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PolyOne acquires Spain-based masterbatch provider IQAP

PolyOne Corp. (Cleveland, Ohio; www.polyone.com) announced the acquisition of IQAP Masterbatch Group S.L., a privately owned provider of specialty colorants and additives based in Spain with customers throughout Europe.  Founded in 1979 by Xavier Rovira, IQAP has built a technical…

Jacobs selected by Borealis for propane dehydrogenation FEED study

Jacobs Engineering Group Inc. (Dallas, Tex.; www.jacobs.com) has been awarded a contract to complete a front-end engineering design (FEED) study for a propane dehydrogenation (PDH) plant located at the existing Borealis production site in Kallo, Belgium. The contract award follows…

Celanese announces startup of polyacetal plant in Saudi Arabia

Celanese Corp. (Dallas, Tex.; www.celanese.com) announced that the Ibn Sina joint venture successfully started up its polyacetal manufacturing facility in Jubail Industrial City, Saudi Arabia, which has a production capacity of 50,000 metric tons per year (m.t./yr). Celanese has confirmed…

Synthomer divests Leuna production site to Alberdingk Boley

Synthomer (London, U.K.; www.synthomer.com) announced that it has sold its Leuna site in Germany to Alberdingk Boley Gmbh for an undisclosed price. The site will continue to manufacture products for Synthomer for an initial period prior to transferring the manufacture…

Mitsubishi Heavy Industries licenses carbon capture technology to Russian chemical producer Metafrax

Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo; www.mhi.com) has concluded an agreement to license technology for its fluegas carbon dioxide (CO2) capture plant to PJSC Metafrax, a major Russian chemical company. Metafrax will use recovered CO2 to produce ammonia, urea, and…

Samsung Engineering wins contract for Sabic EO/EG plant

Samsung Engineering Co. (Seoul, South Korea; www.samsungengineering.com) announced that it received a contract from a manufacturing affiliate of Saudi Basic Industries Corp. (SABIC), Jubail United Petrochemical Company (JUPC), for a $ 700-million ethylene oxide–ethylene glycol (EO/EG) plant in Saudi Arabia,…

Chevron Phillips’ Cedar Bayou ethane cracker reaches mechanical completion

Chevron Phillips Chemical Co. LP (The Woodlands, Tex.; www.cpchem.com) announced that its world-scale ethane cracker at Cedar Bayou in Baytown, Texas successfully achieved the major milestone of mechanical completion. The unit is now undergoing a series of rigorous commissioning activities,…

Umicore to acquire metathesis catalysts business from Materia

Umicore N.V. (Brussels, Belgium; www.umicore.com) has reached an agreement to acquire Materia´s metathesis catalyst IP and business portfolio for a price of $27 million. Materia is a leading U.S.-based producer of metathesis catalysts and thermoset resins. Its metathesis business is…

Formosa Plastics to increase PVC production in Baton Rouge

Formosa Plastics Corp., USA (Livingston, N.J.; www.fpcusa.com) will expand its production of polyvinyl chloride (PVC) resin at its facility in Baton Rouge, Louisiana. The production expansion will increase annual production capacity by 300 million pounds and is expected to start…

Mitsubishi Heavy Industries installs carbon-capture unit at Nippon Ekitan carbonic acid facility

Mitsubishi Heavy Industries, Ltd. (MHI; Tokyo; www.mhi.com) has completed installation of a carbon dioxide (CO2) capture unit at Nippon Ekitan Corp.'s Mizushima Plant in Kurashiki, Okayama Prefecture. The new unit offers a recovery capacity of 283 metric tons per day…