W. R. Grace & Co. (Columbia, Md.; www.grace.com) has contracted to license its UNIPOL PP Process Technology to Hanwha Total Petrochemical Co., Ltd. for a new polypropylene (PP) production facility in Daesan, South Korea. With a capacity of 400,000 metric…
Loop Industries, Inc. (Montreal, Quebec, Canada; www.loopindustries.com), a technology innovator in sustainably produced plastic, and thyssenkrupp Industrial Solutions (Essen, Germany; www.thyssenkrupp-industrial-solutions.com) division, Uhde Inventa-Fischer GmbH, a global polyester technology provider and polyester plant engineering firm, announced a strategic alliance expected to…
Atlas Copco AB (Stockholm, Sweden; www.atlascopcogroup.com) has acquired Industrie Pumpen Vertriebs GmbH (IPV). The company is a distributor of industrial pumps for the Varisco brand. IPV is based in Dresden, Germany. The company had revenues of approximately €5 million in…
Silicon Valley-based Xage Security announced an investment from Saudi Aramco Energy Ventures (Dhahran, Saudi Arabia; www.saev.com), a subsidiary of integrated energy and chemicals company Saudi Aramco. Xage also welcomes Norman Thorlakson to its leadership team as SVP of Sales and…
Tata Chemicals Ltd. (TCL; Mumbai, India; www.tatachemicals.com) signed a memorandum of understanding (MoU) with C-MET, an autonomous scientific society under the Ministry of Electronics & Information Technology (MeitY) of the Government of India to develop collaborative technology for the recovery…
Indorama Ventures Public Company Limited (IVL; Bangkok, Thailand; www.indoramaventures.com) announced the commencement of commercial production of purified isophthalic acid (PIA) plant at Indorama Ventures Xylenes & PTA, LLC, located at Decatur, Alabama, USA The Decatur PIA plants complement IVL’s existing…
Saudi International Petrochemical Company (Sipchem; Al Khobar, Saudi Arabia; www.sipchem.com) is pleased to announce that the ethylene vinyl acetate (EVA) Film Plant, owned by Saudi Specialized Products Company (SSPC), an affiliate of Sipchem, commenced commercial operations on January 1, 2019.…
PolyOne Corp. (Cleveland, Ohio; www.polyone.com) announced the acquisition of Fiber-Line (Hatfield, Pa.; www.fiber-line.com), a global leader in customized engineered fibers and composite materials for $120 million. Founded in 1987, Fiber-Line has utilized its customer-centric culture and specialty innovation to establish…
Indorama Ventures Public Company Limited (IVL; Bangkok, Thailand; www.indoramaventures.com) has entered into an agreement to acquire a polyethylene terephthalate (PET) recycling facility from Custom Polymers PET in Alabama, U.S. The facility consists of two production lines; Recycled Polyethylene Terephthalate (rPET)…
Eni S.p.A. (Rome, Italy; www.eni.com) announced that Syndial, Eni’s environmental services company, has begun operating at its pilot plant at the Gela refinery in Sicily, Italy. The plant transforms Organic Fraction of Municipal Solid Waste (OFMSW) by recycling it into bio-oil, which…