From the impact of globalization to variable crude oil prices, environmental concerns and changes due to advancing technology, the chemical process industries (CPI) are in a state of flux. Companies based in some regions have experienced impressive growth thanks to…
Emerson (St. Louis, Mo.) announced it has completed the acquisition of the Progea Group, an industry-leading provider of industrial internet of things (IIoT), plant analytics, human machine interface (HMI) and supervisory control and data acquisition (SCADA) technologies. The addition of…
Biobased fuels and chemicals play a critical role in meeting the increasing global demand for more environmentally friendly sources of energy and plastics to make clothing, electronics, packaging, and building materials. To explore the production of these renewable resources, Cargill…
LyondellBasell (Rotterdam, the Netherlands) and Sasol Ltd. (Johannesburg, South Africa) announced they have entered into a definitive agreement to form a 50/50 joint venture (JV) through which LyondellBasell will acquire 50% of Sasol’s 1.5-million-ton ethane cracker, 900,000-ton low and linear-low…
Hydrogen applications are emerging as a low-carbon breakthrough that will transform the power generation market amidst the rapidly changing energy landscape. As a leader in innovative infrastructure solutions, Black & Veatch (B&V; Overland Park, Kan.) announced it has joined the…
Eastman Chemical Co. (Kingsport, Tenn.), the producer of sustainably sourced Naia cellulosic fiber, introduced its new Naiaä Renew portfolio, sourced from 60% wood pulp and 40% recycled waste plastics. Naia Renew cellulosic fiber is traceable with certified biodegradability that captures…
OQ Chemicals (formerly Oxea) has completed a recent expansion project at its Oberhausen, Germany site resulting in a 30% increase in its global production capacity for isononanoic acid. The project completed at the site is part of the previously announced…
Firmenich (Geneva, Switzerland) announced the opening of its new biotechnology and naturals pilot plant and laboratory in Geneva. Benefiting from the latest digital technology, the facility opens a new era for the development of ingredients and clean label solutions by…
On September 30, 2020, BASF SE (Ludwigshafen, Germany) closed the divestiture of its Construction Chemicals business to an affiliate of Lone Star, a global private equity firm. The purchase price on a cash and debt-free basis is €3.17 billion. The…
The Gazpromneft Omsk Oil Refinery (Omsk) in Siberia, Russia has significantly lowered its air emissions using wet-scrubbing technology licensed by DuPont Clean Technologies (DuPont). With an installed capacity of 22.23 million tons of oil per year, the Omsk Oil Refinery…