BP plc (London; www.bp.com), Nouryon (formerly AkzoNobel Specialty Chemicals) and the Port of Rotterdam have joined forces to explore the opportunity of making ‘green hydrogen’ via water electrolysis for BP’s refinery in Rotterdam, the Netherlands, which has the potential for…
The Saudi Arabian Oil Company (Saudi Aramco; Dhahran; www.saudiaramco.com) and Hyundai Heavy Industries Holdings announced that they have reached an agreement for Saudi Aramco’s subsidiary, Aramco Overseas Company B.V (AOC), to purchase a 17% stake in South Korea's Hyundai Oilbank,…
Merck KGaA (Darmstadt, Germany; www.merck.com) has signed a definitive agreement to acquire Versum Materials, Inc. for $53 per share in cash. The business combination has been unanimously approved by the Executive Board of Merck KGaA, Darmstadt, Germany and by Versum’s…
INEOS Styrolution (Frankfurt, Germany; www.ineos-styrolution.com) is planning to set up a new production site for its StyLight composite product based on styrene acrylonitrile (SAN). The establishment of a new production site reflects growing customer demand for the product. The SAN-based…
Aker Solutions ASA (Lysaker, Norway; www.akersolutions.com) has signed an agreement for delivery of carbon capture and liquefaction units at Twence's waste-to-energy plant in Hengelo in the Netherlands. The solution that will capture Twence's CO2 emissions is called Just Catch, a…
Royal DSM (Heerlen, the Netherlands; www.dsm.com) announced that it will reduce its CO2 emissions at its vitamin production facility in Sisseln, Switzerland, by 50,000 tons/year through a newly opened biomass heat and power plant on the site. The power plant…
Clariant (Muttenz, Switzerland; www.clariant.com) announced the successful startup of its new high-yield OxyMax PA 690 catalyst at Petrowidada’s world-scale phthalic anhydride plant in Gresik, East Java, Indonesia. After an industry-standard ramp-up time to a high ortho-xylene load of 100 grams…
Tronox Holdings plc (Stamford, Conn.; www.tronox.com) announced it has completed its acquisition of the titanium dioxide (TiO2) business of The National Titanium Dioxide Co. (Cristal; Jeddah, Saudi Arabia; www.cristal.com). The FTC issued an Order and Decision today, allowing the transaction…
Dow (Midland, Mich.; www.dow.com) signed an agreement with Petronas Chemicals Glycols, a subsidiary of the petrochemical arm of Petronas and Malaysia’s leading chemicals producer, Petronas Chemicals Group Berhad (www.petronaschemicals.com.my), to collaborate on a carbon project at Petronas world-scale ethylene oxide…
Arkema (Colombes, France; www.arkema.com) has successfully started up the 30% capacity extension of its photocure advanced liquid resin production plant in Nansha, located south of Canton, China. This new production line will help to meet the strong demand in Asia…