An intelligent approach to developing the scope of retrofit projects can allow facilities to remain competitive in the marketplace and meet regulatory requirements Timely and well executed retrofit projects are critical for most facilities in the chemical process industries (CPI)…
PJSC Tatneft (Almetyevsk, Republic of Tatarstan, Russia) and Kazakhstan’s national oil and gas corporation, KazMunayGas, have signed a corporate agreement on the operation of the Butadien LLP joint venture for the project implementation for the production of butadiene rubbers. The…
Lanxess AG (Cologne, Germany) announced that it will build a second compounding line for Durethan- and Pocan-branded high-tech engineering plastics at its manufacturing site in Changzhou, China. An investment of around €30 million will increase the capacity in Changzhou by…
Cabot Corp. (Boston, Ma.) entered into an agreement to sell its Purification Solutions business to One Equity Partners, a middle market private equity firm, in a transaction valued at $111 million, subject to certain debt-like and other closing adjustments. Cabot’s…
Westlake Chemical Corp. (Houston) announced that it has entered into a definitive agreement with Hexion Holdings Corp. (Columbus, Ohio) to acquire Hexion's global epoxy business for approximately $1.2 billion. Based in Rotterdam, The Netherlands, Hexion’s epoxy business is an industry…
Johnson Matthey plc (JM; London) announced the sale of its Advanced Glass Technologies (AGT) business, a leading global provider of specialist glass enamels and precious metal pastes supplied mainly to the automotive sector. AGT is part of Value Businesses in…
Daramic, an Asahi Kasei Group company, and the world's leading manufacturer and supplier of lead-acid battery separators for automotive, industrial and specialty applications, continues to expand its operations in India by doubling its production capacity at its manufacturing plant in…
Sika AG (Baar, Switzerland) has further expanded its production capacity in the rapidly growing Chinese construction market by opening a new mortar production facility in Jiaxing City, in the province of Zhejiang in Eastern China. The commissioning of the new…
KBR, Inc. (Houston) announced that it has been awarded a three-year contract by Dyno Nobel to provide digital plant performance monitoring and advisory services for its ammonia plant in Waggaman, Louisiana. Under the terms of the contract, KBR will provide…
Toray Industries, Inc. (Tokyo, Japan) announced that U.S. subsidiary Zoltek Companies, Inc. will bolster its large-tow carbon fiber (with more than 40,000 filaments) production capacity in 2023. The upgrade will cost around $130 million (around ¥14 billion). A Zoltek facility…