CP Kelco (Atlanta, Ga.; www.cpkelco.com) is expanding its gellan gum production capabilities in the U.S. In response to continued global demand for the product, CP Kelco is making a significant investment to increase capacity at its Okmulgee, Oklahoma, biogums production…
Dow (Midland, Mich.; www.dow.com) announced that it will retrofit proprietary fluidized catalytic dehydrogenation (FCDh) technology into one of its mixed-feed crackers in Plaquemine, Louisiana, to produce on-purpose propylene. The retrofit will enable Dow to continue to meet growing demand for…
TechnipFMC plc (Houston; www.technipfmc.com) announced that its Board of Directors has unanimously approved its plan to separate into two industry-leading, independent, publicly traded companies: RemainCo, a fully-integrated technology and services provider, continuing to drive energy development; and SpinCo, a leading…
Nouryon (Amsterdam, the Netherlands; www.nouryon.com) will double capacity at its surfactants plant in Stenungsund, Sweden to support the growth of several existing products, as well as new sustainable technologies for markets including oil and gas, lubricants and fuels, and asphalt.…
PolyOne Corp. (Cleveland, Ohio; www.polyone.com) announced it has entered into a definitive agreement to sell its Performance Products and Solutions (PP&S) business to SK Capital Partners for $775 million in cash. PolyOne expects to record a pre-tax gain of approximately…
Motiva Enterprises, LLC (Houston; www.motiva.com) and an affiliate of Flint Hills Resources (Wichita, Kan.; www.fhr.com) announced that they have signed an agreement for Motiva to acquire a 100% ownership interest in Flint Hills Resources Port Arthur, LLC. The potential acquisition…
Cemvita Factory Inc. (Houston; www.cemvitafactory.com) and Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corp. (Houston; www.oxy.com), announced that they have reached an investment agreement. OLCV’s investment will advance the development of new bio-engineered pathways that use…
Sumitomo Chemical Co. (Tokyo, Japan; www.sumitomo-chem.co.jp) has signed an agreement with Bharat Petroleum Corporation Limited (BPCL; Mumbai, Maharashtra, India) for licensing its propylene oxide (PO) production technology in connection with the petrochemical project which BPCL is conducting. BPCL is one…
Chevron Lummus Global LLC (CLG), a joint venture between Chevron U.S.A. Inc. (Richmond, Calif.; www.chevron.com) and McDermott, Inc. (Houston; www.mcdermott.com) announced its selection by Compañía Española de Petróleos (CEPSA) to provide licensed technology for its Algeciras Refinery in Spain. CLG…
Sibur's (Moscow; www.sibur.com) Blagoveshchensk site has held a ceremony to celebrate the completed reconstruction of the terephthalic acid production facility, the only one currently in Russia. The attendees included Pavel Sorokin, Deputy Minister of Energy, Radiy Khabirov, Acting Head of the…