Ineos (London) announced that INEOS Olefins and Polymers USA that it has agreed to principle terms with Sasol Chemicals North America LLC to acquire its 50% membership interest in Gemini HDPE LLC (Gemini) for $404 million. Gemini is a toll-manufacturer…
Sinopec (Beijing, China) has established strategic cooperation with three top institutions in Beijing, China, to take lead in a joint research on the energy and chemical industry's carbon emissions peak and carbon neutrality. Sinopec invited thought leaders and experts in…
Perstorp AB (Malmö, Sweden) has developed a production concept to produce methanol from a large variety of recovered end-of-life streams and hydrogen from electrolysis. Project AIR will build a first-of-a-kind, large scale, commercial Carbon Capture and Utilization (CCU) unit to…
Arkema SA (Colombes, France) has started up its 50% capacity increase of Kynar fluoropolymer for the lithium-ion battery business at its Changshu plant in China in December 2020, with the first commercial supplies for January 2021. Driven by strong growth…
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), rose 0.8 percent in November on a three-month moving average (3MMA) basis, following a 1.0 percent gain in October. On a…
The U.S. Chemical Production Regional Index (U.S. CPRI) rose 0.9 percent in October, following a 0.8 percent gain in September and a 1.0 percent increase in August, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). During October, chemical…
To help its customers meet the need for hand sanitizers, wipes, sprays, liquid dish soap and other household cleaning products, Eastman Chemical Corp. (Kingsport, Tenn.; www.eastman.com) will significantly increase its capacity to produce tertiary amines (dimethyldodecylamine; DIMLA) at its Ghent,…
Vale (Rio de Janeiro, Brazil) inaugurated the Pico Block plant, the first pilot plant for civil construction products made from tailings from mining activities. The plant, which has been set up at the Pico mine, in the city of Itabirito,…
Hyundai Motor Co. and INEOS (London) announced the signing of a memorandum of understanding (MoU) to explore new opportunities to accelerate the global hydrogen economy. Hyundai and INEOS will jointly investigate opportunities for the production and supply of hydrogen, as…
Koch Fertilizer announced that it anticipates investing nearly $140 million at its Fort Dodge, Iowa plant to revamp existing production processes, which is expected to increase yearly ammonia production capacity by 85,000 tons. The investment also will further improve reliability…