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Sabic announces expansion plans in Singapore and the Netherlands

The Saudi Basic Industries Corp. (SABIC; Riyadh; www.sabic.com) has announced projects in Asia and the Netherlands designed to increase global capacity for two of its high-performance engineering thermoplastic materials, ULTEM and NORYL resins. To increase capacity for ULTEM resins, a…

Mol Group selects Chevron Lummus Global for strategy study

Chevron Lummus Global LLC (CLG; www.chevronlummus.com), a joint venture between Chevron U.S.A. Inc. and CB&I announced it has been selected for a Master Plan Study by MOL Group (Budapest, Hungary; www.molgroup.info/en/). The study will assist MOL in its longterm strategy…

Neste appoints new CEO

Neste Corp.'s (Espoo, Finland; www.neste.com) Board of Directors has appointed Peter Vanacker President and CEO of Neste as of 1 November 2018. He will join Neste on 1 September 2018 as a Senior Executive and start familiarizing himself with Neste's…

KBR awarded contract to build new polycarbonate plant in China

KBR, Inc. (Houston; www.kbr.com) says it has been awarded both a license and engineering (LBED) and a proprietary equipment supply contract by Cangzhou Dahua New Materials Co., Ltd. (CDNM) to build a new polycarbonate plant in Cangzhou City, China. Under…

Sasol completes wax-plant expansion project

Sasol Ltd. (Johannesburg, South Africa; www.sasol.co.za) inaugurated the full completion of its FT Wax Expansion Project (FTWEP). Phase 2 began beneficial operation in March 2017, while phase 1 was commissioned in 2015. The total project investment was around R13.6 billion…

Songwon begins production of phenolic antioxidant product in India

Songwon Industrial Ltd. (Ulsan, South Korea; www.songwon.com) has started to manufacture the product Songnox 5650, a high-molecular-weight, multifunctional phenolic antioxidant primarily used as a post-polymerization process stabilizer for unsaturated elastomers, at its Panoli plant in Gujarat, India. The Panoli site…

Samsung-CB&I joint venture wins EPC contract for ADNOC refinery upgrade

The Abu Dhabi National Oil Company (ADNOC; www.adnoc.com) announced a $3.1-billion project to introduce crude processing flexibility, at the Ruwais oil refinery. Known as the Crude Flexibility Project (CFP), the announcement is another significant step forward as ADNOC accelerates delivery…

PolyOne to begin production of thermoplastic elastomers at Pune site

PolyOne Corp. (Cleveland, Ohio; www.polyone.com) announced it expects to begin production of thermoplastic elastomers (TPEs) this summer at its existing facility in Pune, India. PolyOne currently produces color and additive concentrates and engineered polymer solutions at the Pune facility. Adding…

Outotec to deliver iron-ore pelletizing plants in China

Outotec Oyj (Espoo, Finland; www.outotec.com) has agreed on the design and delivery of two iron ore pelletizing plants for Shougang Jingtang United Iron & Steel Co. Ltd. in Caofeidian, China. The contract, valued at over €40 million, has been booked…

ExxonMobil starts commissioning Baytown’s new ethane cracker

Exxon Mobil Corp. (Irving, Tex.; www.exxonmobil.com) announced that a new 1.5 million ton-per-year ethane cracker at its Baytown, Texas complex is mechanically complete with commissioning progressing well. Project startup is expected during the second quarter of 2018. The new ethane…