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GTC Technology licenses isomerization process technology in China

GTC Technology (Houston; www.gtctech.com) will provide its licensed Isomalk technologies to Shandong Sincier Chemical Group (SSCG) for a new refinery and petrochemicals complex in Dongying, Shandong province, China.  Isomalk-2, a light-naphtha isomerization technology, will be used to produce an isomerate…

PolyOne to establish new innovation center in Shanghai focusing on specialty materials

PolyOne Corp. (Avon Lake, Ohio; www.polyone.com) is establishing a new innovation center in Shanghai, China. The new site will facilitate collaboration, accelerate application development and increase speed-to-market for customers in the Asia Pacific region.   The state-of-the-art facility will be…

Shin-Etsu to construct rare-earth magnet plant in Vietnam

Shin-Etsu Chemical Co. (Tokyo, Japan; www.shinetsu.co.jp) has decided to establish a new rare-earth magnet manufacturing plant in the Vietnam. The manufacturing capacity of the new plant will be 2,000 metric tons per year (m.t./yr) and the investment amount is about…

WorleyParsons signs global agreement with ASD Global

WorleyParsons Ltd. (North Sydney, Australia; www.worleyparsons.com) has signed a general agreement with ASD Global for the use of OptiPlant Pipe Router and Pipe Support Optimizer for all of its projects worldwide. In order to increase engineering efficiency for pre-FEED and…

Chemtura to sell agrochemicals business for $1 billion

Chemtura Corp. (Philadelphia, Pa.; www.chemtura.com)  has announced that it has entered into a definitive agreement to sell its agrochemicals business, Chemtura AgroSolutions, to Platform Specialty Products Corp., a global specialty chemicals company, for approximately $1 billion. The consideration will be…

Sibur subsidiary Polief expands PET capacity

Polief, a subsidiary of Sibur (Moscow; www.sibur.com), has completed its polyethylene terephthalate (PET) production expansion project in Blagoveshchensk, increasing its capacity from 140,000 to 210,000 metric tons per year (m.t./yr).   As part of the production expansion project, Polief has…

Air Products to build new hydrogen plant at Enterprise PDH facility

Air Products ((Lehigh Valley, Pa.; www.airproducts.com) has announced a longterm agreement with Enterprise Products Operating LLC, a wholly-owned subsidiary of Enterprise Products Partners L.P., that will increase hydrogen supply for refinery and petrochemical customers connected to Air Products’ vast Gulf Coast Connection…

WIKA acquires switch provider Ettore Cella

WIKA Alexander Wiegand SE & Co. KG (Klingenberg, Germany; www.wika.com)has acquired Ettore Cella S.p.A. The Italian company specializes in providing pressure and temperature switches for process instrumentation. With the integration of Cella into the group of companies, WIKA sets the…

Shintech applies for permit to build ethylene plant in Louisiana

Shin-Etsu Chemical Co. (Tokyo, Japan; www.shinetsu.co.jp) has announced that their U.S. subsidiary company Shintech Inc. has applied to the State of Louisiana Department of Environment Quality for a permit to build a new plant that will produce ethylene, which is…

Sumitomo acquires stake in CEPSA subsidiary in China

Sumitomo Corp. (Tokyo, Japan; www.sumitomocorp.co.jp) and CEPSA (Madrid, Spain; www.cepsa.com) have entered into an agreement for Sumitomo to acquire 25% of CEPSA’s subsidiary CEPSA Química China, until now 100% owned by CEPSA. Welcoming Sumitomo into the fold of the company's…