Business & Economics
Lonza selects Nansha for new vitamin B3 plant
Lonza Group Ltd. (Basel, Switzerland; www.lonzagroup.com) has selected Nansha, its leading high-tech life-science site in China, as location for its new vitamin B3 manufacturing site. The investment, which was approved by the board of directors of Lonza Group Ltd, will help…
Buhler & Sigma-Aldrich ink nanoparticles agreement
The Buhler Group (Uzwil, Switzerland; www.buhlergroup.com) and Sigma-Aldrich (www.sigma-aldrich.com) have signed an agreement in which research volumes of nanoparticle dispersions from Buhler will be sold worldwide exclusively by Sigma-Aldrich. These products are dispersions of nanoscale inorganic particles in water and organic…
Thai Paraxylene to license ExxonMobil’s PxMax technology
ExxonMobil Chemical Technology Licensing LLC (EMCTL) and ExxonMobil Catalyst Technologies LLC (EMCT; www.exxonmobilchemical.com) today announced that Suphon Tubtimcharoon, managing director of Thai Paraxylene Company Ltd. (TPX; www.thaioil.co.th/product/petrochemical_en.php), and Gary T. Schmidt, vice president of EMCTL and President of EMCT, signed…
First Meteor EO/EG process facility starts up in China
Sinopec-SABIC (Tianjin) Petrochemical Co., Ltd (SSTPC), a joint venture between Sinopec and SABIC, relies on Meteor (Most Effective Technology for Ethylene Oxide Reaction) Process from The Dow Chemical Co. (Dow; Midland, Mich.; www.dow.com) to produce ethylene oxide (EO) / ethylene…
Outotec Kaldo furnace technology for Boliden
Outotec Oyj (Espoo, Finland; www.outotec.com) has signed a contract with Boliden AB (Stockholm, Sweden; www.boliden.com) for the delivery of Kaldo furnace technology to Boliden’s Rönnskär copper smelter in Sweden. The delivery will be a part of Boliden’s electronic-scrap recycling facility…
Celanese acquires LCP and PCT product lines from DuPont Performance Polymers
Celanese Corp. (Dallas, Tex.; www.celanese.com) today announced that its Advanced Engineered Materials business has completed a transaction to acquire two product lines, DuPont Zenite liquid crystal polymer (LCP) and Thermx polycyclohexylene-dimethylene terephthalate (PCT), from DuPont Performance Polymers. “This acquisition will…
Lanxess and TSRC to create rubber JV in China
Lanxess AG (Leverkusen, Germany; www.lanxess.com) and TSRC Corp. (Taipei, Taiwan www.tsrc.com.tw) will enter into a 50:50 joint venture (JV) in Greater China called Lanxess-TSRC (Nantong) Chemical Industrial Company Ltd. The two companies are jointly investing $50 million in a new plant…
Chemical stock index down 7.6% last week, ACC report says
Concern over the economic crisis in Greece continued to widen and drag stocks down in the U.S. and elsewhere. The S&P 500 Index fell 6.5% last week, while the American Chemistry Council’s (ACC) market capitalization of U.S. basic and specialty…
Topsøe signs contract with Pemex
Pemex Refinacion (Pemex-Refining; Mexico; www.ref.pemex.com) and Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com) have signed a contract, which includes the modernization of eight existing diesel hydrotreaters and licensing of one new diesel hydrotreater at the Pemex Tula and Salamanca Refineries in…
DuPont Tate & Lyle Bio Products expanding Bio-PDO production
DuPont Tate & Lyle Bio Products, LLC (Loudon, Tenn), a joint venture between DuPont (www.dupont.com) and Tate & Lyle (www.tateandlyle.com), today announced an expansion to their facility here to increase production of bio-based 1,3 propanediol (Bio-PDO) by 35%. Construction is…