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Latest News: Business

AkzoNobel and Renmatix to collaborate on bio-based performance additives

AkzoNobel Specialty Chemicals (Amsterdam, the Netherlands; www.akzonobel.com) and Renmatix, Inc. (King of Prussia, Pa.; www.renmatix.com) will jointly develop biomass-based performance additives that improve the properties of architectural paints and construction materials. Renmatix’s proprietary Plantrose Process utilizes ‘supercritical’ water under high…

TechnipFMC awarded contract for HPCL hydrogen generation unit

TechnipFMC (Houston; www.technipfmc.com) has been awarded a substantial contract by the state-owned Hindustan Petroleum Corporation Ltd. (HPCL) for a grassroot Hydrogen Generation Unit (HGU). The project is part of the brownfield expansion for HPCL’s Visakh Refinery Modernization Project located in…

Veolia appoints new chief executives

Veolia (Paris, France; www.veolia.com) has announced the appointment of Estelle Brachlianoff to the position of Chief Operating Officer (COO), and Claude Laruelle to the position of Chief Financial Officer (CFO). In their previous positions, both have been involved in developing…

Advisian awarded pre-FEED contract for Borouge expansion

Advisian (www.advisian.com), the global consulting firm of WorleyParsons, has been awarded the role of preparing the pre-FEED and licensor evaluation for the latest expansion of Borouge’s Petrochemical Facility (Borouge-4 Plant), part of a major new downstream facility in the United Arab…

Lanxess announces significant North American investment program

Lanxess AG (Cologne, Germany; www.lanxess.com) is strengthening its presence in the growth market of North America with a comprehensive investment program. The company plans to invest up to $580 million in its asset base there through 2022. “North America and…

Repsol to acquire stake in Mexican lubricants company Bardahl

Repsol (Madrid, Spain; www.repsol.com) has reached an agreement to acquire 40% of the Mexican automotive fluids and lubricants company Bardahl. This is the largest transaction to date for Repsol’s Lubricants unit, the company’s most global business unit, whose internationalization strategy…

BASF plans ethylene oxide capacity expansion in Antwerp

BASF SE (Ludwigshafen, Germany; www.basf.com) plans to pursue a significant capacity expansion of the integrated ethylene oxide complex at its Verbund site in Antwerp, Belgium. The project includes capacity expansions for ethylene oxide and for several downstream derivatives, such as…

Shintech to build an integrated PVC plant in Louisiana

Shintech Inc., a subsidiary of Shin-Etsu Chemical Co., Ltd. (Tokyo; www. shinetsu.co.jp) in the U.S., has begun to construct a new integrated plant to produce polyvinyl chloride (PVC) from salt. The new plant will be on industrial site developed by…

DuPont Clean Technologies and UOP to provide alkylation and regeneration processes for Kuwait refinery

DuPont Clean Technologies (DuPont; www.cleantechnologies.dupont.com) signed contracts with Honeywell UOP (Des Plaines, Ill.; www.uop.com) to provide STRATCO alkylation and MECS Advanced sulfuric acid regeneration (SAR) technologies for the Kuwait Integrated Petroleum Industries Company (KIPIC). The 9,100 bbl/d STRATCO alkylation unit and 70 metric…

Royal DSM and APK to collaborate on recycling multilayer packaging

Royal DSM (Heerlen, the Netherlands; www.dsm.com), together with APK, is taking the next step to increase the sustainable benefits of multilayer food packaging films. Beyond the primary function of reducing food waste, the products are now also recyclable via APK’s…