BASF and SINOPEC commenced production at the second propionic acid plant at the Verbund site, BASF-YPC Co., Ltd., a 50-50 joint venture in Nanjing, China. Commercial products are now available for sale to customers in China and the rest of Asia Pacific. The new plant has an annual production capacity of 30,000 metric tons of … Read more
Mitsui Chemicals, Inc. is expanding its subsidiary in Thailand, Grand Siam Composites’ polypropylene (PP) compounding capacity to meet increasing global demand from the automotive industry. The expansion due on stream in June 2020 will boost the overall global compounding capacity of the group to nearly 1 million tons per year, ranking it second behind LyondellBasell. … Read more
BASF Venture Capital is investing in the Longwater Advanced Materials Fund. This private equity fund is managed by Longwater Investment, a pioneer growth capital investor in advanced materials and chemistry-related technologies in China. BASF Venture Capital is one of several Limited Partners; other investors include Xiamen C & D, CICC Genesis and Tsinghua Redbud. The … Read more
Lotte Group’s Chemical Business Unit (BU) has announced plans to invest about KRW 3.7 trillion ($3.1 billion) in South Korea by 2022. Business Korea reported that Lotte Group is aiming to increase its global sales to KRW 50 trillion by 2030 as part of the expansion plans. Lotte Group chairman Shin Dong-bin also has further … Read more
Perstorp has obtained FCN 001967 (Food Contact Notification) from the US FDA for the use of Pevalen as a plasticiser in PVC polymers for use in repeated‐use food contact articles. Jenny Klevås, Product Manager, Perstorp, said: “The food contact notification will further strengthen the offer to the North American market which we believe will be … Read more
Nouryon and Gasunie are exploring an expansion in Delfzijl, the Netherlands, of a planned green hydrogen unit. The feasibility study follows an agreement to convert sustainable electricity to green hydrogen for SkyNRG. The plant could be scaled from 20 megawatts to at least 60 megawatts–allowing 9,000 tons of green hydrogen to be converted annually. SkyNRG, … Read more
On 23rd of May, Orica and Guizhou Jiulian Industrial Explosives have signed final, binding documents to establish a joint venture for the manufacture and service delivery of explosives in China. This follows an agreement to work toward this outcome announced on 16 July 2018. Under the terms of the binding agreements, each party will contribute … Read more
Eastman Chemical Company announced investments in expanding its capabilities for the production of hydrogenated and non-hydrogenated hydrocarbon resins at both its Middelburg, The Netherlands, and Jefferson, Pennsylvania, manufacturing sites. Additional investments will also be made in the production of polyolefin polymers at the Longview, Texas, manufacturing site. The expansions will be completed at various times … Read more
BASF announced that it has developed OASE® gas treatment technology for methanol production which emits no carbon dioxide during the entire production process. The production processes of the most important basic chemicals are responsible for around 70 percent of the greenhouse gas emissions in the chemical industry. BASF experts are working intensely on new technologies … Read more
McDermott International, Inc. announced that it has been awarded a sizeable technology contract by MOL Petrochemicals for the basic engineering, technology license, catalyst and Front End Engineering Design (FEED) for an Olefins Conversion Technology (OCT) unit at MOL’s petrochemicals complex in Tiszaújvaros, Hungary. Once complete, this unit will have a production capacity of 100,000 MTA … Read more
Shell Chemical announced on Monday that the company will advance feasibility plans for a potential $1.2 billion manufacturing expansion at its Shell Geismar facility in Louisiana. At the 841-acre complex in Ascension Parish, Shell Chemical LP would build a world-scale monoethylene glycol (MEG) plant, pending final engineering, design and investment decisions. A decision to proceed … Read more
Hyundai Chemical Company, Ltd. has chosen Univation Technologies’ UNIPOL PE Technology for a 300 kTA high-density polyethylene (HDPE) plant to be located at Hyundai’s site in Daesan, Republic of Korea. Hyundai will utilize a broad range of Univation’s HDPE product technology portfolio including the ACCLAIM K-100 Catalyst Series for advanced HDPE products such as film, … Read more
BASF announced that it will provide innovative 3D printing additive manufacturing materials to Paxis LLC for their new WAV technology. This is currently in development and is designed to meet the needs of additive manufacturing users, advanced manufacturing as well as traditional manufacturing markets. The WAV (Wave Applied Voxel) process was created with the end-user … Read more
Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, announced the start of its new polypropylene (PP) compounding plant in Taylorsville, US. The 50,000 sq. ft. facility, with rail siding in place, adds an initial 30,000 MT of capacity to strengthen Borealis’ and Borouge’s global supply capability for … Read more
The Uzbekistan Energy Ministry and a group of investors including Uzbekneftegaz, Uzkimyosanoat, Air Products & Chemicals Inc. and Enter Engineering announced on 16th of May that they have signed a Project Development Agreement (PDA) to build a new petrochemical plant based on MTO (methanol-to-olefins) technology. The project aims to use domestic gas supply to produce high … Read more
GAIL (India) approved the revival of the existing LPG plant in Usar, Maharashtra and converting it into polypropylene (PP) complex. The planned capacity of the PP complex is 500,000 metric tonnes per annum and will be built with an estimated investment of $ 1.2 billion (Rs 8800 crore), as stated in Business Standard news article. This … Read more
Indorama Ventures Public Company Limited (IVL), a global chemical producer, launched new 100% rPET (recycled PET) brand DEJA as part of its continuous commitment to deliver responsible and sustainable growth. DEJA, 100% rPET products are derived by recycling 140 kilo tonne of plastic bottles yearly and transforming them into extra-ordinary, innovative, product ingredients. The PET … Read more
Venator Materials announced the filing of a lawsuit against Tronox at the Delaware Superior Court. The lawsuit resulting from Tronox’s refusal to honor its contract to pay Venator a $75 million “break fee” over the divestment of the Cristal North American titanium dioxide business. Venator seeks a judgment for $75 million, plus interest in pre-and post-judgment, and legal … Read more
Archroma has officially inaugurated its new Global Competence Center for Automotive & Synthetic Dyeing in Korschenbroich, Germany. The site is part of former M. Dohmen, an international group specializing in the production of textile dyes and chemicals for the automotive, carpet and apparel sectors, that Archroma acquired between 2014 and 2018. The inauguration ceremony, held … Read more
Chemicals manufacturer SRF Ltd has signed an agreement to sell its engineering plastics business to DSM’s Indian subsidiary DSM Pvt Ltd for $45 million. Subject to the relevant conditions, the deal is expected to close in six months, SRF said in a statement. “This marks a significant milestone for our company, as we take another … Read more