Boiler fuel: a new use for wastes from rocket motors and explosives
Article Abstract:
Thiokol Propulsion Corp. of Brigham City, UT, and Sandia National Laboratories have been collaborating in the development of a new technology which will use rocket-motor residues as boiler-plant fuels. Both companies have been conducting tests at Sandia's Combustion Research Facility in Livermore, CA, and results show that 5%-15%-toulene-dissolved TNT, water-emulsified nitroglycerine and nitrocellulose, burn similar to fuel oil. Rocket-motor waste is approximately composed of 5% ammonium perchlorate, 1% asbestos, 55% aluminum flakes, and 40% polybutadiene. These, treated with ammonia, will combust quickly and prohibit agglomeration.
Comment:
Firm & Thiokol Propulsion Corp develop new technology which will use rocket-motor residues as boiler-plant fuels
Publication Name: Chemical Engineering
Subject: Engineering and manufacturing industries
ISSN: 0009-2460
Year: 1998
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Styrenics change hands
Article Abstract:
Nova Corp. of Calgary, Alberta, has decided to acquire the US and European styrenics operations of Salt Lake City, UT-based Huntsman Corp. in a deal worth approximately $744 million. As part of the purchase that will be completed by the end of 1998, Nova will get Huntsman 1.25-billion-lb styrene facility in Bayport, TX, along with seven polystyrene facilities in the US and Europe totaling 2.0 billion lb. The combine production capacities of Nova and Huntsman total 2,650 billion lb/yr styrene and 3,310 billion lb/yr polystyrene, which represent 13% of the global styrenic market.
Comment:
Decides to acquire the US & European styrenics operations of Huntsman Corp in a deal worth approximately $744 mil
Publication Name: Chemical Engineering
Subject: Engineering and manufacturing industries
ISSN: 0009-2460
Year: 1998
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Divesting Conoco and other crown jewels
Article Abstract:
DuPont Co. of Wilmington, DE, plans to take public its energy subsidiary, Conoco. The initial public offering of up to 20% of Conoco's common stock is part of DuPont's plan to completely divest itself of the company. The rest of Conoco will be sold through further stock offerings or a spinoff to shareholders. DuPont President Charles Holliday will use the proceeds to make more investments in the life sciences. According to Standard & Poor's, Conoco accounted for 24% of DuPont's 1997 aftertax earnings.
Comment:
Plans to take public its energy subsidiary, Conoco
Publication Name: Chemical Engineering
Subject: Engineering and manufacturing industries
ISSN: 0009-2460
Year: 1998
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