Teijin Ltd. (Tokyo; www.teijin.co.jp) announced today that it will enter the high-performance polyethylene (HP-PE) market by establishing its first production facility in Emmen, the Netherlands, aiming to start commercial production in the second half of 2011. Teijin plans to grow…
Bayer MaterialScience (BMS; Leverkusen, Germany; www.bayerbms.com) is driving forward the modernization of its production sites to make them more environmentally friendly. The conversion of a large chemical plant in Dormagen means the company is now able to virtually eliminate the…
Solvay S.A. (Brussels, Belgium; www.solvay.com) will invest in converting the mercury-based electrolysis into better performing and technologically more advanced membrane-based electrolysis in its Tavaux plant, France. This conversion will reduce the consumption of electrical energy of the electrolysis by 25%…
Chevron Corp. (San Ramon, Cakif.; www.chevron.com) and Atlas Energy, Inc. (Philadelphia, Pa.; www.atlasenergyresources.com) announced today that Chevron would acquire Atlas Energy for cash of $3.2 billion and assumed pro forma net debt of approximately $1.1 billion. The acquisition will provide…
Celanese Corp. (Dallas, Tex.; www.celanese.com) plans to construct manufacturing facilities in China and the U.S. to utilize recently-developed advanced technology for the production of ethanol for chemical applications and other industrial uses. Celanese’s innovative process technology builds on the company’s…
Lanxess AG (Leverkusen, Germany; www.lanxess.com) has agreed to acquire two businesses from Flexsys, a division of Solutia Inc. (St. Louis, Missouri) to strengthen the portfolio of its Rubber Chemicals business unit. Lanxess will acquire the primary accelerator business as well…
Turkey is currently undergoing very dynamic development; the Turkish economy saw growth of more than 10% in the first half of 2010. High technology and energy sectors have seen accelerated growth for a number of years. In this context, Air…
Joint Venture Panama (JVP), a joint venture led (70%) by SNC-Lavalin (Montreal, Canada; www.snclavalin.com), along with partners GyM S.A. (a member of Graña y Montero Group) (15%) and Techint International Construction Corp. (15%), is pleased to announce that it has…
Total S.A. (Paris, France; www.total.com) and the Chinese energy group China Power Investment Corp. (CPI) announced their intention to build a coal-based petrochemical plant in China. The two companies signed a letter of understanding (LOU) today in Paris during the…
SNC-Lavalin Inc. (Montreal, Canada; www.snclavalin.com) has been awarded an engineering, procurement and construction (EPC) contract by Jordan Phosphate Mines Co. (JPMC) to upgrade and increase the capacity of two sulfuric acid plants in Aqaba, Jordan. SNC-Lavalin’s revenues from the project…