Chevron Phillips Chemical Company LLC and Qatar Petroleum announced they have signed an agreement to jointly pursue development of a new petrochemical plant in the Gulf Coast region of the United States. The U.S. Gulf Coast II Petrochemical Project (USGC
Saudi Aramco, Baker Hughes sign MOU for Non-metallic Materials Facility in Saudi Arabia
Saudi Aramco and Baker Hughes, a GE company (BHGE) signed a memorandum of understanding on July 2nd to create a new joint venture facility in Saudi Arabia to manufacture non-metallic materials which will be used in a variety of areas
Synthomer to Acquire Omnova in $824 Million Deal
Synthomer Plc said on Wednesday it has agreed to buy Omnova Solutions Inc for an enterprise value of $824 million in a bid to strengthen its global position. London-based Synthomer is offering Beachwood, Ohio-headquartered Omnova $10.15 for each share, a
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
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
LyondellBasell, Neste Announce Commercial-scale Production of Bio-based Plastic from Renewables
LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, and Neste, the world’s largest producer of renewable diesel from waste and residues, announced the first parallel production of bio-based polypropylene and bio-based low-density polyethylene at a
Sibur, BASF Collaborate to Develop Polymer Technology
BASF and SIBUR are collaborating to develop innovative polymer solutions at SIBUR’s PolyLab Research and Development Center in Moscow. The signing ceremony of the Memorandum of Cooperation took place on May 30th at SIBUR’s newly inaugurated state-of-the-art PolyLab at the
Repsol Joins Styrenics Circular Solutions
Repsol, one of the largest energy companies, present in the entire value chain covering a wide range of petrochemicals’ production that includes styrene monomer, becomes a member of SCS. Repsol joins the four founding members of SCS (Styrenics Circular Solutions),
Elkem Silicones Expands Local Offering of Basic Silicones
Elkem Silicones, the world’s second largest silicone siloxane capacity producer, announces it has expanded its local product offering to include upstream basic silicones to meet the growing demands of the North American marketplace. These basic silicone materials, including cyclosiloxanes D4
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
Lion Elastomers Acquires Firestone Polymers Production Site
Lion Elastomers, LLC announced on Monday the execution of a purchase agreement for an Orange, Texas production site owned and operated by Firestone Polymers, LLC, a wholly owned subsidiary of Bridgestone Corporation. The plant manufactures polybutadiene and styrene-butadiene copolymers, produced
Polyscope Polymers Acquires Global SMA Business from Total
Polyscope Polymers B.V. has completed the business integration of the global styrene maleic anhydride (SMA®) copolymers business from Cray Valley S.A., Cray Valley HSC Asia Ltd, Cray Valley (Guangzhou) Chemical Co. Ltd. and Total Petrochemicals & Refining USA, Inc. Cray
INEOS to Invest $2 Billion in New Manufacturing Plants in Saudi Arabia
INEOS has signed a Memorandum of Understanding with Saudi Aramco and Total, France, to build three new plants as part of the Jubail 2 complex in The Kingdom of Saudi Arabia. A new state-of-the-art 425,000 tonne acrylonitrile plant, will use
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
Perstorp’s Non-phthalate Plasticizer for Food-contact PVC Obtains FDA Approval
Perstorp has obtained FCN 001967 (Food Contact Notification) from the US FDA for the use of Pevalen as a plasticiser in PVC polymers for use in repeated‐use food contact articles. Jenny Klevås, Product Manager, Perstorp, said: “The food contact notification
Eastman to expand Resin and Polymer Production
Eastman Chemical Company announced investments in expanding its capabilities for the production of hydrogenated and non-hydrogenated hydrocarbon resins at both its Middelburg, The Netherlands, and Jefferson, Pennsylvania, manufacturing sites. Additional investments will also be made in the production of polyolefin
Hyundai Chemical Licenses Unipol for HDPE Plant in Daesan
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
Borealis Inaugurates Polypropylene (PP) Compounding Plant in US
Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers, announced the start of its new polypropylene (PP) compounding plant in Taylorsville, US. The 50,000 sq. ft. facility, with rail siding in place, adds
Indorama Launches Recycled PET Business Branded DEJA
Indorama Ventures Public Company Limited (IVL), a global chemical producer, launched new 100% rPET (recycled PET) brand DEJA as part of its continuous commitment to deliver responsible and sustainable growth. DEJA, 100% rPET products are derived by recycling 140 kilo
India’s SRF Sells Engineering Plastics Business to DSM for $45 million
Chemicals manufacturer SRF Ltd has signed an agreement to sell its engineering plastics business to DSM’s Indian subsidiary DSM Pvt Ltd for $45 million. Subject to the relevant conditions, the deal is expected to close in six months, SRF said