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Latest News: Business

Celanese and Mitsui exploring methanol-production JV

Celanese Corp. (Irving, Tex.; www.celanese.com) and Mitsui & Co. entered into an exclusive arrangement to explore a joint venture (JV) for methanol production at Celanese’s integrated chemical plant in Bishop, Tex. The potential methanol unit at Bishop is expected to…

Arkema expands acrylic-resin production capacity in Brazil

The Coating Resins business of Arkema (Colombes, France; www.arkema.com) has expanded acrylic resin manufacturing capacity in Araçariguama, Brazil by 60%. The new reactor will enable manufacturing of Arkema’s product chemistries previously unavailable in the region.  With the startup of the…

Molycorp to supply rare-earth metals to Siemens for wind-turbine generators

Siemens AG (Munich, Germany; www.siemens.com) has selected Molycorp Inc. (Greenwood Village, Colo.; www.molycorp.com) to supply rare-earth materials over the next 10 years from its Mountain Pass, Calif. facility for incorporation into Siemens' high-efficiency, direct drive wind turbine generators.  Molycorp will…

Kobe Steel to supply vaporizers for LNG receiving terminal in Malta

  Kobe Steel, Ltd. (Tokyo, Japan; www.kobelco.co.jp) announces that its intermediate fluid LNG vaporizers (IFVs) will be used in the regasification facility for the Delimara LNG Regasification Terminal under construction in Malta. Kobe Steel will supply two IFVs. Each unit…

ThyssenKrupp Indsutrial Solutions awarded contract for paraffin-wax plant in Poland

Plant engineering and construction specialist ThyssenKrupp Industrial Solutions AG (Essen, Germany; www.thyssenkrupp-industrial-solutions.com) has been awarded a contract for the basic engineering package and license for a hard-paraffin production facility in Czechowice-Dziedzice, Poland, located about 80 km south of Katowice. The…

B&W, Magotteaux to market advanced coal and industrial pulverizer solutions

The Babcock & Wilcox Company (B&W; Charlotte, N.C.; www.babcock.com) announced today that its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), and international wear solutions supplier Magotteaux (Vaux-Sous-Chevremont, Belgium; www.magotteaux.com) have formed a strategic alliance to enable B&W…

Japanese consortia to build methanol and dimethyl ether plants in Trinidad and Tobago

Mitsubishi Gas Chemical Company Inc., Mitsubishi Corp. (MC) and Mitsubishi Heavy Industries, Ltd. (MHI; all Tokyo, Japan; (MGC; www.mhi-global.com) have signed an agreement with state-owned National Gas Company of Trinidad and Tobago Ltd. (NGC) and Massy Holdings Ltd. (Massy) for the…

OECD CLI suggests strengthening growth in Europe, ACC says

The composite leading indicator (CLI) for February from the Organization for Economic Cooperation and Development (OECD; Paris; www.oecd.org) suggests “strengthening growth momentum in the Euro area,” according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council…

Messer to construct air-separation unit in Solvenia

Messer Group (Bad Soden/Frankfurt, Germany; www.messergroup.com) is investing €15 million in a modern air-separation unit (ASU) in Škofja Loka, Slovenia, which will also make a contribution to protecting the environment. Ground is to be broken at the start of 2016,…

Shin-Etsu to establish production base for photoresist polymers in Taiwan

Shin-Etsu Chemical Co. (Tokyo, Japan; www.shinetsu.co.jp) will establish a new plant in Taiwan, aiming for the expansion of its photoresists-related business. Presently, Shin-Etsu is applying to the Taiwan authorities for a construction permit, and the construction work will be started…