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Chexpress - September 24, 2012




North America


Acquisition


The Drives & Motion Division of Yaskawa America Inc. has acquired the business and operations of Wermac Electric Ltd. in Calgary, Alberta, Canada. The acquisition continues Yaskawa’s growth in key vertical markets. The new division will be known as Yaskawa Wermac and will be located at the former Wermac Electric facility in Calgary. Yaskawa Wermac is now a division of Yaskawa Motoman Canada, which is a subsidiary of Yaskawa America, Inc.

New Plant


Airgas, Inc. will build a new air separation unit (ASU) in the Chicago, Illinois area. The unit will produce more than 400 tons of oxygen, nitrogen and argon daily starting in the fall of 2014.

Air Force Biofuels


A division of Honeywell International Inc. is being tapped by the U.S. Air Force to expand the domestic supply of biofuels. The Defense Department said that Des Plains, Illinois-based UOP LLC was awarded a $17.3 million contract to help create an economically viable refinery for what’s known as advanced drop-in biofuels. The deal is structured as a Technology Investment Agreement.

Acquisition


Syngenta has agreed to acquire Pasteuria Bioscience, Inc. Under the terms of the agreement, Syngenta will acquire Pasteuria Bioscience for aggregate payments of $86 million, with additional deferred payments of up to $27 million. The acquisition will facilitate the introduction of key products to complement Syngenta’s existing chemical nematicide range and to support integrated solutions across a broad variety of crops such as soybean, corn, cereals, sugarbeet and vegetables. The transaction is expected to close in the fourth quarter of 2012.

 

World

Contract Won


General Electric Co.’s oil and gas division as signed a nearly $1.1 billion deal with Brazil’s state-run oil company Petrobras to provide offshore drilling equipment. The agreement includes delivery of about 380 sub-sea wellhead systems and installation tools needed in oil well exploration. More than 74 percent of the parts will be made in Brazil. Petrobras plans to install the sub-sea wellhead systems in oil and gas fields in Brazil. The equipment will be produced at GE’s Jandira plant in Sao Paulo.

Honeybee Homicide Case


British scientists have shot down a study on declining honeybee populations that triggered a French ban on a pesticide made by Syngenta. France’s farm minister withdrew Syngenta’s marketing permit for the pesticide Cruiser OSR in June, citing evidence of a threat the country’s bees. A study by Britain’s Food and Environment Research Agency with the University of Exeter says the results of the original research were flawed. The study does not deny that the pesticides could be harmful to individual bees, but argues that there is no evidence they cause the collapse of whole colonies.

Hydrogen Plant


Construction of E. ON’s new pilot plant to enable power generated by the wind to be stored in the gas grid as hydrogen is now underway. The plant is being built in Falkenhagen, Germany. From 2013 onward, the plan is that the plant will take excess power generated by wind farms that cannot be fed into the grid and use it to produce hydrogen by electrolysis. About 360m3/h of hydrogen can be produced per hour. The hydrogen can then be treated like natural gas and fed into the regional gas grid.

SNG Pipeline


China National Petroleum Corp. has completed construction of a 30 billion cubic meter/year pipeline that will transmit output from coal-to-gas (CTG) projects in the Xinjiang Uyghur Autonomous Region. The pipeline will pump synthetic natural gas (SNG) from the Ili Kazakh Autonomous Prefecture to Khorgas city on China’s border with Kazakhstan.






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