Celanese Corp. (Dallas, Tex.; www.celanese.com) has signed a Letter of Intent (LOI) with Chengzhi Shareholding Co., Ltd., to further the development of acetic acid-based ethanol as a clean energy source in China. From 2014 to 2017, Celanese operated a 275,000…
Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) and Socar Polymer (Baku, Azerbaijian; www.socarpolymer.az) officially opened the new polypropylene plant inside the petrochemical complex of Sumgayit, 30 km north of Baku, in Azerbaijan. Fabrizio Di Amato, Maire Tecnimont Chairman and majority shareholder,…
Praxair, Inc. (Danbury, Conn.; www.praxair.com) announced it has signed a long-term agreement to supply oxygen to U.S. Methanol LLC’s new facility in Institute, West Virginia. The customer’s facility will produce methanol for use in the production of plastics, varnishes, medicines,…
Compañía Española de Petróleos S.A.U. (Cepsa; Madrid, Spain; www.cepsa.com) and Global Energy Private Limited (GPGEPL), part of UAE-based global conglomerate GP Global, have announced an exclusive partnership to manufacture and market Cepsa branded marine and power generation lubricants in India.…
BASF SE (Ludwigshafen, Germany; www.basf.com) is expanding its cooperation with Materialise, a leading supplier of 3D printing technologies. At the same time, BASF has agreed to invest $25 million in the Belgian company, which is headquartered in Leuven. The two…
The preliminary value for the May 2018 CE Plant Cost Index (CEPCI; most recent available) once again increased substantially compared to the previous month’s value, continuing a string of monthly increases since the beginning of 2018. The rise seems to…
Covestro (Leverkusen, Germany; www.covestro.com) intends to significantly expand its global film production to meet the growing demand in all regions. In particular, capacity expansions are planned at Map Ta Phut, Thailand, Guangzhou, China, South Deerfield, USA, and Dormagen, Germany. The…
Borealis Group AG (Vienne, Austria; www.borealisgroup.com) has signed an agreement for the acquisition of 100% of the shares in Ecoplast Kunststoffrecycling GmbH, an Austrian plastics recycler. This transaction is subject to regulatory approvals. Based in Wildon, Austria, Ecoplast processes around…
Wood plc (Aberdeen, Scotland; www.woodplc.com) is pleased to announce the creation of the role of Chief Technology Officer (CTO) with the appointment of Darren Martin. As part of the broader strategy to differentiate Wood’s capabilities across energy and industrial markets,…
Praxair, Inc. (Danbury, Conn.; www.praxair.com) has renewed and expanded a longterm contract to supply hydrogen to Marathon Petroleum Corporation’s Galveston Bay Refinery in Texas City, Texas. Marathon Petroleum is the second largest transportation fuels refiner in the U.S. and operates…