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Latest News: Business

Pfizer will acquire Array BioPharma

Pfizer Inc. (New York; www.pfizer.com) and Array BioPharma Inc. (Boulder, CO; www.arraybiopharma.com)  have entered into a definitive merger agreement under which Pfizer will acquire Array, a commercial stage biopharmaceutical company focused on the discovery, development and commercialization of targeted small…

Metallocene linear-LDPE produced in India

  GAIL Ltd. (New Delhi, India; www.gailonline.com) has successfully produced Metallocene linear-low density polyethylene (mLLDPE) on its world-class 400,000 MT per annum UNIPOL PE Reactor line located in Pata, Uttar Pradesh, India on 17th January 2019. GAIL's Metallocene LLDPE resin…

Partnership to develop virtual reality training on hazardous materials

HTX Labs LLC (Houston; www.htxlabs.com) the creator of enterprise immersive training simulations and technology for global business entities and government institutes, and Solvay GBU Peroxides North America (www.solvay.com/en), an industry leader in advanced materials and specialty chemicals, announced today a…

McDermott awarded p-xylene technology contract in China

McDermott International, Inc. (Houston; www.mcdermott.com) has been awarded a sizeable ($1–50 million) technology contract by Ningbo Union King Polyester Material Limited for the technology license, process design engineering, and operator training services for a large-scale, grassroots 1,600,000 ton/yr p-xylene plant…

ExxonMobil and SABIC to move forward with new construction in Texas

ExxonMobil (www.exxonmobil.com) and SABIC (www.sabic.com) have decided to proceed with the construction of a chemical facility and 1.8-million metric ton ethane steam cracker in Texas. The joint-venture between ExxonMobil and SABIC, called Gulf Coast Growth Ventures, received final environmental regulatory…

Report highlights role of AI and blockchain for the chemical process industries

Emerging technologies, such as artificial intelligence (AI) and blockchain technology are poised to make an impact on the chemical process industries (CPI) as the industries continue on the path to digital transformation. A recent report by Accenture titled Artificial Intelligence…

Orion to expand production capacity for gas blacks

Orion Engineered Carbons S.A. (Houston; www.orioncarbons.com), a worldwide supplier of specialty and high-performance carbon black, today announced that it will expand its production capacity for gas blacks at its Cologne (Kalscheuren) plant, Germany. Orion is responding to the continuously growing…

Invista and Koch-Glitsch expand partnership to offer ExoS fuel-refining technology

INVISTA Performance Technologies (IPT; Wichita, Kan.; www.invista.com) and Koch-Glitsch (Wichita, Kan.; www.koch-glitsch.com), affiliates of Koch Industries Inc., announced today an expansion of their partnership to offer the proprietary ExoS technology to customers. The technology allows refineries to generate an olefin…

Eastman expands capacity for DEHA at Louisiana facility

Eastman Chemical Company (Kingsport, Tenn.; www.eastman.com) announced the successful completion of a de-bottlenecking of its diethylhydroxylamine (DEHA) unit in St. Gabriel, La. The debottlenecking has resulted in a 15 to 20 percent increase in capacity. “With growth in demand for…

FAR Chemical will expand facility in Florida

FAR Chemical (Palm Bay, Fla.; www.far-chemical.com), a leader in scaling up and manufacturing multi-step chemical syntheses and handling highly active materials, announced today that it will expand its Palm Bay, Florida facility. FAR specializes in fine and specialty chemicals such…