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Standard Lithium Signs JV Term Sheet With Lanxess

Standard Lithium Ltd. (Vancouver, B.C., Canada; www.standardlithium.com) has signed a term sheet with Lanxess AG (Leverkusen, Germany; www.lanxess.com) for a contemplated JV in the commercial production of battery grade lithium from brine extracted from the Smackover Formation in South Arkansas.…

Evonik commissions new multi-layer coextrusion plant for PMMA flat sheets

Following mechanical completion of the facility, Evonik Industries AG (Essen, Germany; www.evonik.com) has announced the official start-up of its new multi-layer coextrusion plant for polymethyl methacrylate (PMMA) flat films. The first selected customers are now receiving samples. In Weiterstadt, 20…

Lanxess invests in production for ion-exchange resins in Leverkusen

Lanxess AG (Leverkusen, Germany; www.lanxess.com) is investing in its ion exchange resin production facility at the Leverkusen, Germany, site. The company is optimizing its process technology and operating efficiency for a seven-figure-euro amount. The project is scheduled for completion in…

Evonik acquires PeroxyChem for $625 million

Evonik Industries AG (Essen, Germany; www.evonik.com) has signed an agreement with One Equity Partners to acquire PeroxyChem LLC (Philadelphia, Pa.; www.peroxychem.com) for $625 million. PeroxyChem is a manufacturer of hydrogen peroxide (H2O2) and peracetic acid (PAA) and is well positioned…

Praxair to Build New Liquid Hydrogen Plant in La Porte Texas

Praxair, Inc. (Danbury, Conn.; www.praxair.com), a wholly-owned subsidiary of Linde plc has commenced construction of its fifth liquid hydrogen plant in the U.S., adding geographic and source diversification. The new investment in La Porte, Texas, is in response to growing…

World’s Largest Single Modular Ethylene Cracking Furnace successfully shipped

The ninth ethylene cracking furnace for Zhejiang Petrochemical’s 40-million ton/yr Integrated Refining and Petrochemical Complex Project undertaken by Wison Engineering Services Co. Ltd. (Shanghai, China; www.wison.com), who is responsible for modularize design, construction and installation of the project, has been…

MHPS Receives Order for Installation of FGD Systems at Indian Coal-fired Power Plants

Mitsubishi Hitachi Power Systems, Ltd. (MHPS; Yokohama, Japan; www.mhps.com) received an order from India’s public sector utility NTPC Ltd. (earlier known as National Thermal Power Corp.) for additional installations of fluegas desulfurization (FGD) systems in the Mouda-II and Rihand-II&III coal-fired…

Air Products to acquire GE’s gasification business and technology

Air Products (Lehigh Valley, Pa.; www.airproducts.com) has signed an agreement to acquire General Electric Company’s (GE) gasification business. This transaction will allow Air Products to expand its synthesis gas (syngas) solutions product offerings and its presence in build, own and…

Air Products Lu’an Coal Gasification Project in China Fully Onstream

Air Products (Lehigh Valley, Pa.; www.airproducts.com) says its Lu’an coal gasification project, located in Changzhi City, Shanxi Province, China, has come fully onstream to supply syngas and other industrial gases to Shanxi Lu’an Coal-based Clean Energy Co., Ltd.’s (Lu’an Clean…

Praxair signs long-term agreement to supply Huayi’s new chemical material facility

Praxair, Inc. (Danbury, Conn.; www.praxair.com), a wholly-owned subsidiary of Linde, says it will supply oxygen and other industrial gases to Shanghai Huayi, one of the largest chemical companies in China, at its new complex in Qinzhou, China. The complex will…