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February 25, 2014
Seasonal factors from an unusual winter across the country have likely skewed statistical reporting from government agencies despite attempts to adjust for them. Nonetheless, the pace of economic expansion continues to moderate from the fourth quarter of 2013, according to the American Chemistry Council's (ACC; Washington, D.C.; monthly Chemical Activity Barometer (CAB), released...
February 24, 2014
Kemira Oyj (Helsinki, Finland;  will invest in an expansion of facilities and a new reactor capable of production of multipurpose chemicals at its Telêmaco Borba plant in the state of Paraná in the...
February 21, 2014
Royal Dutch Shell plc (The Hague, the Netherlands; has announced that it has reached a binding agreement to sell its Australia downstream businesses (excluding Aviation) to The Vitol Group (Rotterdam, the Netherlands; for a total transaction value of...$2-6-billion_11547.html
February 21, 2014
NAES Corp. (Issaquah, Wash.;, a provider of industrial services, announced that it has signed a definitive agreement to acquire E3...
February 21, 2014
Toray Industries Inc. (Tokyo, Japan; and Abunayyan Holding (Riyadh, Saudi Arabia) have launched a joint venture (JV) for water- and...
February 21, 2014
Milacron LLC (Cincinnati, Ohio;, a provider of high-precision plastics processing technologies, has announced the acquisition of Kortec, a supplier of co-injection technology solutions to the packaging industry. This combination positions Milacron as a leading provider of fully integrated, turnkey co-injection barrier systems.   Milacron CEO Tom Goeke stated “The addition of...
February 20, 2014
KBR (Houston; says that Eurochem will use KBR’s Purifier technology licensed through Tecnimont S.p.A. (Rome, Italy;, in the design of two new ammonia plants located at...
February 20, 2014
UOP LLC (Des Plaines, Ill.;, a Honeywell (NYSE: HON) company, announced that Ningbo Fortune Petrochemical Co., a Chinese petrochemical producer, has selected UOP’s C3 Oleflex process technology to convert propane to propylene, a high value monomer used in plastics production. This is the 18th...
February 20, 2014
Uhdenora S.p.A. (Milan, Italy; and Befar Group Co. have signed a contract for the construction of an 80,000 metric ton (m.t.) per year caustic soda plant at Binzhou City, Province of Shandong, China. The plant will be the world’s first to be based on the NaCl ODC technology owned by Uhdenora. Uhdenora is a joint venture between ThyssenKrupp Electrolysis GmbH, a 100% subsidiary of...
February 20, 2014
Ineos Technologies (Rolle, Switzerland; and Sinopec YPC have signed an agreement to form a 50/50 joint venture (JV) company to be based in Nanjing, China. The JV, which is to be called INEOS YPC Phenol (Nanjing) Company Ltd is set to build...
February 19, 2014
Sapphire Energy, Inc. (San Diego, Calif.; has commissioned what is being called the world’s first commercial algae-to-biofuels demonstration plant, to be located in New Mexico. Spread out over...
February 18, 2014
Technip (Paris, France; was awarded, by Open Joint Stock Company (OJSC) Kazanorgsintez, a contract to provide technology and services for a grassroots furnace at Kazan, Republic of Tatarstan, Russia.The project consists of...
February 18, 2014
Kaneka Corp. (Osaka, Japan; will establish a new manufacturing facility for acrylic fibers Kanekalon and Kanecaron in the premises of Kaneka (Malaysia) Sdn. Bhd. (Pahang State, Malaysia) with a production capacity of 12,000 metric...
February 18, 2014
Foster Wheeler AG (Zug, Switzerland; has announced that Foster Wheeler USA Corp., a subsidiary of its Global Engineering and Construction Group, has signed a...
February 18, 2014
Styron Europe GmbH (Horgen, Switzerland;, a global materials company and manufacturer of plastics, latex and rubber, has announced that it will be doubling its Solution Styrene Butadiene Rubber (SSBR) production capacity, after reaching...
February 18, 2014
Ashland Inc. (Covington, Ky.; has announced it has signed a definitive agreement to sell Ashland Water Technologies to a fund managed by Clayton, Dubilier & Rice in a transaction valued at approximately $1.8 billion. The transaction is expected to close by September 30, 2014, contingent on...$1-8-bilion_11493.html
February 18, 2014
Air Products (Lehigh Valley, Pa.; has recently signed contracts with more than 20 recycled-copper manufacturers in China to provide its oxy-fuel solution, and about half of them are already onstream and running. The solution helps to improve productivity and material qualities compared to conventional air-fuel technologies, as well as decrease harmful emissions and reduce energy...
February 17, 2014
U.S. exports of chemicals grew 0.4% in 2013, while chemical imports declined by 1.0%, expanding the trade surplus in the U.S. chemical industry to $3.4 billion, according to the American Chemistry Council (ACC; Washington, D.C.; The value of the exports was $189.1 billion in 2013, while the value of the imports was $185.7 billion, the ACC said in its latest Weekly Chemistry and...
February 14, 2014
Ineos Technologies’ (Rolle, Switzerland; Ineos Oxide has expanded its ethylidene norbornene (ENB) plant at its Antwerp facility, increasing its capacity to 28,000 metric...
February 13, 2014
Foster Wheeler AG (Zug, Switzerland; has announced that it has entered into a definitive agreement with AMEC plc (London, U.K.; pursuant to which AMEC will make an offer to acquire all the issued and to be issued share capital of the company. Under the terms of the offer, AMEC...$3-3-billion_11483.html
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