Huntsman to Buy Sasol’s 50% Interest out of Maleic Anhydride JV in Germany

Huntsman Corporation announced that it has signed a definitive agreement with Sasol to acquire the 50% interest that Huntsman does not own in the Sasol-Huntsman maleic anhydride joint venture.  The joint venture owns a manufacturing facility in Moers, Germany with capacity to produce 100,000 metric tonnes of maleic anhydride.  Huntsman will pay Sasol $92.5 million, … Read more

Clariant, Sabic Talks on Specialties JV Collapse, Clariant to Divest Masterbatches

Clariant and SABIC have agreed to temporarily suspend the discussions on the intended business combination High Performance Materials (HPM), consisting of Clariant’s Additives and high value Masterbatches and parts of SABIC’s Specialties business. The JV talks with Saudi Basic Industries (SABIC) had been shelved due to differences over price, which comes as a further setback … Read more

Givaudan to Acquire German Fragrance Maker Drom

Givaudan, the global leader in flavours and fragrances, announced that it is to acquire Drom to further extend its leadership in the global Fragrance market. While terms of the deal have not been disclosed, Drom’s business would have represented approximately EUR 110 million ($122.5 million) of incremental sales to Givaudan’s results in 2018 on a … Read more

Sekisui Chemical Begins Polyolefin Foam Production Line in Wuxi City, China

Sekisui Chemical announced that Sekisui Youngbo, a consolidated subsidiary of the High Performance Plastics Company, commenced mass production and sales in May 2019. Sekisui Youngbo is a company that primarily manufactures polypropylene foams (“PP foams”) for automotive interiors; its establishment was approved by the Chinese government in April 2017. Used as an underlayment material for … Read more

AkzoNobel to Acquire Mapaero, Strengthening its Global Aerospace Coatings Business

AkzoNobel has announced its intention to acquire French aerospace coatings manufacturer Mapaero. The intended acquisition will strengthen AkzoNobel’s global position in aerospace coatings, notably in the structural and cabin coating sub-segments, and contribute directly towards delivering the company’s 2020 guidance. Established in 1992 and specializing in sustainable water-based and advanced eco-friendly products, Mapaero operates a … Read more

Toray to Build New Battery Separator Film Production Facility in Hungary

Toray Industries, Inc., one of the largest battery separator films manufacturer from Japan announced on 16 July the construction of a new production facility for battery separator films (BSF) for lithium-ion batteries in Nyergesújfalu, Hungary. The new manufacturing site will be affiliated with the Toray Industries Hungary area, which was established in April 2018. The … Read more

Nippon Shokubai Breaks Ground for New Acrylic Acid Plant

Japan’s Nippon Shokubai has announced that its subsidiary PT.NIPPON SHOKUBAI INDONESIA (NSI) recently held a groundbreaking ceremony for the expansion of its acrylic acid (AA) plant in Cilegon, Banten, Indonesia with a production capacity of 100,000 tonnes per year. Currently, the site can produce 140,000 tonnes per year of AA and will be increased to … Read more

BASF Increases Capacity for Higher Carboxylic Acids

BASF has increased its global production capacity for the Higher Carboxylic Acids (HCA) Isononanoic Acid (INA) and 2-Ethylhexanoic Acid (2-EHA) from 55,000 metric tons to 68,000 metric tons per year. With world-scale and highly flexible production facilities at its Verbund sites in Ludwigshafen, Germany, and Kuantan, Malaysia, BASF is among the leading producers of HCA … Read more

China’s Hengyi Starts Trial Runs at New Refinery, Petchem Facility in Brunei

China’s Hengyi Petrochemical Co Ltd has started trial operations at its new refinery and petrochemical facilities in Brunei, as stated in the Reuters report. The new plant in Palau Muara Besar consists an 8 million tonne per year crude oil refinery (160,000 barrels per day), a 1 million tonne per year aromatics plant and a … Read more

Air Liquide Signs $140M Supply Agreement with ExxonMobil-Sabic JV and will Build New ASU

Air Liquide has signed a long-term agreement with Gulf Coast Growth Ventures (GCGV), a 50/50 joint venture between ExxonMobil and SABIC, to supply oxygen and nitrogen from its industrial gas pipeline network to GCGV’s planned ethane cracker facility located near Corpus Christi, in Texas. To support the new agreement and additional volumes, Air Liquide plans … Read more

CPChem, Qatar Petroleum Planning $8B US Gulf Coast Project

Chevron Phillips Chemical Company LLC and Qatar Petroleum announced they have signed an agreement to jointly pursue development of a new petrochemical plant in the Gulf Coast region of the United States. The U.S. Gulf Coast II Petrochemical Project (USGC II) will include a 2 million tonne per annum ethylene cracker and two 1 million … Read more

BASF India to Divest Stilbene-based Optical Brightening Agents Business to Archroma

BASF India Limited has entered into an agreement to divest its stilbene-based Optical Brightening Agents (OBA) business for paper and powder detergent applications to Archroma India Private Limited for about Rs 33.50 crore ($4.9 million). The transaction includes stilbene-based OBA product portfolio and the manufacturing unit at Ankleshwar, India. The stilbene-based OBA business is part … Read more

Ineos Styrolution Develops Chemical Recycling Solution for Polystyrene

INEOS Styrolution, the global leader in styrenics, has agreed with Unternehmensgruppe Theo Müller, a recognized leader in dairy products, to collaborate on developing a circular solution for polystyrene based on chemical recycling. The joint project between INEOS Styrolution and Unternehmensgruppe Theo Müller focuses on the use of polystyrene that is recycled via depolymerisation, a process … Read more

Oxea to build New Plant for Carboxylic Acids in Oberhausen, Germany

Oxea, a global chemical company has decided to build a new world-scale production plant for carboxylic acids in Oberhausen, Germany to meet rising demand. The new unit is the sixth of its kind in Oxea’s global production network. Once brought onstream by the end of 2021, it will double the current production capacity for isononanoic … Read more