282.8 Nov.'1092.3 Nov.10

154.6 Nov.'10125.4 Nov.'10

90.21,836.7

72.9276.0

91.6154.9123.3

YE4R AGO

Jan.'10 =D9e'09 = 1Jan.'10 =Jan.'10 =Jan.'10 =Jan.'10 =Jan,110 =

I

87.7,765.7

70.3261.787.8

150.4117.8

I I

CURRENT TRENDSC apital equipment prices (as

reflected in the CE Plant CostIndex) increased from Novemberto December. Meanwhile, GlobalInsight's CPI operating rate andoutput index were relatively flat.

According to the AmericanChemistry Council's (Arlington,Va.; www.americanchemistry,corn) most-recent weekly economicreport at CE press time, inflationin the U.S. at the consumer level"remains tame," but inflation pres-sures are building in China, Eu-rope and many emerging markets.Also, industrial production gainsin overseas markets seem to bemoderating, the report adds.

Visit www.che.com/pci for his-torical data and more on capitalcost trends and methodology. N

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Lozowski, Dorothy

Economic indicators

Chem Eng (U S) 118 no3 Mr 2011 p. 63-4

0009-2460

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