Shell Cansolv (Montreal, Canada; www.cansolv.com) and Technip (Paris, France; www.technip.com) have signed an agreement to leverage their respective expertise in marketing an end-to-end solution for Carbon Capture and Sequestration (CCS) projects. The agreement enables both Technip and Shell Cansolv to…
Biesterfeld France Produits SpeÌciaux EURL (Rueil-Malmaison near Paris, France), the French subsidiary of Biesterfeld Spezialchemie GmbH (Hamburg, Germany; www.biesterfeld-spezialchemie.com), has acquired the French company SMPC Production located in St. Ouen l‘Aumone with effect from April, 2013. Name and headquarters of…
Economic reports from this week showed mostly positive developments, but concerns remain over a potential debt-ceiling crisis and high oil prices, according to the most recent Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com).…
The Dow Chemical Company’s (Midland, Mich, www.dow.com) Unipol Polypropylene (PP) Process Technology from Union Carbide Chemicals & Plastics Technology LLC (a wholly owned Subsidiary of Dow) will be licensed by Qinghai Provincial Mining Co., Ltd., (Qinghai Mining) at a new…
Alpek, S.A.B. de C.V. (San Pedro Garza García, Mexico; www.alpek.com) has signed a joint venture (JV) agreement with United Petrochemical Company for the construction of an integrated purified terephthalic acid (PTA) and polyethylene terephthalate (PET) plant in Ufa, Bashkortostan, Russia.…
The U.S. economy continues to improve, with forecasts now suggesting economic expansion into 2015, according to the American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) monthly Chemical Activity Barometer (CAB), released today. The CAB is a leading economic indicator, shown to…
Safic-Alcan Groupe (Puteaux, France; www.safic-alcan.com), an international distribution group of chemical specialties, announces today it has acquired Laserson, a French chemical distributor. With this acquisition, Safic-Alcan has further enhanced its market position in the distribution of cosmetic specialty ingredients. Based…
The Global Chemical Production Regional Index (Global CPRI) slipped 0.1% in August, the first decline since a soft patch last November, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The U.S. CPRI also edged down, by 0.3% in…
SNC-Lavalin Inc. (Montreal, Quebec, Canada; www.snclavalin.com) says that Phase II of the Emirates Aluminum Smelter Complex (EMAL II) project in Abu Dhabi has achieved first hot metal nearly three months ahead of schedule. SNC-Lavalin has been contracted to provide engineering,…
BASF SE (Ludwigshafen, Germany; www.basf.com)says that its U.S. affiliate, BASF Corp., has entered into an agreement to commence a cash tender offer for all of the outstanding shares of common stock of the biotechnology company Verenium Corp. (San Diego, Calif.)…