Clariant (Muttenz, Switzerland: www.clariant.com), a world leader in specialty chemicals, today acknowledges the investment by chemical industry peer and partner Sabic (Riyahd, Saudia Arabia; www.sabic.com), which has acquired a 24.99% stake in Clariant. The acquisition of these stakes, which were…
Honeywell UOP (Des Plaines, Ill.; www.uop.com) today announced the beginning of production in China of proprietary Honeywell UOP catalysts that are used to convert coal into plastics, helping China to meet its growing demand. Honeywell also inaugurated a new…
Air Products (Lehigh Valley, Pa.; www.airproducts.com) announced the signing of a longterm agreement with Bharat Petroleum Corp. Limited (BPCL) to build, own and operate a new syngas production facility at the BPCL Kochi Refinery in Kochi, India to supply BPCL’s…
KBR, Inc. (Houston; www.kbr.com) announced that it has been awarded a contract from Indorama Eleme Fertilizer & Chemicals Limited (Indorama) and Toyo Engineering Corporation (Toyo) for the Train 2 ammonia plant at Indorama's Port Harcourt site in Nigeria. Under the…
Mexichem S.A.B. de C.V. (Tlalnepantla, Mexico; www.mexichem.com) announced that it has acquired Sylvin Technologies Inc., a niche polyvinyl chloride (PVC) compounds manufacturer based in Denver, Pennsylvania for an enterprise value of $39 million based on a debt free cash free…
Kaneka Corp. (Tokyo, Japan; www.kaneka.co.jp) has announced plans to increase its production capacities of polyethylene (PE) and polypropylene (PP) expanded particle foams (product names: Eperan and Eperan-PP) in Europe at its Kaneka Belgium plant, located in Westerlo. The production expansion…
W. R. Grace & Co. (Columbia, Md.; www.grace.com) has contracted to license its UNIPOL PP (polypropylene) Process Technology to PDH Polska S. A. for a new facility in Police, Poland. With a capacity of 400,000 metric tons per year (m.t./yr),…
Mitsubishi Chemical Corp. (MCC; Tokyo; www.m-chemical.co.jp) started production of styrenic thermoplastic elastomer (TPS) at Mitsubishi Chemical Performance Polymers (Thailand) Co., Ltd., its subsidiary in Thailand in January 2018. “TEFABLOC” is a core brand of MCC’s thermoplastic elastomers. TPS is used…
Wison Engineering Services Co. (Shanghai; www.wison-engineering.com) announced delivery of the first batch of 28 modules (52 in total) as scheduled for the CPM02 Low-Density Polyethylene (LDPE) Pipe Rack Modularization and Erection Project of Formosa Plastics Corp., U.S.A. (FPC) on January…
Emerson (St. Louis, Mo.; www.emerson.com) announced it has acquired ProSys Inc., a global supplier of software and services that increase production and safety for the chemical, oil and gas, pulp and paper, and refining industries. By building intuitive processes for…