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Latest News: Business

Sener signs contract for the world’s largest solar complex

  Following a contract won in Morocco worth more than 500 million euros, the technology and engineering group Sener (Madrid, Spain; www.sener-group.com) is beginning construction of thermosolar plants Noor II and Noor III. Together with Noor I, they comprise the…

U.S. chemical production flat in April, specialties down, ACC report says

The U.S. Chemical Production Regional Index (U.S. CPRI) was flat in April, following upwardly revised flat growth in March and a 0.2% gain in February, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC;…

ITT expands testing facilities for natural-gas vehicle components

ITT Corp. (White Plains, N.Y.; www.itt.com) announced that it is expanding its manufacturing operations in Westminster, S.C., by investing approximately $1 million to build a new test facility. The investment is part of a total of $2.5 million that the…

DSM forms polyphenylene sulfide JV in China

Royal DSM (Heerlen, the Netherlands; www.dsm.com) and Zhejiang NHU Co., who specializes in the production of food additives, feed additives, polymers and materials, announce the formation of a new joint venture (JV) company for the market development and manufacturing of…

Perstorp begins production at new oxo plant in Sweden

Perstorp Holding AB (Malmö, Sweden; www.perstorp.com) officially opened a major extension to its capacity to produce PVC plasticizers and key chemical intermediates. The new state-of-the-art oxo plant in Stenungsund, Sweden, began producing material soon after its start-up in January, and…

Celanese appoints presidents for acetyls and materials divisions

Celanese Corp. (Irving, Tex.; www.celanese.com) announced the appointment of Pat Quarles as executive vice president and president, Acetyl Chain and Integrated Supply Chain, and Scott Sutton as executive vice president and president, Materials Solutions, effective June 1, 2015. Both executives…

Grace-Chevron JV to build catalyst plant in Lake Charles

W.R. Grace & Co. (Columbia, Md.; www.grace.com) announced that Advanced Refining Technologies (ART), the company’s joint venture (JV) with Chevron Products Co., will invest approximately $135 million to build a residue hydroprocessing catalyst plant and additional alumina capacity at the…

Royal DSM and Ascend form alliance for polyamide 66 supply

Royal DSM (Heerlen, the Netherlands; www.dsm.com) and Ascend Performance Materials Inc. have announced that they have formed a global strategic alliance for the supply of compounds based on polyamide 66 (PA66). Under the agreement, Ascend becomes the strategic supplier to…

Evonik doubles methacrylic anhydride capacity in Germany

Evonik Industries AG (Essen, Germany; www.evonik.com) has doubled its production capacities for Visiomer MAAH (methacrylic anhydride) at its site in Worms, Germany. Visiomer MAAH is an important building block in the production of specialty methacrylates, which are used in concrete additives,…

Aveva signs multiyear contract with Aker Solutions

Aveva (Cambridge, U.K.; www.aveva.com) has entered a multiyear agreement with Aker Solutions ASA (Fornebu, Norway; www.akersolutions.com) for Aveva Everything3D (AVEVA E3D).  The Norwegian oil-service company has selected Aveva E3D to be its strategic 3D tool on plant design, modification and…