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Latest News: Business

BASF and Petronas to build 2-EH acid production plant in Malaysia

BASF SE (Ludwigshafen, Germany; www.basf.com) and Petronas Chemicals Group Berhad (PCG; Kuantuan, Malaysia; www.petronaschemicals.com) will build a new world-scale production plant for 2-ethylhexanoic acid (2-EH acid) at the site of their existing joint venture, BASF Petronas Chemicals, in Kuantan, Malaysia…

Honeywell to provide control-systems support for Sasol coal-to-liquids plant

Honeywell (Morristown, N.J.; www.honeywell.com) Process Solutions (HPS) has announced a five-year agreement to provide comprehensive services and support for the control systems of what is said to be the world's largest coal-to-liquids (CTL) plant, Sasol's synthetic fuels and chemicals complex…

Mann+Hummel takes full ownership of membrane manufacturer Microdyn-Nadir

Microdyn-Nadir GmbH (Wiesbaden, Germany; www.microdyn-nadir.de), a membrane and module manufacturer, is now a 100% subsidiary of the filtration specialist Mann+Hummel GmbH (Ludwigsburg, Germany; www.mann-hummel.com). Through the acquisition, both companies consequently follow their joint strategy to grow the water filtration business.…

Key patents granted for Reverdia bio-based succinic acid

Reverdia (www.reverdia.com), a joint venture (JV) between Royal DSM N.V. (Heerlen, The Netherlands; www.dsm.com) and starch-derivatives maker Roquette (Lestrem, France; www.roquette.com), has announced that pivotal patents have been granted to DSM in Europe, Japan and Canada for its innovative yeast-based succinic…

AkzoNobel plans coatings capacity expansion in Indonesia

AkzoNobel Performance Coatings (Amsterdam, the Netherlands; www.akzonobel.com) has announced plans to invest €2.5 million to expand its plant in Cikarang, Indonesia. The investment will add capacity to help meet growing demand for the company’s International brand products, which are supplied…

Uhde Inventa-Fischer wins polyamide 6 contract in Poland

Uhde Inventa-Fischer (Domat/Ems, Switzerland; www.uhde-inventa-fischer.com) has been awarded a major contract from the Polish chemical group Grupa Azoty to build a polyamide 6 plant. The multiline plant will be built at the company's headquarters in Tarnow, Poland, and will have…

MHPS receives order for rehabilitation work at geothermal power plant in the Philippines

Mitsubishi Hitachi Power Systems, Ltd. (MHPS; Yokohama, Japan; www.mhps.com) has received an order from Green Core Geothermal, Inc. (GCGI), a group company of Energy Development Corporation (EDC) of the Philippines, the world leader in geothermal power generation capacity, for rehabilitation…

Total U.S. chemical trade up 3.5% in 2014, ACC report says

Total trade in chemicals, including both imports and exports, in the U.S. expanded 3.5% in 2014, to $388 billion, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The 2014 expansion…

Evonik introduces new plasticizer-alcohol ligand technology

Evonik Industries has developed a new ligand that will help to optimize the production of the plasticizer alcohol 2-propyl heptanol (2-PH) much more efficiently at the Marl site. The new ligand is called OxoPhos 64i; ligands are important components of…

Showa Denko to jointly build production site for bulk-molding compounds in China

Showa Denko K.K. (SDK; Tokyo, Japan; www.sdk.co.jp) establish a new production site for thermosetting bulk-molding compounds (BMC) in Zhuhai, Guangdong Province, China, jointly with Eternal Materials Co., Ltd., a synthetic resin manufacturer based in Taiwan. SDK Group aims to strengthen…