Evonik Industries AG (Essen, Germany; www.evonik.com) is to acquire 3M’s high-concentrates additive compounding business, and the corresponding agreement has been signed. The specialty chemicals group is further expanding its capabilities in the highly profitable business with specialty additives. Evonik already…
Engineering and technology group Sener (Madrid, Spain; www.engineeringandconstruction.sener.com) has signed a contract with ENCE Energía y Celulosa to build a new low-emission biomass electricity generation plant in its energy complex in Huelva (Spain). The contract signed is a turnkey arrangement…
Toyo Engineering Corp. (Toyo; Chiba, www.toyo-eng.co.jp) was awarded a project to construct a naphtha-cracking furnace of Tosoh Corp. for producing ethylene at its Yokkaichi Complex in October. Toyo had participated in this construction project from an early stage. This naphtha-cracking…
Honeywell says that Kuwait Integrated Petroleum Industries Co. will use a range of process technologies from Honeywell UOP (Des Plaines, Ill. www.uop.com) for the expansion of its refining and petrochemical complex at Al-Zour, south of Kuwait City. Honeywell UOP will…
AkzoNobel (Amsterdam, the Netherlands, www.akzonobel.com) has agreed to acquire the business of V.Powdertech Co., Ltd., the leading manufacturer of powder coatings in Thailand, supplying a range of products for domestic appliances, furniture and general industrial applications, and currently employing more…
LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced that it has entered into a definitive agreement to purchase a 50% stake in Quality Circular Polymers (QCP), a high standard plastics recycling company in Sittard-Geleen, Netherlands. Under the terms of the agreement, LyondellBasell will be…
Sumitomo Chemical Corp. (Tokyo; www.sumitomo-chem.co.jp) has begun construction of a new plant in Changzhou City, Jiangsu Province that will produce high-purity chemicals for semiconductor manufacturing. The new facility, located at Sumika Electronic Materials (Changzhou) Co., is Sumitomo’s second high-purity chemicals…
AkzoNobel’s (Amsterdam, the Netherlands; www.akzonobel.com) Specialty Chemicals business has broken ground at its Kvarntorp plant in Sweden as part of a project to expand production capacity for chelated micronutrients, which are used as essential minerals in the agricultural market. The…
Eni S.p.A. (Rome, Italy; www.eni.com) announced the launch of Lotte Versalis Elastomers’ new integrated industrial complex for the production of elastomers in Yeosu, South Korea. Lotte Versalis Elastomers is a 50:50 joint venture between Versalis (Eni) and Lotte Chemical, a…
Saudi Aramco (Dhahran, Saudi Arabia; www.saudiaramco.com) and Saudi Arabian Basic Industries Corporation (SABIC; Riyadh, Saudi Arabia; www.sabic.com) have signed a memorandum of understanding (MoU) to develop a fully integrated crude oil to chemicals (COTC) complex in the Kingdom of Saudi…