BASF initiated the process to divest its shares in the two joint venture companies BASF Markor Chemical Manufacturing (Xinjiang) Co., Ltd. and Markor Meiou Chemical (Xinjiang) Co., Ltd. in Korla, China in the fourth quarter of 2023. As part of its global strategy for 1,4-butanediol (BDO), BASF assessed the market environment and product carbon … Read more
Solvay is further extending its leadership position in the global hydrogen peroxide market by expanding the capacity of its Shandong Huatai Interox Chemical site in China. Building on its existing partnership with Huatai Chemical, the strategic alliance will enable the site to produce 48 kilotons of photovoltaic-grade hydrogen peroxide annually by 2025. This strategic investment … Read more
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
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
MAIRE announced that Tecnimont, part of the Integrated E&C Solutions business unit, today signed a Letter of Award with ADNOC for the onshore processing plant of the Hail and Ghasha Development Project. The award was signed at ADIPEC, the world’s largest energy summit. The Hail and Ghasha project is aimed to operate with net-zero CO2 emissions, in … Read more
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced a contract from Sinopec Ningbo Zhenhai Refining & Chemical Co. Ltd. (Sinopec NZRCC), a subsidiary of the Sinopec Group and its flagship refining and petrochemical company. Sinopec NZRCC will license Lummus’ Novolen® technology for a new 500-kilo-ton per annum polypropylene plant in Ningbo, China. “With … Read more
Wacker Chemie AG is expanding its specialty silicone manufacturing capacities in China. A kick-off event at the Zhangjiagang site in Jiangsu Province marks the start of the construction of several new production lines, where the globally operating chemical group will manufacture functional silicone fluids, silicone emulsions and silicone elastomer gels. Investments of some €150 million have … Read more
Shanghai, China – Evonik Industries has successfully completed the relocation and expansion of its state-of-the-art precious metal powder catalyst plant, located within the Shanghai Chemical Industrial Park (SCIP). The production is poised to commence in the fourth quarter of 2023, marking a significant milestone for the company’s continued growth in the precious metal catalyst market. … Read more
Operations have begun at leading chemical producer Qixiang Tengda’s new propylene oxide complex in Zibo City, China, using technology from Evonik and thyssenkrupp Uhde. The technologically integrated setup offers significant ecological and economic benefits compared to conventional production methods for propylene oxide. With the capacity to produce 300,000 tons of propylene oxide each year, the … Read more
SABIC and SINOPEC announced the commercial operation of a new polycarbonate (PC) plant at their 50-50 joint venture (JV) – SINOPEC SABIC Tianjin Petrochemical Co. Ltd. (SSTPC). Khalid Hashim Al-Dabbagh, SABIC Chairman, and Ma Yongsheng, SINOPEC Chairman attended the ceremony. Established in 2009, SSTPC is a mega-size petrochemical complex that already consists of nine world-scale … Read more
BASF has commenced construction of its syngas plant at the Verbund site in Zhanjiang, China. This world-scale syngas facility, fully integrated into the Verbund site, is scheduled to start up in 2025. BASF will adopt unique process concepts in the syngas plant to reduce carbon emissions compared to conventional syngas plants, contributing to BASF’s sustainability … Read more
Covestro has completed construction on a new production facility for polyurethane dispersions (PUDs) in Shanghai, China. Once coming on stream in the first quarter of next year, the new capacity is expected to greatly address the rising demand for environmentally compatible coatings and adhesives in Asia Pacific, serving industries ranging from automotive, construction, and furniture … Read more
Johnson Matthey plc, a global leader in sustainable technologies, has signed an investment agreement with the Jiading District in Shanghai to help accelerate the hydrogen economy in China. At a signing ceremony in Sonning, UK today, JM and the Shanghai Jiading District announced plans to build a new catalyst-coated membrane (CCM) production facility, providing CCM … Read more
BASF and Zhejiang Guanghua Technology Co., Ltd. (KHUA) have signed a Letter of Intent (LoI) for the supply of Neopentyl Glycol (NPG) from BASF’s Zhanjiang Verbund site to KHUA. This agreement marks a significant milestone in the long-term partnership between both parties. KHUA, a reputed manufacturer of saturated polyester resins for the powder coatings industry … Read more
LyondellBasell announced that PetroChina Guangxi Petrochemical Company will license the LyondellBasell polyethylene technology at their facility located in Qinzhou City, Guangxi, P.R. of China. The newly licensed technology will comprise the LyondellBasell leading high-pressure Lupotech process technology which will be used for both a 100 kiloton per year (KTA) Autoclave and a 300 KTA Tubular … Read more
Hong Kong SAR, China – BASF has broken ground on a polyethylene (PE) plant at its Verbund site in Zhanjiang, China. The new plant with a capacity of 500,000 metric tons of PE annually will serve the fast-growing demand in China. The plant is scheduled to start up in 2025. “China’s demand for PE has … Read more
Brenntag, the global market leader in chemicals and ingredients distribution, announced the acquisition of Shanghai Saifu Chemical Development Co., Ltd., one of the most respected market leaders in specialty distribution with expertise in Personal Care Chemicals in China. The acquisition of Saifu in China fits Brenntag’s acquisition strategy as a leading consolidator in the industry … Read more
The China National Chemical Engineering Corporation (CNCEC) has recently partnered with Aeon Corporation, led by Russian billionaire Roman Trotsenko, to construct a methanol plant in Volgograd. This joint venture, marked by the signing of an engineering, procurement, and construction contract, was announced during the St. Petersburg International Economic Forum. The project holds significant importance for … Read more
Johnson Matthey, a global leader in sustainable technologies, is set to supply Fujian Zhongjing Petrochemical Group with the latest butanediol (BDO) technology. This technology is essential for the production of bio-degradable plastics (PBAT), as China intensifies its efforts to eliminate single-use plastics and combat pollution. The construction of three BDO plants will take place in … Read more
W. R. Grace & Co has achieved another significant milestone in the Asian market with the start-up of a 500 KTA polypropylene reactor line by PetroChina Guang-Dong PetroChemical Company, a subsidiary of PetroChina Group. The plant will produce homopolymer, random copolymer, and impact copolymer polypropylene resins, catering to the increasing demand for high-quality PP resins … Read more