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Latest News: Business

Cabot and Risun open new carbon black plant in China

Cabot Corporation (Boston, Mass.; www.cabot-corp.com) and joint venture partner Risun Group announced the completion and commissioning of their new carbon black manufacturing facility in Xingtai, Hebei Province, China.  Cabot and Risun invested approximately $140 million in the new facility, with…

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Teijin Frontier to establish new company in Myanmar  

Teijin Frontier Co. (www2.teijin-frontier.com) — the Teijin Group's (Tokyo, Japan; www.teijin.com) fiber-products converting company — announced today that it will establish Teijin Frontier Myanmar Co., Ltd. in Yangon, Myanmar, on October 1 to strengthen Teijin Frontier’s overseas operations and also…

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Outotec-Hatch to deliver a technology license for a potential alumina refinery in the UAE  

Outotec Oyj (Espoo, Finland; www.outotec.com) and Hatch Ltd. (Mississauga, Ont., Canada; www.hatch.ca), as an unincorporated joint venture, have been awarded a contract by Mubadala and Dubai Aluminium (DUBAL) for the provision of a technology license as well as the basic…

Arkema to construct production plant for refrigerant gas

Arkema (Colombes, France; www.arkema.com) has announced that it is moving forward with the construction of a production plant for low-global-warming-potential (LGWP) refrigerant gas, 1234yf. The plant’s anticipated start-up is in 2016. The 1234yf refrigerant gas will serve the future needs…

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Clariant certifies cellulosic-ethanol plant  

Clariant (Muttenz, Switzerland; www.clariant.com) has received the International Sustainability & Carbon Certification (ISCC) for its sunliquid demonstration plant in Straubing, Germany, which was opened in July 2012. The certificate confirms that the cellulosic ethanol from agricultural residues produced with the…

A. Schulman acquires thermoplastics manufacturer Perrite for $52 million

A. Schulman, Inc. (Akron, Ohio; www.aschulman.com) has announced the signing of a definitive agreement to acquire The Perrite Group, a thermoplastics manufacturing business with operations in Malaysia, the U.K. and France, for approximately $52 million. The acquisition is expected to…

Innospec acquires Chemsil Silicones and ChemTec, deepens personal care profile

Innospec Inc. (Littleton, Colo.; www.innospecinc.com) has announced that it has acquired Chemsil Silicones Inc. and the Chemtec Chemical Co., from its private owners. Chemsil develops and markets silicone-based formulations to the personal care industry. Chemtec, which distributes a wide range…

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Haldor Topsøe licensing technology to Azerbaijan’s first ammonia-urea complex  

The State Oil Company of Azerbaijan (SOCAR) has decided to build the country’s first combined ammonia-urea complex 30 km north of Azerbaijan’s capital Baku. The plant is going to play a very important role for the economy of Azerbaijan in…

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Solvay and Sadara JV begins construction of H2O2 plant in Saudi Arabia  

Saudi Hydrogen Peroxide Co., a newly created joint venture (JV) between Sadara Chemical Co. (Sadara; Jubail Industrial City; Saudi Arabia) and the Solvay Group (Brussels, Belgium; www.solvay.com), announced today that they have begun constructing one of the world's largest hydrogen…

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Outotec to supply technology for upgrading Cu smelter in Utah  

Outotec Oyj (Espoo, Finland; www.outotec.com) will supply the latest flash-smelting technology improvements to the upgrade of Rio Tinto's Kennecott Utah copper smelter in the U.S. The contract value is approximately €14 million and will be booked in Outotec's third quarter…