Hyundai Chemical Company, Ltd. has chosen Univation Technologies’ UNIPOL PE Technology for a 300 kTA high-density polyethylene (HDPE) plant to be located at Hyundai’s site in Daesan, Republic of Korea. Hyundai will utilize a broad range of Univation’s HDPE product
Uzbekistan to Build a New Petrochemical Plant based on MTO Technology
The Uzbekistan Energy Ministry and a group of investors including Uzbekneftegaz, Uzkimyosanoat, Air Products & Chemicals Inc. and Enter Engineering announced on 16th of May that they have signed a Project Development Agreement (PDA) to build a new petrochemical plant based
GAIL India to Invest $1.2 Billion to Build Polypropylene complex
GAIL (India) approved the revival of the existing LPG plant in Usar, Maharashtra and converting it into polypropylene (PP) complex. The planned capacity of the PP complex is 500,000 metric tonnes per annum and will be built with an estimated investment
Lotte Chemical Inaugurates Ethane Cracker in US
Lotte Chemical Corp said on Thursday that it expects that its U.S. ethane cracker will start commercial operations in Louisiana in May. The U.S. ethane cracker from Lotte Chemical is a joint venture with Axiall Corp, now merged with Westlake Corp.
DIC Acquires Mid-Tier Coating Resins Manufacturer in India
DIC Corporation announced that it has acquired mid-tier Indian resins manufacturer Ideal Chemi Plast Pvt. Ltd on April. 27, 2019. The details on the transaction were not disclosed. Ideal Chemi Plast produces and sells acrylic, alkyd, polyester and other resins
Clariant-Wuxi Xiyuan to Provide Formaldehyde Tech to Chinese Cos
Clariant today announced that it will be collaborating with its engineering partner, Wuxi Xiyuan, in two new projects to supply their joint formaldehyde production technology. The new contracts, awarded by Shandong Yushiju Chemical and Shandong Sunny Wealth New Materials, will
Arkema to Build World-Scale Biosourced Polyamide Production Plant in Singapore
Arkema to build its new world-scale plant dedicated to the manufacture of the amino 11 monomer and its flagship Rilsan polyamide 11 resins at the Jurong Island in Singapore. With this 50% increase in its global capacities announced in July
Indorama Achieves Mechanical Completion of Louisiana Cracker
Indorama Ventures Public Company Limited announced on Friday that its indirect subsidiary Indorama Ventures Olefins LLC has achieved mechanical completion of its ethane cracker and is undergoing trial runs. Located at Westlake, LA, USA, Indorama Ventures Olefins LLC (IVOL) is
Trinseo to Acquire Latex Binders Assets in Germany
Trinseo announced on Thursday that it has signed a definitive agreement with The Dow Chemical Company to acquire latex production facilities and related infrastructure at Rheinmunster, Germany. The transaction is expected to close in the second half of 2019, following
Linde Starts New ASU at Samsung’s Display Complex, South Korea
Linde announced on Thursday that it has started up a new air separation unit to supply 700 tons-per-day of gaseous nitrogen to support Samsung in Tangjeong, South Korea. This is the company’s fourth air separation plant at the facility. Linde’s
AmSty, Agilyx Form Regenyx PS Recycling Joint Venture
AmSty and Agilyx announce they have formed a joint venture, Regenyx LLC, to recycle post-consumer polystyrene materials back to new polystyrene products. Regenyx will utilize Agilyx’s chemical recycling process to convert used polystyrene products back to their original liquid form,
Alliance Mineral Assets of Australia Forms Lithium Hydroxide JV with Jiangte
West Australian lithium miner Alliance Mineral Assets signed a memorandum of understanding with Jiangxi Special Electric Motor Co. Ltd (Jiangte) to form a joint venture which would produce and sell the battery grade lithium hydroxide. Under the MoU, the parties
Air Liquide Expands Supply Agreement with LyondellBasell
Air Liquide announced today that it has expanded its utilities supply agreement with LyondellBasell for its new propylene oxide (PO) and tertiary butyl alcohol (TBA) project in the Houston area. This agreement comes in addition to the long-term contract already
BP, Socar to Start Construction of PTA, PX Project in Turkey
Socar and BP announced the construction of a new petrochemical complex for the production of aromatics and PTA (purified terephthalic acid) in Aliagha, Izmir, Turkey. The construction of the project is scheduled to start in 2020 and is planned to
Haldia Petrochem to Invest $9 billion to Set Up 12 MTPA Refinery in South India
Haldia Petrochemicals (HPL), one of the largest refiner in India, is planning to invest Rs 62,714 crore ($9 billion) in setting up a 12 Million Tonne Per Annum (MTPA) refinery-cum-petrochemical complex near Kakinada, in the state of Andhra Pradesh. The
Verus Completes Sale of VanDeMark Chemical Inc
Verus Investment Partners, a leading private equity investment firm, announced today that it has sold its portfolio company VanDeMark Chemical Inc., Lockport, NY. There was no disclosure of financial terms. VanDeMark, an independent manufacturer of phosgene and phosgene derivatives, offers
Saudi Aramco to Acquire Shell out of Sasref Refinery for $631 Million
Saudi Aramco announced on Sunday it will buy Royal Dutch Shell’s 50% interest in the SASREF refinery in Jubail Industrial City, Saudi Arabia, for $631 million. The sale is expected to complete later this year, subject to regulatory approval. According
Celanese Plans to Expand Methanol Production at Clear Lake Facility
Celanese Corporation announced today its plans to significantly expand methanol production capacity at the company’s Clear Lake acetyl intermediates manufacturing facility located in Pasadena, Texas. Celanese has recently been granted approvals from the Fairway Methanol LLC board of directors for
Nouryon Completes Organic Peroxides Expansion in India
Nouryon has completed a €4 million ($4.5 m) expansion at Mahad, India which will increase organic peroxides production capacity at the site by 80 percent. The increased capacity will support growing customer demand in India and the Middle East for
Deepak Fertilizers Starts-up New Nitric Acid Production Complex in India
Deepak Fertilizers announced the start of commercial output of nitric acid at its production complex at Dahej, Gujarat. The new facility, with project cost of approximately $79 million, has production capacity of around 92,000 tonne per annum for concentrated nitric