Linde PLC announced it has commissioned a new air separation unit (ASU) in Freeport, Texas, as part of a long-term agreement to supply MEGlobal Americas Inc.’s new monoethylene glycol (MEG) plant at Oyster Creek petrochemical complex in Freeport. The new ASU will supply oxygen and nitrogen to MEGlobal Oyster Creek for use in its MEG … Read more
Mitsubishi Gas Chemical Company, Inc. (MGC) to build a production facility for industrial hydrogen peroxide (IHP) at its Taiwanese subsidiary in order to further develop the company’s business for super-pure hydrogen peroxide (SPHP) used in semiconductor production processes. SPHP is used primarily as a cleaning, etching and abrading agent in semiconductor wafer and device manufacturing … Read more
PTT Global Chemical Company Limited announced that the company, on Febraury 3, has established a joint venture with ALPHA to operate high-quality recycled plastic plant in Royang, Thailand. The newly formed joint venture company called ENVICCO limited has PTT Global holding 70% of total shares together with another 30% held by ALPHA. According to PTT … Read more
Ascend Performance Materials, an integrated polyamide (PA) 66 supplier, has signed an agreement to purchase Poliblend and Esseti Plast GD from D’Ottavio Group. The acquisition includes a manufacturing facility in Mozzate, Italy, the masterbatch portfolio of Esseti Plast GD and the engineering plastics portfolio of Poliblend, which consists of virgin and recycled grades of PA … Read more
INEOS and UPM Biofuels announced a long-term agreement to supply a renewable raw material for new and innovative bio-attributed polymers to be produced at INEOS Köln, Germany. INEOS will use UPM BioVerno, a sustainable raw material from a renewable residue of wood pulp processing, to produce bio-attributed polyolefins. These new sustainable materials will be used … Read more
Reliance Industries Ltd (RIL) is planning to expand Dahej Manufacturing Division (DMD), a petrochemical and downstream manufacturing unit, with an investment of Rs 5,100 crore ($700 million). “Dahej petrochemical manufacturing facility is proposing to set up the new plants and facilities, which includes manufacturing of Ethylene Dichloride (EDC), CHDM, PET-G, establishing New incinerator in VCM … Read more
Iberchem Group announced that it has completed the acquisition of Flavor Inn Corporation and Duomei, two flavour companies located in Malaysia and China respectively. The terms of the transaction were not disclosed. These transactions come as the latest effort in the Group’s merger and acquisition strategy initiated last year with the purchase of South Africa’s … Read more
Linde PLC has recieved a contract to provide technology for PJSC Sibur Holding’s cracker at Amur gas chemical complex (GCC). GCC is an integrated 1.5 million tons per year polyethylene and polypropylene production complex to be built near Svobodny in Russia’s far-east Amur region. The contract was awarded to Linde under a consortium with Sibur … Read more
Linde announced it has started up a new Air Separation Unit (ASU) effectively doubling the production capacity of its existing plant at Mims, Florida. “The expansion is in response to rapidly growing contracted demand for space launch activity,” the company said in its statement. The new plant will increase production to more than 500 tons … Read more
PPG announced that it has reached a definitive agreement to acquire Alpha Coating Technologies, LLC, a manufacturer of powder coatings for light industrial applications and heat sensitive substrates. The transaction is expected to close in the first quarter of 2020, subject to customary closing conditions. Financial terms were not disclosed. “Alpha’s best-in-class service, technology and … Read more
Chroma Color Corporation announced the acquisition of Plastics Color Corporation (PCC), including its two facilities in Asheboro, North Carolina and Calumet City, Illinois. Terms of the transaction were not disclosed. PCC deals in color concentrates, functional additives and custom polymer masterbatch. The company has multiple certifications and accreditations that meet government standards and regulations, including … Read more
Showa Denko announced its plan to close a production site in Meitingen, Germany, for which the company started labor-management consultations. The site is a part of consolidated subsidiaries SDK Carbon Products Germany GmbH & Co. KG and SDK Carbon Germany GmbH. The Meitingen site is currently producing connecting pins for graphite electrodes. Once closed, Showa … Read more
Asahi Kasei announced on 29 Januray that naphtha cracker of Asahi Kasei Mitsubishi Chemical Ethylene Corp. in Mizushima which was suspended on January 14, 2020, was restarted on January 28, 2020. Initially, the suspension of operations was a result of refrigerant-related equipment issues. The restart was delayed from the previously announced schedule of January 24, … Read more
Advansa GmbH, manufacturer of polyester fibers announced on January 29 that PT Asia Pacific Fibers will acquire all the assets of Advansa GmbH as well as the other relevant companies of the Advansa Group. Advansa Marketing GmbH, Hamm, as well as Bergers Technik und Maschinenbau GmbH, Hamm, among others will be included under the deal. … Read more
Evonik has successfully closed the acquisition of the US company PeroxyChem for US$640 million after the responsible court in Washington D.C. dismissed the lawsuit filed by the Federal Trade Commission (FTC) to block the acquisition. Christian Kullmann, chairman of Evonik’s executive board said, “In its judgment, the court confirmed our view of the H2O2 and … Read more
DOMO Chemicals, a leading producer of engineering materials announced that the company has completed its acquisition of Solvay’s Performance Polyamides Business in Europe. The acquired business includes Engineering Plastics operations in France and Poland; High Performance Fibers in France; Polymer and Intermediates operations in France, Spain and Poland. The agreement also involves a joint venture … Read more
Kurita Water Industries Ltd., a Japanese water treatment chemicals manufacturer announced that it has decided to establish a new research and development base in Akishima-shi, Tokyo in April 2022. The construction will begin in May this year. It is planned to be completed in March 2022. Functions of the Kurita Global Technology Center (Nogi-machi, Shimotsuga-gun, … Read more
Celanese Corporation, a global chemical and specialty materials company, and Nouryon today announced they have signed an agreement for Celanese to acquire Nouryon’s redispersible polymer powders business offered under the Elotex brand (Elotex business). As part of the acquisition, Celanese will acquire all of Nouryon’s global production facilities for redispersible polymer powders across Europe and … Read more