Mobile Navigation

Latest News: Business

Member Exclusive

Solvay to build large-scale alkoxylation facility in Texas  

Solvay S.A. (Brussels, Belgium; www.solvay.com) says it will build and operate a large-scale alkoxylation unit in Pasadena, Texas, at an integrated industrial facility of LyondellBasell's Equistar Chemicals affiliate, in order to serve a growing North American market. Equistar will supply…

Sibur launches new film production facility in Tomsk

Sibur Holding’s (Moscow, www.sibur.com) subsidiary Biaxplen has launched a new production facility of biaxially oriented polypropylene (BOPP) films in Tomsk. The opening ceremony was attended by Sergey Zhvachkin, Governor of the Tomsk region, Leonid Mikhelson, Chairman of SIBUR Holding’s Board…

AEA Investors to acquire Siemens Water Technologies

AEA Investors LP (www.aeainvestors.com) has signed an agreement to acquire the municipal, industrial and services water- and wastewater-treatment operations and assets of Siemens Water Technologies (Alpharetta, Ga.; www.water.siemens.com), a part of Siemens Industry Sector, for EUR 640 million. The transaction is…

TPC Group expands polyisobutylene capacity

TPC Group (Houston; www.tpcgrp.com), a provider of C4-based products and services, announced the progress of its comprehensive expansion program to increase polyisobutylene capacity. In early 2013 TPC embarked on an expansion effort to both debottleneck existing capacity and build additional…

Asahi Glass to acquire interest in Vietnamese PVC producer

Ashai Glass Co., Ltd. (AGC; Tokyo, www.agc.com) has reached an agreement with Petronas Chemicals Group Berhad (Kuala Lumpur; www.petronaschemicals.com) under which AGC will acquire a 78% equity stake in Vietnamese polyvinyl chloride (PVC) company, Phu My Plastics & Chemicals Co.,…

Chevron Phillips completes expansion study for normal alpha olefin plant in Baytown, Tex.

Chevron Phillips Chemical Company LP (The Woodlands, Tex.; www.cpchem.com) announced the completion of its study to expand normal alpha olefin (NAO) capacity at its Cedar Bayou plant in Baytown, Texas and receipt of approval to proceed with detailed engineering, design…

CSB commends NFPA for comprehensive fuel-gas-safety standard

The U.S. Chemical Safety Board (CSB; Washington, D.C.; www.csb.gov) has announced that the National Fire Protection Association (NFPA) exceeded the CSB's recommended actions following the February 7, 2010, deadly natural-gas explosion at the Kleen Energy electric plant — then under…

Innospec expands presence in oilfield chemicals with acquisition of Bachman Services

Innospec Inc. (Littleton, Colo.; www.innospec.com) announced that it has acquired Bachman Services Inc. and its affiliated companies from its private owners. Bachman is a leader in chemicals and services for the oil and gas industry, based in Oklahoma City, Okla.…

Jacobs to acquire interest in Guimar Engenharia in Brazil

Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) announced that it has acquired an interest in Guimar Engenharia, a privately held company that provides engineering services and project and construction management based in Rio de Janeiro, Brazil. Company officials did not…

Metso to provide automation for Asia’s largest biomass power plant

Metso Corp. (Helsinki; www.metso.com) has been chosen by GS Engineering & Construction Co., Ltd. (GS E&C), of Seoul, to supply automation for the Dangjin 4 Biomass Power Plant, currently under construction in Dangjin City, about 70 km southwest of Seoul…