Arkema Announces 2024 Strategy of Becoming a Specialty Materials Leader

Arkema unveiled its ambition to become a world leader in Specialty Materials realigned around three businesses: Adhesive Solutions, Advanced Materials, and Coating Solutions at a Strategy Update meeting on April 2. The Group unveiled its roadmap and its objectives for 2024 at this event. The Group has decided to align its organization which will now … Read more

LyondellBasell to Slow Construction on PO/TBA Project

LyondellBasell announced on Monday that it will slow construction of its propylene oxide (PO) and tertiary butyl alcohol (TBA) facility in Channelview, Texas. The company is limiting non-essential activities considering the current concerns related to the coronavirus pandemic. The PO / TBA site is under construction and limiting the construction activities will be prudent, according … Read more

Advanced Petrochemical and SK Gas Plan $1.8B PDH/PP Complex

Advanced Global Investment Company (AGIC), a subsidiary of PP producer Advanced Petrochemical, has agreed to form a joint venture with South Korea’s SK Gas and build a propane dehydrogenation (PDH)/PP complex at Jubail, Saudi Arabia. The JV agreement follows a Memorandum of Understanding (MoU) signed in June, 2019. The new entity, called Advanced Polyolefins, will … Read more