Hexpol AB (Malmö, Sweden) acquired 100% of VICOM 2002 S.L., a Spanish polymer compounder active in the wire and cable product sector. VICOM's turnover in 2020 amounted to around 30 million EUR. The company employs some 30 people in its…
Lukoil-Nizhegorodnefteorgsintez, a subsidiary of Lukoil (Moscow, Russia), will use a range of Honeywell UOP (Des Plaines, Ill.) process technologies at its Kstovo refinery to produce cleaner-burning high-octane fuels that comply with Euro-V and Class 5 standards in Russia. UOP will provide…
Oilon Group Oy (Lahti, Finland) is to supply industrial heat pumps for a battery farm in Dalian, North-Eastern China. The electricity storage facility is currently under construction and will go online during 2021. Oilon's heat pump system will be used…
Chemieanlagenbau Chemnitz (CAC; Chemnitz, Germany) has been assigned by OMV AG (Vienna, Austria) with overall responsibility for the construction of a biofuel plant. With this project CAC is realizing one of the first large-scale plants in Europe to use innovative…
Chevron Phillips Chemical Co. LLC (The Woodlands, Tex.) announced that Bruce Chinn, currently president, Chevron Chemicals, will become chief executive officer. B.J. Hebert, currently executive vice president and chief operating officer, will become president and chief operating officer. Chinn and…
Shell (The Hague, the Netherlands) has announced plans to manufacture sustainable aviation fuels (SAF) in the Wesseling section of its Rhineland Refinery in Germany. To this end, the company wants to set up its first commercial Bio-PTL (Power-to-Liquid) plant. The…
Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has commenced development of a 40-megawatt (MW) class gas turbine that is fueled by 100% ammonia (NH3). The project was started in response to the increasing global focus on decarbonization.…
Covestro AG (Leverkusen, Germany) has signed an agreement related to the sale of its 51% share in the joint venture Pearl Covestro Polyurethane Systems FZCO, which operates systems house business in Dubai (United Arab Emirates), to the current co-shareholder Pearl…
The U.S. Chemical Production Regional Index (U.S. CPRI) rose 0.8% in January following a 1.4% gain in December and a 1.1% gain in November, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). During January, chemical output expanded in…
Bp plc (London) and SABIC (Jubail, Saudi Arabia) have just signed a new agreement to work together to drive circular economy in the petrochemical activities at the Gelsenkirchen (Germany) chemical complex. Building on a long-established relationship between the two companies…