KBR, Inc. (Houston) announced the successful startup of Sinochem Quanzhou Petrochemical Co., Ltd.'s (Sinochem Quanzhou) 1,000,000 metric tons per year (m.t./yr) ethylene plant in Quanzhou, Fujian Province, China. The ethylene plant is part of Sinochem Quanzhou's grassroots integrated refining and…
Braskem S.A. (Philadelphia, Pa.) announced its collaboration with Encina Development Group, a leading provider of solutions to produce renewable chemicals, to develop a long-term relationship enabling the production of circular, recycled polypropylene (PP). Encina's technology is able to produce renewable…
Evonik Industries AG (Essen, Germany) has signed an agreement to acquire the LACTEL business of biodegradable polymers from DURECT Corporation for $15 million. The transaction is expected to close by Q1 2021 pending the satisfaction of certain customary closing conditions.…
Huntsman Corp. (The Woodlands, Tex.) announced its agreement to acquire Gabriel Performance Products, a North American specialty chemical manufacturer of specialty additives and epoxy curing agents for the coatings, adhesives, sealants and composite end-markets, from funds owned by Audax Private…
LyondellBasell (Rotterdam, the Netherlands) and SUEZ (Paris, France) jointly announced the acquisition of TIVACO, a plastics recycling company located in Blandain, Belgium. The company will become part of Quality Circular Polymers (QCP), the companies' existing 50/50 plastics recycling joint venture.…
Honeywell announced Türkiye Petrol Rafinerileri A.Ş. is improving the performance of its existing Honeywell UOP enhanced two-stage Unicracking process with the addition of an external heavy polynuclear aromatics (HPNA) stripper at its Izmit refinery. The HPNA stripper will enable Tüpraş…
Siemens Gamesa (Zamudio, Spain) is developing the first pilot project in the world to connect a wind turbine to an electrolyzer with the ability to operate in ‘island mode’, i.e. driving an electrolysis rig with no link to an electricity…
Alkam Energy (Al-Khobar, Saudi Arabia) announced the signing of a Memorandum of Understanding (MOU) with Técnicas Reunidas S.A. (TR; Madrid, Spain). The MOU is for the feasibility study, technology, front-end engineering design (FEED) and engineering procurement and construction (EPC) for…
Stora Enso Oyj (Helsinki, Finland) is investing EUR 14 million to build a granulation and packing plant for lignin, allowing easier packing and handling of lignin compared to powder and wet form. According to Stora Enso's strategy, lignin is one…
MilliporeSigma (Burlington, Mass.) announced the broadening of its manufacturing footprint with a combined $47 million investment at its production facilities in Danvers, Massachusetts, and Jaffrey, New Hampshire. These sites supply critical products to customers developing lifesaving therapies, including Covid-19 vaccines,…