Chemical Engineering
MOL Group and Turkish Petroleum to establish strategic hydrocarbons partnership
MOL Group (Budapest, Hungary) signed a Memorandum of Understanding with Turkish Petroleum Corporation (TPAO) in Istanbul to cooperate as strategic partners in the exploration and production of hydrocarbons. The companies agreed to elevate their cooperation to a new level after…
Phillips 66 to sell interest in Switzerland-based joint venture
Phillips 66, Inc. (Houston) announced today that its subsidiary, Phillips 66 Limited, has entered into a definitive agreement to sell its 49 percent non-operated equity interest in Coop Mineraloel AG (CMA) to its Swiss joint venture partner. It will receive…
BASF completes superabsorbent polymers expansion project in Texas
BASF SE (Ludwigshafen Germany) announced that its Petrochemicals division has completed its upgrades for Superabsorbent Polymers (SAP) after a $19.2 million investment into its Freeport, Texas site. The project, which began in 2023, involved the installation of new equipment to…
Air Liquide to supply oxygen to LG Chem for battery plant in Tennessee
Air Liquide S.A. (Paris) will invest around $150 million to expand its production capacity and pipeline network in Tennessee, in the context of a new long-term contract with LG Chem Ltd. (Seoul, South Korea). Supplying oxygen to LG Chem’s future…
Mitsubishi Chemical Group expands production capacity for ion-exchange resins
The Mitsubishi Chemical Group (MCG Group; Tokyo) has decided to increase its production capacity of ion-exchange resins used to produce ultrapure water for use in semiconductor manufacturing processes at Mitsubishi Chemical’s Kyushu-Fukuoka Plant in Kitakyushu City, Fukuoka Prefecture, Japan. The…
Toyo Engineering awarded FEED contract for Braskem-SCG joint ethylene project in Thailand
Toyo Engineering Corp. (Tokyo) has been awarded the front-end engineering design (FEED) contract for an ethanol to ethylene production facility by Braskem Siam Company Ltd. This company is a joint venture between Braskem S.A. (São Paulo, Brazil) and SCG Chemicals…
CB&I awarded contract by Saipem Clough JV for Perdaman Chemicals and Fertilisers project in Western Australia
CB&I (Houston) has been awarded a sizeable lump sum contract by the Saipem Clough joint venture for engineering, procurement and construction (EPC) of ammonia storage and other process tanks for the Perdaman Chemicals and Fertilizers Urea Plant located on the…
Evonik reorganizes Coating & Adhesive Resins and Health Care business units
Evonik Industries AG (Essen, Germany) is reorganizing two business lines to strengthen their growth prospects. Coating & Adhesive Resins and Health Care will focus on and concentrate future investments in their respective core businesses. The remaining businesses outside these cores…
Solvay completes major emissions-reduction project in Wyoming
Solvay S.A. (Brussels, Belgium) announced the official inauguration of its regenerative thermal oxidation (RTO) process at its Green River, Wyoming plant, marking a key milestone in the Group’s global efforts to reduce greenhouse gas emissions and drive sustainable growth. This…
AGC Biologics begins operations at new manufacturing site in Copenhagen
AGC Biologics announced the successful completion of the final milestone at a new manufacturing facility at the company's Copenhagen site. The site received authorization and a license to begin production from the Danish Medicines Agency for the new four-story 19,000…