LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) officially broke ground on what will be the largest propylene oxide (PO) and tertiary butyl alcohol (TBA) plant ever built. The Houston-area project is estimated to cost $2.4 billion, representing the single-largest capital investment in the…
PT Chandra Asri Petrochemical Tbk (CAP; Jakarta, Indonesia; www.chandra-asri.com) and Michelin have completed construction at the new synthetic-rubber manufacturing site owned by the companies’ joint venture (JV) PT Synthetic Rubber Indonesia (SRI). The companies have invested $435 million in SRI,…
S-OIL Corp. (Seoul, South Korea; www.s-oil.com) is conducting a feasibility study into building a mixed feed cracker with the size of 1,500,000 metric tons per year (m.t./yr) and olefin downstream facilities as part of its phase II investment project to…
As part of the strategy to separate Specialty Chemicals from its Paints and Coatings business, AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) announced in March 2018 that it had agreed to sell 100% of its Specialty Chemicals business to The Carlyle Group…
LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced that it has completed the acquisition of A. Schulman, Inc., a leading global supplier of high-performance plastic compounds, composites and powders. "This acquisition builds upon our complementary strengths, creating a substantial value proposition for…
INVISTA Performance Technologies (IPT), the technology and licensing group of Invista (Wichita, Kan.; www.invista.com), and Fujian Billion Petrochemicals Co., Ltd. have reached agreement to license INVISTA’s latest purified terephthalic acid (PTA) process technology for a new PTA line. The PTA line will have…
Air Products (Lehigh Valley, Pa.; www.airproducts.com) announced that it has been awarded a longterm onsite contract to supply syngas to Jiutai New Material Co. Ltd for their multi-billion-dollar mono-ethylene glycol (MEG) project in Hohhot, China. Air Products will build, own…
Kemira Oyj (Helsinki, Finland; www.kemira.com) is expanding its longstanding cooperation with Bilfinger SE (Mannheim, Germany; www.bilfinger.com) to Sweden. Bilfinger, which has been providing Kemira with various services at the Austrian location in Krems since 2001, now also assumes exclusive responsibility…
Kabel Premium Pulp & Paper GmbH (KPPP) has awarded Pöyry Oyj (Vantaa, Finland; www.poyry.com) with the detailed engineering services assignment for a new ATMP (Advanced Thermo Mechanical Pulp) plant at Hagen, Germany. The assignment includes process engineering, mechanical engineering, electrical,…
WorleyParsons Ltd. (North Sydney, Australia; www.worleyparsons.com) has been awarded a project management consultancy (PMC) contract by PT Pertamina (Persero). Under the contract, WorleyParsons will provide PMC services to Pertamina for EPC Packages for the Refinery Development Master Plan (RDMP) Project…