Braskem S.A. (Sao Paulo, Brazil; www.braskem.com.br) has announced the execution of an agreement with Grupo Solvay for the acquisition of 70.59% of the total and voting capital of Solvay Indupa S.A.I.C. The transaction price is $290 million. The consummation of…
Tolyattikauchuk, a subsidiary of Sibur (Moscow; www.sibur.com), has commissioned a third butyl rubber separation line, expanding its production capacity from 48,000 metric tons per year (m.t./yr) to 53,000 m.t./yr. The new line is part of an investment project to upgrade…
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) has announced that it was awarded a contract by Midwest Fertilizer to provide program management services for a nitrogen-based fertilizer plant in Posey County, Ind. Officials did not disclose the contract value, but estimate…
KBR (Houston; www.kbr.com) announced today that its leading ammonia process technology has been selected by Midwest Fertilizer Corp. for its new fertilizer manufacturing plant in Mt. Vernon, Indiana. The 2,200 metric ton per day ammonia capacity plant will utilize KBR’s…
Technip (Paris, France; www.technip.com) was awarded by CNOOC Oil & Petrochemicals Company Ltd. a contract to supply its proprietary ethylene technology and process design package for a grassroots 1-million ton/yr ethylene plant in Huizhou, Guangdong Province, People’s Republic of China.…
BASF SE (Ludwigshafen, Germany; www.basf.com) and Renmatix Inc. (Philadelphia, Pa.; www.renmatix.com) will jointly scale up the Renmatix Plantrose process for the production of industrial sugars based on lignocellulosic biomass. The two companies signed a non-exclusive joint development agreement. The parties…
Air Products (Lehigh Valley, Pa.; www.airproducts.com) has signed a long-term agreement for the production of liquid CO2 with Southwest Iowa Renewable Energy, LLC (SIRE). Air Products will build a facility to produce 400 ton/d of liquid CO2 at SIRE’s established…
Clariant (Muttenz, Switzerland; www.clariant.com) has announced the intention to acquire Plastichemix Industries, a masterbatch business in India, located in Vadodara with production facilities in Rania, Kalol and Nandesari in Gujarat, India. Plastichemix Industries is a supplier of black, white, filler…
Sika AG (Baar, Switzerland; www.sika.com) has agreed to acquire LCS Optiroc Pte Ltd. in Singapore and LCS Optiroc SDN. BHD in Malaysia. Both acquired companies are manufacturers of cementitious powder products. Founded by Kim Hong Lim and Choong Fee Chong,…
BASF SE (Ludwigshafen, Germany; www.basf.com) will build a compounding plant for engineering plastics Ultramid (polyamide) and Ultradur (polybutylene terephthalate, PBT) compounds in Yesan, Chung Nam Province, Korea. The new plant is expected to begin construction by first half of 2014…