DSM, a nutrition chemicals and materials multinational has announced it will extend the annual summer shut down period at its Jiangshan vitamin C site in China so further upgrades to the facility can be carried out. “DSM continues to invest
Nouryon Doubles Capacity for Dicumyl Peroxide in China
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
Nippon Shokubai Breaks Ground for New Acrylic Acid Plant
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,
China’s Hengyi Starts Trial Runs at New Refinery, Petchem Facility in Brunei
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
BASF India to Divest Stilbene-based Optical Brightening Agents Business to Archroma
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
Deepak Nitrite Commissions $202 M Phenol-acetone Plant at Dahej, India
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
HMC Polymers to Build New PP Plant in Thailand
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
Linde signs long-term supply agreement with ExxonMobil
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
Nouryon Completes Capacity Expansion for Dialkyl Peroxide in China
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
Evonik Commissions Second Complex for Methionine Production in Singapore
Evonik officially commissioned its second complex for the production of MetAMINO® (DL-methionine) and strategically important precursors in Singapore on June 18, 2019. “Our methionine complex on Jurong Island, which we commissioned in late 2014 has been a real success story.
Danhua Chemical Technology to Acquire Jiangsu Silbang Petrochemical
Danhua Chemical Technology Co., Ltd. is planning to purchase 100% equity of Jiangsu Silbang Petrochemical Co., Ltd. by way of issuance of shares. The transaction is valued around 11 billion yuan ($1.59 billion). The transaction is part of the company’s
SK Chemicals Acquires KCF Technologies from KKR for $1 Billion
SK Chemicals Inc., a chemical unit of SK Group, said that it has decided to acquire KCF Technologies Co., the world’s top producer of copper foil for lithium-ion batteries, in a bid to diversify its business portfolio. SK Chemicals said
Rare Earth Exports by China Drop 16 Percent in May
China saw a 16 percent monthly drop of rare earth exports in May amid trade war escalation and an increased focus on domestic resources conservation and high-quality development of commodities, as reported by China Daily. Rare-earth exports by China fell
Covestro Delivers First Ever Order of Polyurethane Resin for Wind Blades
Covestro, a leading global supplier of high-performance polymer materials, has delivered its first commercial order of polyurethane raw materials for wind blades to China. China is the world’s largest wind power market with 221 GW of installed capacity at the
BASF-YPC Starts Production at Second Propionic Acid Plant
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
Mitsui Chemicals to Boost PP Compounding Capacity
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
BASF Invests in Longwater Advanced Materials Fund
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
Lotte Group Plans to Expand Chemical Business Unit in South Korea
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
Nippon Shokubai and Sanyo Chemical to Merge Businesses
Nippon Shokubai and Sanyo Chemical Industries announced on Wednesday that the two companies had reached a Basic Agreement to move ahead with the consideration toward the integration of their businesses based on an equal footing. They will establish a holding
Orica and Jiulian Sign Explosives Joint Venture in China
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