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2018 CEPCI updates: Sept. (prelim.) and August (final)

The preliminary value for the September 2018 CE Plant Cost Index (CEPCI; most recent available) increased  compared to the previous month’s value, continuing an upward trend that has been in place throughout 2018. The final August numbers were revised upwardly…

Oxiteno marks opening of new alkoxylation plant in Texas

Oxiteno (São Paulo, Brazil; www.oxiteno.com), a leader in the manufacture of surfactants and specialty chemicals, celebrated the official opening of its first alkoxylation plant in Pasadena, Texas, on November 14th. This unit, planned to support mainly U.S. customers, has annual…

5 ways to Optimize Production of Polymers and Intermediate Petrochemicals

Polymer production and manufacturing the intermediate petrochemical products that constitute them, can be challenging due to the presence of hazardous, viscous, or corrosive chemical streams. These chemicals can be hard to manage, and tough on your equipment. Using the correct…

NIR-based technique provides a simpler way to measure moisture

This company has developed an approach to moisture measurement that uses Near-Infrared (NIR) light, which can deliver immediate, laboratory-quality moisture readings. Traditional laboratory and online moisture-measurement techniques — while capable of providing comprehensive results — lack the simplicity and flexibility…

Versalis launches oilfield chemicals JV in Abu Dhabi

Versalis (San Donato Milanese, Italy; www.versalis.eni.com), Petrochem (a Mazrui Energy Services Company), a leading manufacturer of drilling fluids, and Mazrui Energy Services (a Mazrui International Company), a leading service company in the Oil & Gas industry in the Middle East,…

Invista licenses PTA process technology to Honggang Petrochemical

INVISTA’s (Wichita, Kan.; www.invista.com) technology and licensing group, INVISTA Performance Technologies (IPT), and Jiangsu Honggang Petrochemical Co., Ltd. (Honggang) have reached agreement for the licensing of INVISTA’s latest purified terephthalic acid (PTA) process technology. This is the first time that…

Ineos to acquire Ashland’s composites business for $1.1 billion

INEOS Enterprises (London; www.ineos.com) has agreed to acquire the entire composites business from Ashland Global Holdings Inc. (Covington, Ky.; www.ashland.com) for $1.1 billion. The businesses included in the transaction have combined sales of more than $1.1 billion per year. They…

Air Liquide Engineering & Construction selected as technology provider for Pertamina refinery upgrade

Air Liquide Engineering & Construction (www.engineering-airliquide.com) has been selected as a technology licensor by Pertamina, the state-owned National Oil & Gas Company of Indonesia, engaged in the oil, gas and renewable energy sectors. Air Liquide Engineering & Construction will provide…

Maire Tecnimont awarded design contract for ExxonMobil petrochemicals project

Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) announced that its subsidiary Tecnimont S.p.A., through its affiliate Tecnimont USA Inc., in consortium with Performance Contractors Inc., has been awarded a reimbursable contract by Exxon Mobil Corp. (Irving, Tex.; www.exxonmobil.com) for the initial…

Air Products and Sonatrach sign industrial gas agreements in Algeria

Air Products (Lehigh Valley, Pa.; www.airproducts.com) and Sonatrach, the largest state-owned oil and gas company in Africa, have signed two gas production and delivery agreements. Conducted through both companies’ joint venture (JV), HELIOS, the deals have a combined value of…