SABIC Finalizes $6.4 Bn Investment Decision for Fujian Petrochemical Complex

The Saudi Basic Industries Corporation (SABIC), the leading global company in diversified chemicals, announced on Sunday that it has endorsed the final investment decision for the SABIC Fujian Petrochemical Complex Project (Saudi-Chinese Gulei Ethylene Complex Project) to be established in Fujian Province, China.   SABIC Fujian Petrochemical Company Limited, based on a 51% to 49% equity … Read more

INOX Air Products plans $3B green ammonia plant in India

INOX Air Products, a manufacturer of industrial and medical gases, announced on Tuesday the formalisation of a memorandum of understanding with the government of Maharashtra, India, for the establishment of a cutting-edge green ammonia plant, involving a substantial investment of $3 billion.  The ambitious project is slated to be operational within a timeframe of 3 … Read more

LyondellBasell invests $500M in Saudi petchems JV, to explore new PDH/PP complex

LyondellBasell (LYB) today announced it entered into an agreement to acquire a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company (NATPET) from Alujain Corporation (Alujain) for approximately $500 million. Enabled by its Spheripol polypropylene (PP) technology, the joint venture positions LYB to grow and upgrade its core PP business through access to advantaged feedstocks, plus additional product marketing … Read more

Solenis to expand with new production facility in Virginia

Solenis, a leading global producer of specialty chemicals for water-intensive industries, will invest $193 million to expand its operation in the City of Suffolk, Virginia. The company will build a new 80,000-square-foot production facility, packaging facility and tank farm, and add a new rail spur to accommodate production of polyvinylamine (PVAm) polymer products, which are … Read more

Saudi Chemical inks MoU to set up ammonium nitrate, nitric acid facility in Ras Al Khair

Saudi Chemical Co. Holding (SCCH) and its subsidiary, Saudi Chemical Co. Ltd. (SCCL), have recently inked a non-binding memorandum of understanding (MoU) with Dyno Nobel, marking a significant stride in the chemical industry. The collaboration is geared towards establishing a state-of-the-art facility in Ras Al Khair to produce ammonium nitrate and nitric acid.  According to … Read more

Cepsa, C2X set up joint project to develop green methanol plant in Europe

Cepsa, which is owned by Mubadala and Carlyle, and C2X, an independent company majority owned by A.P. Moller Holding with A.P. Moller – Maersk as minority owner, announce a joint ambition to develop a green methanol plant in the port of Huelva, southern Spain. Green methanol is made by using green hydrogen and non-fossil sources of … Read more

LyondellBasell polyolefin tech selected for China Coal Shaanxi chemical complex

LyondellBasell (NYSE: LYB), the world’s largest licensor of polyolefin technologies, announced that China Coal Shaanxi Yulin Energy & Chemical Co., Ltd. (China Coal Shaanxi), will use the LyondellBasell Spherizone, Hostalen Advanced Cascade Process (Hostalen ACP) and Lupotech T technology for its new facility.  The process technology will be used for a 300 kilotons per annum (KTA) Spherizone polypropylene plant, a 300 KTA Hostalen ACP high-density … Read more

PPG is considering the potential divestiture of its precipitated silica business

PPG (NYSE: PPG), a global leader in paints, coatings, and specialty materials, announced that it has engaged Morgan Stanley & Co. LLC as financial advisor to assist in a review of strategic alternatives for its silica products business.  PPG’s silica products business, which operates within the company’s specialty coatings and materials strategic business unit, manufactures … Read more

India’s Godrej Industries to invest $72.2 million to expand oleo chemicals capacity

Godrej Industries Ltd (Chemicals Division) has recently entered into a non-binding Memorandum of Understanding (MoU) with the Gujarat government, as revealed in an official regulatory filing.  The agreement signals a potential substantial expansion for Godrej Industries in Valia, with an anticipated investment of Rs 6 billion ($72.2 million) over the next four years. The expansion … Read more

Colonial Chemical to inaugurate Saudi specialty surfactants plant

Colonial Chemical, a leading manufacturer of personal care ingredients based in the United States, is set to inaugurate a cutting-edge manufacturing facility in Dammam, Saudi Arabia on January 17.  This state-of-the-art plant has been established through the collaborative efforts of Colonial Chemical Middle East Arabia (CCME), a joint venture between Colonial Chemical and its Saudi … Read more

India’s DCM Shriram to invest $1.44 billion in Gujarat by 2028

DCM Shriram Ltd has committed to investing Rs 120 billion ($1.44 billion) in the manufacturing of chemical and petrochemical products in Bharuch by 2028. This substantial investment indicates the company’s confidence in the growth prospects of the sector and its commitment to expanding its operations.  As India’s second-largest chlor alkali manufacturer, DCM Shriram aims to … Read more

Usalco acquires Brenntag Southwest coagulants business

USALCO, LLC, a leading provider of water treatment solutions for municipal and commercial customers, announced that it has acquired the coagulant manufacturing business of Brenntag Southwest, Inc.  Brenntag’s coagulants business is based in Houston, TX, and serves a diverse group of municipal and commercial water treatment customers in Texas, a key growth region for USALCO. … Read more

Aramco, Rongsheng in talks to buy stake in each other’s units

Aramco and Rongsheng Petrochemical (Rongsheng) planned to buy stake in each other’s units, according to a memorandum of understanding (MOU) the two sides signed.  The MOU is another milestone following the agreement the two parties reached in March last year, marking an important step forward in fostering cross-border investment.  Under the MOU, Aramco and Rongsheng … Read more

DIC builds printing inks plant in China

DIC Corporation announced that wholly owned subsidiary Nantong DIC Color Co., Ltd., based in Nantong, Jiangsu Province, in the People’s Republic of China (PRC), has commenced construction of a new printing inks production facility in the southern area of the Nantong Economic and Technological Development Area (NETDA).   The new facility is scheduled to begin … Read more

Reliance becomes first Indian company to make PE, PP by advanced recycling

Reliance Industries on Friday said it has become the first Indian company to chemically recycle plastic waste-based pyrolysis oil into International Sustainability and Carbon Certification (ISCC)-Plus certified circular polymers.  In a release, it said this innovation is a testimony to Reliance’s commitment to reducing plastic waste and supporting the circular economy in India.  Reliance shipped its first … Read more

India’s Ami Organics to set up battery electrolyte plant

Ami Organics, a prominent player in the field of specialty chemicals research and development, is gearing up to capitalize on the thriving battery market. The company has recently entered into a groundbreaking Memorandum of Understanding (MoU) with a global electrolyte giant, paving the way for the establishment of battery cell and material production facilities in … Read more

Mitsubishi Chemical sells Indonesian PTA business to Lintas Citra Pratama

In a strategic move to enhance its business portfolio and reinforce its commitment to sustainable growth, Mitsubishi Chemical Group Corporation has recently announced the decision to transfer shares of its subsidiary, PT Mitsubishi Chemical Indonesia (MCCI). The shares will be transferred to PT Lintas Citra Pratama, a company with plans to commercialize paraxylene, a key … Read more

Brenntag to acquire Solventis, a solvents and glycols distributor

Brenntag, the global market leader in chemicals and ingredients distribution, announced the agreement to acquire Solventis Group, a glycols and solvents distribution company operating from Antwerp, Belgium, and from the UK.  Ewout van Jarwaarde, Chief Executive Officer Brenntag Essentials, commented: “Brenntag Essentials combines a cost-efficient network of last mile service operations with regional sourcing and … Read more

PQ plans to install sodium silicates furnace at Georgia site

PQ LLC., a leading global producer of sodium silicates, specialty silicas, and derivative products, announced plans to expand its existing Augusta, Georgia-based manufacturing facility with an on-site sodium silicate furnace.  The new, high-efficiency furnace will significantly increase PQ’s production capabilities in the Southeastern United States as well as enhance its broader silicate supply network. The … Read more

ACWA plans 600,000 MTPA green ammonia plant in Egypt

Saudi-listed ACWA Power, the world’s largest private water desalination company, leader in energy transition and first mover into green hydrogen, has signed the framework agreement, following the MoU that was signed in 7th of December 2022 to outline the development of the first phase of the green hydrogen project in Egypt with a capacity of … Read more