PETRONAS Chemicals Group Berhad (PCG; Kuala Lumpur, Malaysia) recently entered into a Shares Sale and Purchase Agreement (SSPA) with PCC SE to acquire 50% of the latter’s shares in its Malaysian subsidiary, PCC Oxyalkylates Malaysia Sdn Bhd (PCC-OM), marking its…
Altana AG (Wesel, Germany) is acquiring the business of TLS Technik GmbH & Co. Spezialpulver KG, an internationally leading manufacturer of metal powders for 3D printing, and thus strategically expanding its Eckart division. “By acquiring the TLS business, we are…
Dow (Midland, Mich.) announced that it has entered into a definitive agreement to divest certain U.S. Gulf Coast marine and terminal operations and assets to Vopak Industrial Infrastructure Americas, a joint venture of Royal Vopak and BlackRock's Global Energy &…
Loop Industries (Montreal, Canada) and SUEZ (Paris, France) have announced plans to build the first Infinite Loop recycling facility in Europe. Based on enhanced recycling, the partnership will combine the resource management expertise of SUEZ and Loop’s unique breakthrough technology…
Braskem America (Philadelphia, Pa) announced the successful launch of commercial production at its newest polypropylene production line located in La Porte, Texas. Braskem's new line has a production capacity of over 450,000 metric tons per year (m.t./yr; or 1 billion…
Fluor Corp. (Irving, Tex.) announced that its joint venture with Daewoo Engineering & Construction and Hyundai Heavy Industries, FDH JV, has successfully started up two boilers and they began generating steam in the new Al-Zour Refinery at the Kuwait Integrated…
Honeywell announced Zhenhua Petrochemical Co. Ltd will use Honeywell UOP’s C3 Oleflex technology for propane dehydrogenation to process 1 million metric tons per year (m.t./yr) of polymer-grade propylene for a proposed plant in Dongying City, Shandong Province, China. Honeywell UOP will provide…
Hemlock Semiconductor Operations (HSC) announced its acquisition of a DuPont business that makes trichlorosilane (TCS), the primary raw material used in producing the ultra-pure polysilicon HSC supplies to the semiconductor and solar industries. By acquiring the TCS operations in Midland,…
BASF New Business GmbH (BNB), a wholly owned subsidiary of BASF SE (Ludwigshafen, Germany), and the leading Korean power-to-gas (P2G) system company G-Philos have signed a memorandum of understanding (MoU) to cooperate in P2G projects globally. Up to 2022, BNB…
In order to accommodate higher production volumes of acrylic acid and the associated superabsorbent polymers (SAPs), LG Chem plans to build additional acrylic acid purification units to increase the capacity of its complex in Yeosu, South Korea, to 160,000 tons…