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Latest News: Business

Showa Denko and KBR to license vinyl acetate monomer technology

Showa Denko K.K. (SDK; Tokyo) has decided to license its technology to produce vinyl acetate monomer (VAM) to Asian Paints Limited, a leading paint and décor company in India , under a formal alliance agreement between SDK and KBR, Inc.…

Sumitomo Chemical completes construction of pilot facility for acrylic-resin recycling

Sumitomo Chemical Co. (Tokyo, Japan) has constructed a new pilot facility for chemical recycling of acrylic resin (polymethyl methacrylate or PMMA) at its Ehime Works in Niihama City, Ehime Prefecture, Japan. Samples of chemically recycled methyl methacrylate or MMA monomer…

ArcelorMittal acquires another scrap-metal recycler in Europe

ArcelorMittal announced it has signed an agreement to acquire Polish scrap metal recycling business, Zakład Przerobu Złomu (Złomex). Transaction closing, which is subject to customary regulatory approvals is expected during the first half of 2023. Zlomex operates scrap yards in…

Metso Outotec providing processing technologies for Albemarle LiOH plant in Western Australia

Albemarle Lithium Pty Ltd has awarded Metso Outotec Oy (Helsinki, Finland) an order for two pyro processing and comminution lines for their Kemerton lithium hydroxide processing plant in Western Australia. Previously, Metso Outotec has delivered two similar pyro process lines…

NOVA Chemicals announces mechanical completion for new PE plant and cracker expansion in Ontario

NOVA Chemicals Corp. (Calgary, Alberta, Canada) announced that its second Advanced SCLAIRTECH technology (AST2) facility and the third phase of the Corunna Cracker Expansion Project have each reached mechanical completion. The world-scale AST2 facility, located at the new Rokeby Site…

U.S. chemical production edges lower in November, ACC says

The U.S. Chemical Production Regional Index (U.S. CPRI) fell by 0.4% in November following declines of 0.4% in September and 0.3% in October, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). Chemical output was lower than a month…

Lotte Fine Chemicals receives world’s first shipment of blue ammonia from Sabic

Lotte Fine Chemicals (LFC) received the world’s first commercial shipment of 25,000 metric tons of independently certified clean (blue) ammonia from SABIC Agri-Nutrients (SABIC AN) and Saudi Aramco (Aramco). The shipment, dispatched from King Fahad Industrial Port at Jubail, Saudi…

Lummus to provide digitalization services to Zhangzhou Chimei Chemical

Lummus Technology (Houston) announced it has been awarded a contract by Zhangzhou CHIMEI Chemical Co. Ltd. for digitalization services at their petrochemical facility in Gulei, Fujian Province, China. "This award builds on the previous technology license Lummus provided to CHIMEI…

Entegris to build manufacturing center in Colorado Springs

Entegris, Inc. (Billerica, Mass.) announced plans to build a new manufacturing center of excellence in Colorado Springs. The new facility expands Entegris’ significant presence in Colorado and enhances its ability to meet the needs of its customers as the semiconductor…

Eni and Snam announce joint development of Ravenna CCS project

Eni S.p.A. (Rome, Italy) and Snam (Milan, Italy)signed an agreement to jointly develop and manage Phase 1 of the Ravenna Carbon Capture and Storage (CCS) Project, through an equal joint venture. The agreement also includes the implementation of studies and…