Dow commits to deliver 3 MMT per year of Circular and Renewable Solutions by 2030

Dow Inc. announced it will accelerate the sustainability targets the Company set in 2020 by expanding its Stop the Waste target to a Transform the Waste target. By 2030, Dow will transform plastic waste and other forms of alternative feedstock to commercialize 3 million metric tons of circular and renewable solutions annually. To do this, … Read more

BASF Confirms Final $780 Mn Phase MDI Expansion at Geismar

BASF is moving forward with the final phase of the expansion project for the methylene diphenyl diisocyanate (MDI) plant at its Verbund site in Geismar, Louisiana. With this third step of its multiphase capacity expansion, BASF will increase production capacity to 600,000 metric tons per year by the middle of the decade and support the … Read more

Enterprise Products proposes $5-billion US Ethane Cracker

Enterprise Products has disclosed that it is considering building a $5 billion ethylene cracker on the US Gulf Coast. The proposed cracker would have the capacity to produce 2 million tons of ethylene per year, Enterprise said, making it one of the largest in the world. Currently, Enterprise is considering the projects but has not … Read more

INEOS Plans Acetyls and associated Derivatives Complex on USGC

INEOS Acetyls has started a feasibility study into a world scale Acetic Acid plant and derivatives on the USA gulf coast (USGC) and is reviewing several high-quality locations. David Brooks, CEO INEOS Acetyls said “The gulf coast is a location well known to the INEOS group where we already have a significant presence. With its … Read more

DuPont’s Biomaterials business relaunched as New Company after its Sale to Chinese Firm

Covation Biomaterials, a private subsidiary of Huafon Group, was launched Wednesday following the close of the sale from DuPont for about $240 million. The company, which has nearly 200 employees worldwide, will be based at new offices in the Iron Hill Corporate Center in Newark. Biomaterials was a DuPont segment dedicated to discovering and producing … Read more

Bakelite Synthetics Completes Acquisition of Georgia-Pacific Chemicals

Bakelite Synthetics is pleased to announce the completion of its previously announced acquisition of Georgia-Pacific’s chemicals business. With this acquisition, and after over 100 years of development through legacy companies as a global phenolics leader, Bakelite Synthetics adds to its strong portfolio of products, brand and customers, as well as building on its growth strategy … Read more

Air Liquide opens its Largest Liquid Hydrogen Production Facility in US

Air Liquide officially opened its largest liquid hydrogen production and logistics infrastructure facility in North Las Vegas, Nevada. The facility aims to supply the growing needs for hydrogen mobility, but will also allow to provide hydrogen to a wide array of industries while the mobility market continues to mature. The facility, and the associated logistics … Read more

LyondellBasell to Exit Refining Business by end of 2023

LyondellBasell announced its decision to cease operation of its Houston Refinery no later than December 31, 2023. In the interim, the Company will continue serving the fuels market, which is expected to remain strong in the near-term, and consider potential transactions and alternatives for the site. The company revealed its intentions to sell the refinery … Read more

Avient to Acquire DSM’s UHMWPE Business for $1.6B, Plans Sale of Distribution Unit

Avient Corporation, a leading provider of specialized and sustainable material solutions, announced that it has entered into an agreement with Royal DSM to purchase the DSM Protective Materials business. The purchase price of $1.485 billion is subject to certain customary adjustments. In conjunction with this proposed acquisition, Avient has also announced that it plans to … Read more

Wood Awarded Study for Green Ammonia, Hydrogen Project in Chile

Wood plc will provide conceptual engineering for Total Eren’s H2 Magallanes Project, a large-scale green hydrogen production facility, to be located in the commune of San Gregorio, in the Magallanes region, Southern Chile. Wood’s scope covers the development of a complete off-grid integrated energy complex to produce ammonia from green hydrogen – avoiding up to … Read more

Bridgestone Partners with LanzaTech to Recycle Used Tyres

Bridgestone, a global leader in tires and sustainable mobility solutions, announced an exclusive partnership with Carbon Capture and Transformation (CCT) company, LanzaTech to address end-of-life tire waste. The two companies will co-develop the first dedicated end-of-life tire recycling process leveraging LanzaTech’s proprietary CCT technology, creating a pathway toward tire material circularity and the decarbonization of … Read more

Lubrizol, Suzano to Jointly develop Natural-based Ingredients

The Lubrizol Corporation announces a global collaboration project with Suzano, the world’s leading eucalyptus pulp and paper producer. This market-leading partnership will co-develop natural-based ingredients using renewable materials to the beauty, personal and home care markets. The new relationship combines Lubrizol science, formulation, and market expertise with Suzano knowledge in all varieties and applications of … Read more

KBR Catalytic Olefins Tech Chosen for US Petrochemical Plant

KBR announced that it has secured a contract from a leading midstream company for a world-scale olefins production facility to be built on the U.S. Gulf Coast. Under the terms of the contract, KBR will provide the license and engineering for the olefins production plant. KBR’s K-COTTM catalytic olefins technology is the key enabler that … Read more

ExxonMobil Progresses Construction of LAO Unit in Baytown

ExxonMobil announced that construction of the new linear alpha olefins (LAO) manufacturing unit at its Baytown, Texas, integrated petrochemical complex is progressing and targeting commercial start up in mid-2023. When fully operational, the new facility will have the capacity to produce approximately 350,000 metric tons of LAO annually. ExxonMobil will manufacture 10 high-purity LAO products … Read more

Maire Tecnimont Bags $230 Million Blue Ammonia Plant EPCM Contract in the US

Maire Tecnimont S.p.A. announced that it has been awarded a project on an EPCM basis by a leading global chemicals producer for the implementation of a Blue Ammonia plant in the United States. The project is part of the US’s plan to develop its energy transition industrial vision. Tecnimont S.p.A., a main contractor of Maire … Read more

Stolthaven Signs Deal for Green Hydrogen, Ammonia Export Hub at Pecém, Brazil

Stolthaven Terminals, part of the Stolt-Nielsen Group, and the Pecém Industrial and Port Complex have signed a memorandum of understanding (MoU) for the study of a new storage terminal in Pecém Port, Brazil. The terminal will focus on providing storage and handling services for green hydrogen and associated products. Pecém Port is located in Ceará … Read more

Bayer to Sell its Pest Control Business to Cinven for $2.6 Billion

Bayer and Cinven have entered into a definitive agreement regarding the sale of Bayer’s Environmental Science Professional business for a purchase price of $2.6 billion, Bayer announced on Thursday. “This divestment represents a very attractive purchase price and allows us to focus on our core agricultural business and the successful implementation of our Crop Science … Read more

ExxonMobil Plans Blue Hydrogen Plant at Baytown Petrochem Complex

ExxonMobil said it is planning a hydrogen production plant and one of the world’s largest carbon capture and storage projects at its integrated refining and petrochemical site at Baytown, Texas. The projects are a supporting effort to reduce emissions from company operations and local industry. “Hydrogen has the potential to significantly reduce CO2 emissions in … Read more

Arkema Completes Acquisition of Ashland’s Performance Adhesives Business

Arkema has closed its previously announced acquisition of Ashland’s Performance Adhesives business for around $1.65 billion in an all-cash transaction. The company signed an agreement to acquire Ashland’s business in August last year. Ashland’s Performance Adhesives business supplies a wide range of adhesives for flexible packaging and pressure-sensitive adhesives for various markets, including decorative labels, … Read more

Celanese to Acquire DuPont’s Engineering Plastics and Elastomers Business for $11 Billion

Celanese has agreed to acquire the bulk of DuPont’s Mobility and Materials unit for $11 billion, combining two of the world’s leading engineering polymers businesses. Included in the transaction are many materials that are used in demanding applications such as automotive and electronics parts. One key material is DuPont’s nylon 6,6 business, which has been … Read more