On the eve of the 10th anniversary of BASF-YPC, BASF and Sinopec have signed a Memorandum of Understanding to jointly explore the further expansion of their integrated petrochemical joint venture, BASF-YPC Co. The new projects under consideration will extend the…
BASF SE (Ludwigshafen, Germany; www.basf.com) plans to expand its existing superabsorbent polymer production capacities at its Antwerp, Belgium and Freeport, U.S. sites. Gradual debottlenecking and technical expansion measures are to raise annual capacity by 70,000 metric tons (m.t.) to a…
Stamicarbon B.V. (Sittard, the Netherlands; www.stamicarbon.com), the licensing and IP Center of Maire Tecnimont S.p.A. (www.mairetecnimont.it), has signed a license agreement with Inner Mongolia Bodashidi Co., Ltd. in the Peoples’ Republic of China for a urea plant with a capacity…
At yesterday’s meeting in Vienna, the Borealis (www.borealisgroup.com) supervisory board approved a €17-million investment to upgrade one of its polyethylene (PE) plants in Porvoo, Finland. The project includes a new ethylene compressor as well as an upgrade of the monomer…
Bechtel Corp. (San Francisco, Calif.; www.bechtel.com) will provide design and project management support services for the first commercial nuclear power plant in the Middle East. The plant will be one of four that a consortium headed by the Korean Electric…
The Dow Chemical Company (Midland, Mich.; www.dow.com) plans to build a propylene glycol (PG) plant in Map Ta Phut, Thailand, with a production capacity of up to 150,000 ton/yr. The new PG facility will utilize propylene oxide (PO) derived from…
Foster Wheeler AG, (Zug, Switzerland,; www.fwc.com) announced today that its Global Engineering and Construction Group has acquired the CEntry Sulfur Recovery proprietary technology from FLSmidth & Co.. The acquisition includes patents, know-how and skilled personnel. The terms of the transaction…
Fluor Corp. (Irving, Tex.; www.fluor.com) has signed a memorandum of understanding (MoU) with Sibur (Moscow; www.sibur.ru), Russia’s leading petrochemical company, for the establishment of a joint venture with the Scientific Research and Design Institute for Gas Processing (NIPIgaspererabotka) in Krasnodar,…
Lanxess AG (Leverkusen, Germany; www.lanxess.com) and Dutch company Royal DSM N.V. (Heerlen, the Netherlands; www.dsm.com) have reached an agreement in principle involving the sale of DSM Elastomers to Lanxess for €310 million on a cash and debt-free basis. DSM Elastomers…
Solvay S.A. (Brussels, Belgium; www.solvay.com) is studying the construction of an epichlorohydrin production plant in Taixing, China, with an initial capacity of 100,000 ton/yr. The plant, which is expected to start producing in 2013, will be based on Solvay's innovative…