Latest News: Business
Cabot and IFF collaborate on bio-based rubber additives
Cabot Corp. (Boston, Ma.) has signed a Memorandum of Understanding (MOU) with IFF Health and Biosciences, a leader in world-class bio-science and engineering, for the development and commercialization of sustainable reinforcing additives for rubber products. Under the terms of this…
TotalEnergies launches construction of biomethane plant in Texas
Through their joint venture, TotalEnergies and its U.S. partner Clean Energy are launching the construction of their first biomethane production unit, in Friona, Texas. The biomethane will be used as an alternative fuel for mobility, thus contributing to decarbonize road…
Veolia advances hydrogen-economy programs in the U.K.
Veolia is advancing its program to create a hydrogen gas-supply infrastructure and decarbonize the U.K. energy supply. Believed to be the first application of its type in the U.K., the company's latest development is now managing projects which incorporate electrolyzer…
Songwon to expand production capacity for semiconductor materials
Songwon Industrial Co., Ltd. (Ulsan, South Korea;) announced that it is investing in expanding its chemical production capacity for semiconductors. Customer demand for high-end specialty chemicals and raw materials for IT industries (including semiconductors) as well as display materials is…
Nouryon starts up organic peroxides site in Tianjin
Nouryon (Amsterdam, the Netherlands) has started full-scale production at its organic peroxide greenfield site in Tianjin, China to support the increasing demand from Packaging, Paints and Coatings, and Construction customers in the region. The site consists of three manufacturing facilities…
Lingering hurricane impacts weighed on October U.S. chemical production, ACC says
The U.S. Chemical Production Regional Index (U.S. CPRI) eased by 0.3% in October, following a 1.6% decline in September and a 0.4% decline in August, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). Chemical output declined in all…
Linde and Singapore LNG to study CO2-liquefaction facility
Singapore LNG Corp. Pte Ltd (SLNG) and Linde Gas Singapore Pte Ltd have signed a Memorandum of Understanding (MOU) to collaboratively explore the feasibility and development of a Carbon Dioxide (CO2) Liquefaction and Storage Facility, located adjacent to the SLNG…
Sabic and HHI to produce circular polymers from ocean-bound plastic waste
SABIC (Jubail, Saudi Arabia) and Malaysia-based plastic recycling company HHI, have announced a pioneering new collaboration to create the first certified circular polymers produced through the advanced recycling of recovered mixed and used ocean-bound plastic. The certified circular polyolefins from…
Tatneft and KazMunayGas establish butadiene joint venture
PJSC Tatneft (Almetyevsk, Republic of Tatarstan, Russia) and Kazakhstan’s national oil and gas corporation, KazMunayGas, have signed a corporate agreement on the operation of the Butadien LLP joint venture for the project implementation for the production of butadiene rubbers. The…
Lanxess to build new engineering plastics production line in Changzhou
Lanxess AG (Cologne, Germany) announced that it will build a second compounding line for Durethan- and Pocan-branded high-tech engineering plastics at its manufacturing site in Changzhou, China. An investment of around €30 million will increase the capacity in Changzhou by…