Saudi Aramco signed $10 billion joint venture deal in China

During Crown Prince Mohammed bin Salman’s visit to Beijing, Saudi Aramco signed a deal for a refining and petrochemical complex in China worth more than $ 10 billion. By signing supply deals with non – state Chinese refiners, Aramco is set to boost its market share. Saudi Aramco has signed a $ 10-billion joint venture … Read moreSaudi Aramco signed $10 billion joint venture deal in China

Chroma Colors of Arsenal Capital acquires Polymer Concentrates Inc

Chroma Color Corporation announced that it has acquired Polymer Concentrates Inc., based in Clinton, MA. With this latest acquisition, Chroma Color, together with its range of colorant and additive technologies, continues to increase its production footprint to better serve existing and prospective customers. Transaction terms have not been disclosed. Polymer Concentrates Inc., a private company, … Read moreChroma Colors of Arsenal Capital acquires Polymer Concentrates Inc

Nauticol’s methanol project gets royalty credits from Canadian province

The Government of Alberta has pledged support for the $1.51 billion methanol plant proposed by Nauticol Energy in the Canadian province. The methanol plant, which will be built 10 km south of Grande Prairie, will be supported by the provincial government with up to $60.61 million in the form of future royalty credits for phase … Read moreNauticol’s methanol project gets royalty credits from Canadian province

INEOS Styrolution completes acquisition of two polystyrene sites in China

INEOS Styrolution, the world leader in styrenics, announced the completion of the acquisition of polystyrene sites from Total S.A. after all applicable regulatory and legal approvals have been received. The transaction, which was agreed on 31 August 2018, includes the purchase of the Foshan site in South China’s Guangdong Province and the Ningbo site in … Read moreINEOS Styrolution completes acquisition of two polystyrene sites in China

Saudi Aramco to invest $10B on refinery complex in Pakistan

Saudi Aramco to build a refinery and petrochemical complex worth $10 billion in Gwadar, Pakistan. Pakistan and Saudi Arabia signed investment deals worth more than $20 billion during Saudi Crown Prince Mohammed bin Salman’s visit to Islamabad last Sunday. The unprecedented Saudi investments are considered a “game – changer,” and a major boost for Pakistan’s struggling … Read moreSaudi Aramco to invest $10B on refinery complex in Pakistan

PolyPlus and SK Enter into Joint Development Agreement for Glass-protected Lithium Metal Battery

PolyPlus Battery Company announced that it is entering into the initial phase of a Joint Development Agreement with SK Innovation Co. SK selected PolyPlus as its partner for its’ global consortium,’ following a extensive due diligence process. This partnership concentrates on PolyPlus’ solid state lithium anode laminate that can double the energy density and cycle … Read morePolyPlus and SK Enter into Joint Development Agreement for Glass-protected Lithium Metal Battery

Nouryon licensed its CS2 tech to Indonesian fiber manufacturer

Nouryon has licensed its cutting – edge carbon disulfide (CS2) manufacturing technology to one of the leading manufacturers of viscose fibers in Indonesia to enhance its production on Sumatra Island. In order to better service its customers in the Asia / Pacific region, any CS2 excess volume produced by the plant can be marketed by … Read moreNouryon licensed its CS2 tech to Indonesian fiber manufacturer

Chevron Phillips Chemical to Build Cracker in Orange County Texas

Chevron Phillips Chemical has announced that it would be investing $5 billion to build an ethylene plant in Orange County, Texas. Company sources informed that the construction could begin by 2020 and commercial operations commence by 2024. The two-unit plant would be located half in the West Orange-Cove school district and half in the Bridge … Read moreChevron Phillips Chemical to Build Cracker in Orange County Texas

Eni and SABIC will Jointly Develop Natural Gas Conversion Tech to Produce Fuels and Chemicals

Eni and SABIC have signed a Joint Development Agreement to further develop an innovative technology for natural gas conversion into synthesis gas that can be further transformed into high value fuels and chemicals, such as methanol. The partnership will involve, among other activities, the construction of an Industrial Demonstration Plant that will be built and … Read moreEni and SABIC will Jointly Develop Natural Gas Conversion Tech to Produce Fuels and Chemicals

Aramco-Air Products to Jointly-Build Saudi’s First Hydrogen Fuel Cell Vehicle Fueling Station

Saudi Aramco and Air Products signed an agreement to jointly-build the first hydrogen fuel cell vehicle fueling station in Saudi Arabia. The collaboration between the two companies will combine Air Products’ technological know-how and experience in the field of hydrogen with Saudi Aramco’s industrial experience, facilities and R&D capabilities. Saudi Aramco and Air Products will … Read moreAramco-Air Products to Jointly-Build Saudi’s First Hydrogen Fuel Cell Vehicle Fueling Station