Latest News: Business
CB&I announces first U.S. CDAlky award
CB&I (The Woodlands, Tex; www.cbi.com) has been awarded a contract by a major North American petroleum refiner for the technology license and engineering design of a new alkylation process unit to be located on the U.S. Gulf Coast. The unit…
LyondellBasell selects Houston-area site as location for new HDPE plant
LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) has selected its La Porte, Tex., manufacturing complex as the site for a new High Density Polyethylene (HDPE) Plant. The plant will be the first commercial plant to employ LyondellBasell's new proprietary Hyperzone PE technology…
3M to sell protective films business to Pregis
3M (St. Paul, Minn.; www.3m.com) has entered into an agreement to sell the assets of its temporary protective films business to Pregis LLC. 3M’s temporary protective films business is a provider of adhesive-backed temporary protective films used in a broad…
Air Liquide finalizes divestiture of select U.S. assets to Matheson Tri-Gas
Air Liquide (Paris, France; www.airliquide.com) has completed the divestiture of certain U.S. assets to Matheson Tri-Gas, Inc. (www.mathesongas.com) first announced on June 24, 2016, and cleared by the U.S. Federal Trade Commission (FTC) in a decision published on September 1, 2016. This…
Sabic to divest Polymershapes business
SABIC (Riyadh, Saudi Arabia; www.sabic.com) has entered into a share purchase agreement to divest its Polymershapes distribution business to Blackfriars Corp., a privately-held investment company. The transaction remains subject to customary closing conditions and is expected to be completed during…
Fluor completes work on BASF Petronas citral production site in Malaysia
Fluor Corp. (Irving, Tex.; www.fluor.com) has achieved mechanical completion on a citral facility and associated infrastructure for BASF Petronas Chemicals in Kuantan, Malaysia. As part of the Integrated Aroma Ingredients Complex, Fluor performed front-end engineering and design, engineering, procurement and…
BASF expands global production capacity of Ultrason
BASF SE (Ludwigshafen, Germany; www.basf.com) will set up an additional production line for Ultrason polyarylsulfone at its site in Yeosu, Korea. The new line will start up at the end of 2017, adding a production capacity of 6,000 metric tons…
Tesoro to acquire Virent
Tesoro Corp. (San Antonio, Tex; www.tsocorp.com) has agreed to acquire Virent, Inc. (Madison, Wisc. ; www.virent.com), an innovative renewable fuels and chemicals company, to support Virent's success in bringing biofuels technology to commercial scale. Tesoro's renewable fuels strategy is to…
Solvay starts up hydrogen peroxide plant in China
Solvay SA (Brussels, Belgium; www.solvay.com) has started hydrogen peroxide production at its new plant in Zhenjiang, China. This plant has a capacity of 60,000 metric tons per year (m.t./yr) and will meet the growing local customer demand for high quality…
Zachry acquires Clean Harbors’ Catalyst Services business
Zachry Group (San Antonio, Tex.; www.zachrygroup.com) has acquired Catalyst Services from Clean Harbors, the leading provider of environmental, energy and industrial services throughout North America. Catalyst Services is an international industry leader in catalyst change-out services, with a particular expertise…