Air Liquide (Paris, France; www.airliquide.com) announced the acquisition of a key Malaysian industrial gas player, Southern Industrial Gases Sdn Bhd. This acquisition doubles Air Liquide’s Packaged Gases filling capacity in Malaysia. It is expected to deliver significant synergies by enlarging…
Kraton Corp. (Houston; www.kraton.com) announced that it has agreed to sell its Cariflex polyisoprene business unit to Daelim Industrial Co., Ltd. (Seoul, South Korea; www.daelim.co.kr/) for a purchase price of $530 million. The transaction is expected to close in the…
Alpek S.A.B. de C.V. (San Pedro Garza Garcia, Mexico; www.alpek.com) announced that one of its subsidiaries has signed an agreement with Lotte Chemical Corp. (Seoul, South Korea; www.lottechem.com) to acquire a100% stake in Lotte Chemical U.K. Ltd., which owns and…
Dow (Midland, Mich.; www.dow.com) and Evonik Industries AG (www.evonik.com) have entered into an exclusive technology partnership. Together, they plan to bring a unique method for directly synthesizing propylene glycol (PG) from propylene and hydrogen peroxide to market maturity. The basis…
Understanding how advanced process-control tools, such as edge computing, fit in with an overall digitalization strategy will help manufacturers to see sizable operational and financial performance improvements Today, many companies in the chemical process industries (CPI) are moving toward a…
Linde plc (Guildford, U.K.; www.linde.com) announced that it started up two plants to supply oxygen and nitrogen to Taixing Jinyan Chemical Technology Co., Ltd. (Taixing Jinyan) to support the production of ethylene oxide. The plants, with total combined production capacity…
TechnipFMC (Houston; www.technipfmc.com) announced that it has signed its first Eipcerol Technology License Agreement with Meghmani Finechem Ltd. (MFL) in India. The plant will produce 50,000 metric tons per year (m.t./yr) of epichlorohydrin from glycerin, a renewable feedstock derived from…
ExRobotics B.V. (https://exrobotics.global), a Netherlands-based developer of robotics technology for hazardous environments, and Yokogawa Electric Corp. (Tokyo; www.yokogawa.com) announced the signing of a licensing agreement that will enable Yokogawa to sell and deploy ExRobotics' inspection robot hardware and software platforms…
Phillips 66 (Houston; www.phillips66.com) announced that it is expanding its Sweeny Hub in Texas with the addition of three fractionators, each with capacity of 150,000 barrels per day (bbl/d). Fracs 2 and 3 are anticipated to start up in the…
BP plc (London; www.bp.com) has developed an enhanced recycling technology, BP Infinia, that enables currently unrecyclable polyethylene terephthalate (PET) plastic waste to be diverted from landfill or incineration and instead transformed back into new, virgin-quality feedstocks. BP plans to construct…