Unioil Petroleum Phils., Inc. (Manila, Philippines), one of the largest petroleum players in the Philippines, has announced a pair of major strategic investments from Aramco (Dhahran, Saudi Arabia) and Repsol S.A. (Madrid, Spain) supporting continued growth within The Philippines and…
Innospec Inc. (Englewood, Colo.) announced that it is expanding production capacity for its proprietary Drag Reducing Agent (DRA) technologies at its plant in Pleasanton, TX. Innospec’s DRAs provide multiple benefits to pipeline operators including increased throughput, lower operating costs and…
Toray Industries, Inc. (Tokyo) announced that it has opened the Toray Taiwan Technical Center. The new facility will reinforce R&D in advanced semiconductor technologies and materials and provide technical services in the Taiwan market, which is becoming increasingly important in…
With the mechanical completion of new production lines at the Map Ta Phut Industrial Park in Thailand, Covestro AG (Leverkusen, Germany) has further increased its global capacity for polycarbonate (PC) specialty films. The investment is in the higher double-digit million…
Abu Dhabi National Oil Company (ADNOC) P.J.S.C. and OMV AG (Vienna, Austria) have agreed to terms of a binding Framework Agreement regarding the proposed combination of shareholdings in joint venture Borouge plc and Borealis Group AG (Vienna, Austria). ADNOC has…
Honeywell International, Inc. announced that it has agreed to acquire Sundyne (Arvada, Colo.) from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction. This represents approximately 14.5x 2024 EBITDA on a tax-adjusted basis. Sundyne is a leader…
Idemitsu Kosan Co.,Ltd. (Tokyo) has decided to construct a large-scale production facility for lithium-sulfide (Li2S), a material used in all-solid-state lithium-ion rechargeable batteries. The company will expand production capacity of lithium sulfide, an important intermediate raw material for solid electrolytes,…
LyondellBasell Industries N.V. (LYB; Rotterdam, the Netherlands) announced an investment to expand propylene production capacity at its Channelview Complex near Houston. Groundbreaking and construction are expected to begin in the third quarter of 2025, with a projected startup in late 2028.…
Advanced technologies help pharmaceutical and semiconductor producers achieve excellence Chemical processors are under increased pressure to achieve operational excellence, which involves a balance of increasing yield, improving quality and reducing waste, while also cutting operational costs. Processors in high-purity industries…
Absorption and stripping are important mass-transfer operations within the chemical process industries (CPI). This one-page reference provides some basic information on the principles and applications of stripping and absorption in industrial chemistry settings. General operation In absorption, a solute from…