Mobile Navigation

Latest News: Business

DuPont to merge packaging and performance polymers businesses

DuPont (Wilmington, Del.; www.dupont.com) announced the consolidation of its DuPont Packaging & Industrial Polymers business with its DuPont Performance Polymers business, as well as the consolidation of the DuPont Protection Technologies business with the DuPont Building Innovations business.  Both consolidations…

Williams moves forward on Alberta propane-dehydrogenation facility

The Williams Companies, Inc. (co.williams.com; Tulsa, Okla.;) announced that it is proceeding to the next phase of development with its planned propane-dehydrogenation (PDH) facility located near Edmonton, Alberta, Canada. The plant will have a capacity of 525,000 metric tons per…

Evonik to increase PEEK production capacity in China

Due to increasing global demand for high-performance polymers Evonik’s (Essen, Germany; www.evonik.com) Resource Efficiency Segment is significantly expanding its production capacity for polyetheretherketone (PEEK) at the Changchun (China) site. In addition, the innovation pipeline is being continually expanded with new…

Lanxess to expand production capacity for membrane elements at Bitterfeld, Germany site

Lanxess AG (Cologne, Germany; www.lanxess.com) has announced plans for a capacity expansion for the production of membrane elements. The Lewabrane product range comprises membrane elements for brackish water and seawater treatment that boast a long service life, a good permeate…

Shell announces downstream divestments in France and China

Royal Dutch Shell plc (The Hague, the Netherlands; www.shell.com) announced the completion of two divestments from its global downstream portfolio. In France, the company has completed the sale of its Butagaz LPG business to DCC Energy for €464 million. The…

GE Power & Water and Alstom Power combine to form GE Power

GE (Fairfield, Conn.; www.ge.com) announced that with the completion of its Alstom acquisition, GE Power & Water and Alstom Power have combined to form GE Power. Headquartered in Schenectady, N.Y., Steve Bolze, will serve as president and CEO of GE…

BASF completes divestiture of global PHK business to Imerys

BASF SE (Ludwigshafen, Germany; www.basf.com) has closed the previously announced transaction to divest its global paper hydrous kaolin (PHK) business to Imerys, a producer of mineral-based specialty solutions for industry, based in Paris, France. Under a tolling agreement of limited…

Air Liquide E&C Solutions announces successful startup of Evonik butadiene unit

Air Liquide’s (Paris, France; www.airliquide.com) engineering and construction activity entity, Air Liquide Global E&C Solutions has announced the successful startup of a world-scale butadiene extraction unit at Evonik’s facility in Antwerp, Belgium, and further strengthens its leading market position in…

Global CPRI rises to end third quarter, ACC report says

The American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Global Chemical Production Regional Index (Global CPRI) ended the third quarter by rising 0.3% on a three-month-moving-average basis. The Global CPRI data are discussed in the ACC’s latest Weekly Chemistry and Economic…

DuPont opens cellulosic ethanol facility in Iowa

DuPont (Wilmington, Del.; www.dupont.com) celebrated the opening of its cellulosic biofuel facility in Nevada, Iowa, with a ceremony including Iowa Gov. Terry Brandstad and many other dignitaries. This biorefinery is the world’s largest cellulosic ethanol plant, with the capacity to…