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
Nouryon has doubled production capacity for dicumyl peroxide (DCP) at its site in Ningbo, China after completing a major expansion project. The plant is the largest of its kind in the world and can now produce up to 38,000 tons per year of DCP, an organic peroxide used in the manufacture of polymers that need … Read more
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 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 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
INEOS Phenol has announced on Thursday it is to build a world scale, state of the art cumene unit in Marl Germany, to be completed in 2021. The new 750,000 tonne unit will use existing pipeline connections between INEOS’ phenol and acetone production site in Gladbeck, the Evonik Chemiepark in Marl and the BP refinery … Read more
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
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 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, 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, 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
Saudi Aramco and Baker Hughes, a GE company (BHGE) signed a memorandum of understanding on July 2nd to create a new joint venture facility in Saudi Arabia to manufacture non-metallic materials which will be used in a variety of areas of the energy industry. “This agreement supports Saudi Aramco’s strategy to play a leading role … Read more
Synthomer Plc said on Wednesday it has agreed to buy Omnova Solutions Inc for an enterprise value of $824 million in a bid to strengthen its global position. London-based Synthomer is offering Beachwood, Ohio-headquartered Omnova $10.15 for each share, a premium of 58% to Omnova’s closing price on Tuesday. Completion is subject to closing conditions, … Read more
Arkema completed the acquisition of ArrMaz, a global leader in specialty surfactants for crop nutrition, mining and infrastructure markets. The acquisition of this profitable, resilient and low capital intensive business, which has an accretive impact from the first year, is another milestone in Arkema’s growth journey towards specialties that contributes to further reinforcing the Group’s … Read more
Deepak Nitrite, a chemical intermediates manufacturer announced on Saturday that it has successfully commissioned a Rs 1,400 crore ($202 million) phenol-acetone plant as reported by Business Standard. The new plant will help import savings of Rs 2,800 crore (about $400 million) for the company, the news report added. The plant set up through its wholly-owned … Read more
HMC Polymers, a leading SE Asia Polypropylene (PP) producer announced plans to construct a fourth Polypropylene plant at its Map Ta Phut site, Rayong Province Thailand, bringing HMC’s total PP capacity to over 1 million tons and maintaining position as SE Asia’s largest PP producer. “HMC will continue our mission to push the boundaries of … Read more
Advanced Petrochemical Company announced the signing of a Memorandum of Understanding (MOU) between Advanced Global Investment Company (AGIC), a subsidiary of Advanced, and SK Gas Co. Ltd, an affiliate of SK Group, South Korea, for the development of a Propane Dehydrogenation (to produce Propylene) and Polypropylene (to produce PP) Project in Jubail Industrial City in … Read more
Linde announced that it has signed a long-term agreement with ExxonMobil Asia Pacific Pte. Ltd. to support the latest multi-billion dollar expansion of the company’s integrated manufacturing complex in Singapore. This will be the single largest sale of gas contract in the history of the newly merged Linde and of its legacy companies. Linde will … Read more
Nouryon has increased production capacity for dialkyl peroxide at the company’s Ningbo site, China, by 25 percent after completing a major expansion project. The product, branded as Perkadox 14, is essential in the manufacture of many elastomer-based products, ranging from sports goods to industrial wires and cables. “Demand for Perkadox 14 in Asia and worldwide … Read more
Chevron Phillips Chemical Co has offered to acquire Nova Chemicals Corp. for more than $15 billion, Reuters reported based on information from people familiar with the matter. Nova Chemicals is owned by Mubadala Investment Co., located in Abu Dhabi in the United Arab Emirates (UAE). The state-owned investor has been scouting for a buyer since … Read more