Lummus Technology (Houston; www.lummustechnology.com), a global provider of process technologies and value-driven energy solutions, and its catalyst partner Clariant, announced the successful startup and acceptance of Qingdao Jinneng New Material Co.'s 900,000 metric tons per annum CATOFIN propane dehydrogenation…
Plant Watch Solvay completes PVDF capacity expansion in Changshu June 13, 2022 — Solvay S.A. (Brussels, Belgium; www.solvay.com) has significantly increased production capacity for polyvinylidene fluoride (PVDF) at the company’s site in Changshu, China. Solvay has now more than doubled…
Samsung Engineering Co., Ltd.(Seoul, South Korea) has acquired a 24% stake in the Vietnamese water-treatment company DNP (Dong Nai Plastic) Water for about KRW52.7 billion ($41 million). The signing ceremony, was held at the Intercontinental Landmark Hotel in Hanoi, Vietnam,…
Thyssenkrupp Industrial Solutions AG’ (Dortmund, Germany) subsidiary Uhde Inventa-Fischer signed a contract to build a new world-scale polymer plant for Merinos Hali Sanayi Ve Ticaret A.S., Turkey. The plant will use Uhde Inventa-Fischer’s proprietary patented MTR (Melt-to-Resin) technology to produce…
The preliminary value for the CE Plant Cost Index (CEPCI) for April 2022 (most recent available) maintains the upward trajectory of the index that has been observed since late 2020, with the latest value once again higher than the previous…
Despite ongoing supply chain constraints, the U.S. chemical industry expects to deliver solid growth this year as it benefits from inventory rebuilding, steady demand across many end-use industries, and a continued competitive advantage in natural-gas-based chemistries, according to the American…
Plant Watch Petrobras to construct new diesel hydrotreating unit at Replan refinery May 12, 2022 — Petrobras (Rio de Janeiro, Brazil; www.petrobras.com.br) announced that it signed a contract with the Toyo Setal HDT Paulínia Consortium, formed by the companies TSE…
The future of the CPI depends on sound innovation. The guidance provided here will help organizations to shape an effective innovation strategy that can give them a competitive edge You would be hard-pressed to find a company in the chemical…
Specialty chemicals company Lanxess AG (Cologne, Germany) and Advent International (Boston, Mass.), one of the largest and most experienced global private equity investors, are establishing a joint venture (JV) for high-performance engineering polymers. The two companies today signed an agreement…
LG Chem Ltd. (Seoul, South Korea) today announced a joint venture (JV) with Tianjin B&M Science and Technology (B&M), a subsidiary of China’s Zhejiang Huayou Cobalt (Huayou Cobalt) that specializes in cathode materials, a key component in battery manufacturing. LG…