MOSCOW (MRC) -- Axens announced the signature of a Share Sale and Purchase Agreement for the acquisition of Flowvision (Denmark, Odense), an engineering company specialized in emission abatement systems for the reduction of nitrogen oxides in flue gas from industry, said the company.
Flowvision provides design and equipment for the entire scope of Selective Catalytic Reduction (SCR) and Selective Non-Catalytic Reduction (SNCR) systems, which have been installed throughout the world in a variety of sectors.
Flowvision has a wide range of references within Heat Recovery Steam Generator (HRSG), Biomass boilers, Waste to Energy, Circulating Fluidized Bed Boilers, Gas turbines offshore, Refining, Heaters and steam reformers within Petrochemical plants.
"The acquisition of Flowvision’s DeNOx business will strengthen our offer in the area of Air Pollution Control and will help us better serve our customers providing them with sustainable solutions, integrated with our processes and equipment, to support their environmental and energy transition challenges. Axens is very pleased to welcome on board the Flowvision’s team," said Jean Sentenac, Chairman and CEO of Axens Group.
As MRC informed previously, earlier this month, Axens and Sulzer Chemtech (GTC Technology) formed an alliance to license an advanced process for fluid catalytic cracking (FCC) naphtha processing.
Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 744,130 tonnes in the first four month of 2021, up by 4% year on year. Shipments of all PE grades increased. At the same time, PP deliveries to the Russian market were 523,900 tonnes in January-April 2021, up by 55% year on year. Supply of homopolymer PP and PP block copolymers increased, whereas shipments of PP random copolymers decreased.
MRC