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…
Huntsman Corp. (The Woodlands, Tex.; www.huntsman.com) and Wilmar International Ltd. have announced that Wilmar’s wholly-owned subsidiary, Wilmar Europe Holdings B.V. has agreed to purchase Huntsman’s European commodity surfactants business. Completion remains subject to customary closing conditions, including regulatory procedures in…
Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed an agreement to sell its polyvinyl chloride (PVC) compound business Benvic Europe to U.S. investment company OpenGate Capital. Benvic Europe mixes PVC and additives, pigments and stabilizers to make innovative plastic compounds, which…
Borealis AG (Vienna, Austria; www.borealisgroup.com) is investing in a capacity increase for the crosslinked polymer XLPE at its Stenungsund plant, serving the wire and cable industries. This investment, which increases overall capacity by 20,000 metric tons per year (m.t./yr), is…
Lanxess AG (Cologne, Germany; www.lanxess.com) inaugurated its new high-tech plastics plant in Porto Feliz, Brazil. The specialty chemicals company has invested around EUR 20 million in the facility, which will initially have a capacity of 20,000 metric tons per year…
Clariant AG (Muttenz, Switzerland; www.clariant.com) has announced a significant investment to expand its plant in Casablanca, Morocco and increase its global footprint with the production of polymers and chemical blends for the African and Middle East mining industry. This…
Praxair, Inc. (Danbury, Conn.; www.praxair.com) has announced the startup of a new air-separation unit (ASU) in Pisco, located in the central region of Peru. The plant’s capacity is 270 tons per day. Under a longterm contract, Praxair will increase its…
Saipem S.p.A. (Milan, Itlay, www.saipem.com) has been awarded an engineering, procurement and construction contract for the expansion of the Versalis plant in Ferrara, Italy, worth approximately €200 million. The plant produces Ethylene Propylene [Diene] Monomer (EP[D]M), a type of rubber.…
The Lubrizol Corporation (Wickliffe, Ohio; www.lubrizol.com) announces the groundbreaking for a new TempRite chlorinated polyvinyl chloride (CPVC) compounding plant in Dahej, India. Construction of this plant is an integral component of the company's previously announced $400 million global expansion of…
Yara International (Oslo, Norway; www.yara.com) will expand its emissions-control business by acquiring a majority 63% stake in Green Tech Marine (GTM), a leading sulfur oxide (SOX) scrubber supplier to the marine industry. Starting Jan. 1, 2015, SOX Emission Control Areas…