Arkema S.A. (Colombes, France) signed an agreement related to the acquisition of Ashland Global Holdings Inc.’s (Wilmington, Del.) Performance Adhesives business, a first-class leader in high performance adhesives for industrial applications in the United States with a unique and innovative…
Nouryon (Amsterdam, the Netherlands) plans to build a new production facility to meet the increasing global demand for innovative and sustainable additives for the rapidly growing Paints and Coatings end-market and other high-growth end-markets. The new facility will be situated…
Lummus Technology (Houston) announced that it has achieved successful plant acceptance from Formosa Chemicals and Fibre Corp. for the company's cumene and phenol plant expansion in Ningbo, China. The expansion was to an existing 450,000 metric tons per year (m.t./yr)…
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), fell 0.5% in August on a three-month moving average (3MMA) basis, following steadily easing gains in May, June and July. On…
LG Chem Ltd. (Seoul, South Korea) and Veolia R&E are collaborating on the production of transparent Acrylonitrile butadiene styrene (ABS), a high value-added synthetic resin, using a chemically recycled raw material. LG Chem announced that it had signed a Strategic…
Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, is embarking on a project to develop a commercial-scale supply chain for sustainable aviation fuel (SAF) derived by wood biomass gasification integrated with Fischer-Tropsch (FT) synthesis technology. The project will…
Repsol S.A. (Madrid, Spain) has successfully completed the manufacture of the first batch of sustainable aviation fuel (SAF; biojet) produced from waste on the Spanish market at its Petronor Industrial Complex in Bilbao. This is a significant milestone in the…
Malta Inc. (Cambridge, Mass.), a pioneer in long-duration energy storage, announced that Chevron Technology Ventures and Piva Capital have joined Proman, Alfa Laval, Breakthrough Energy Ventures, and Dustin Moskovitz in its oversubscribed Series B financing, increasing the round to over…
Casale SA (Lugano, Switzerland) was awarded a new contract by a major European producer for a new hydrolyzer unit meant to treat the waters coming from two melamine plants. The hydrolyzer will be designed to comply with new legislation, which…
Although the final May value for the CE Plant Cost Index (CEPCI; top) was revised slightly lower than its original number, the preliminary value for the June 2021 CEPCI (the most recent available) is once again higher than the previous…