Skip to main content

Tag: Yara

Nitrogen Industry News Roundup

Maire SpA subsidiary Tecnimont, together with Orascom Construction SAE, have been awarded a lump sum turn-key engineering procurement and construction contract for new nitric acid and ammonium nitrate plants by the Egyptian Chemical Industries Company (‘Kima’). The contract value is approximately $300 million, of which about $220 million relates to Tecnimont activities. Finalisation of the contract is subject to successful execution of the financing package. The scope of work includes mainly engineering, supply of all materials and equipment – to be performed by Tecnimont – as well as construction activities, to be carried out by Orascom Construction.

Sulphur at 70

This June marks a milestone for this magazine; a platinum jubilee since the very first issue of the magazine was printed in 1953. It began life as the Quarterly Bulletin of the Sulphur Exploration Syndicate. The Syndicate was created in 1952, and was backed by nine major chemical producers, mainly in Britain and the US, who were concerned about dwindling world supplies of sulphur. Though some of these companies have vanished by the wayside over the years, including F.W. Berk and Co. Ltd, British Titan Products, Brotherton & Co., and Charles Tenant & Sons Ltd, others remain household names to this day, including Monsanto, Courtaulds (now part of Akzo-Nobel), and Dunlop (now owned by Goodyear), while Fisons’ fertilizer division was sold to Norsk Hydro in 1982 and today trades as part of Yara.

People

Metso Outotec’s annual general meeting (AGM) in early May approved the board of directors’ proposal to change the company name to Metso Corporation. “After the successful integration of Metso and Outotec, we will focus on growing a strong unified Metso company and brand,” says President and CEO of Metso, Pekka Vauramo. “We have combined two valuable companies into one strong Metso. Our focus is clear: we continue enabling sustainable modern life and transforming the industry with a clear strategy and strong culture, supported by a name that is short yet established and well recognized among all our stakeholders. Services are an extremely important part of our business, requiring a strong name.”