Saudi Aramco (Dhahran, Saudi Arabia; www.saudiaramco.com) and Saudi Arabian Basic Industries Corporation (SABIC; Riyadh, Saudi Arabia; www.sabic.com) have signed a memorandum of understanding (MoU) to develop a fully integrated crude oil to chemicals (COTC) complex in the Kingdom of Saudi…
Lanxess AG (Cologne, Germany; www.lanxess.com) is building a new plant for high-performance plastics in Changzhou, China for around €20 million. Beginning in the second quarter of 2019, the compounding plant is set to produce up to 25,000 metric tons per year…
Air Liquide Engineering & Construction (Frankfurt am Main, Germany; www.engineering-airliquide.com) recently signed a new agreement with Cargill for engineering and supply of a world-scale biodiesel plant in Wichita Kansas. The state-of-the-art biodiesel plant is planned to start operation in January…
EuroChem Group AG (Zug, Switzerland; www.eurochemgroup.com), a leading global fertilizer company, announces the sale of Severneft-Urengoy to Novatek PJSC, one of the largest independent natural gas producers in Russia. The price and terms of the deal have not been disclosed.…
Compañía Española de Petróleos S.A.U. (Cepsa; Madrid, Spain; www.cepsa.com) and the Abu Dhabi National Oil Company (ADNOC) have signed a memorandum of understanding (MOU) to evaluate a new world-scale Linear Alkyl Benzene (LAB) complex in Ruwais, Abu Dhabi. LAB is…
Sulzer Ltd. (Winterthur, Switzerland; www.sulzer.com) is pleased to announce the appointment of Jill Lee as Chief Financial Officer (CFO) and member of the Executive Committee, effective April 5, 2018. Jill has been a board member of Sulzer since 2011 and…
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), notched another solid increase over October’s reading both on a three-month moving average (3MMA) basis and an unadjusted basis. The CAB…
Clariant (Muttenz, Switzerland; www.clariant.com) and Tiangang Auxiliary Co., a privately owned producer and leading supplier of light stabilizers in China, kicked off their new production joint venture (JV) with the approval to purchase a site within the Cangzhou National Coastal-Port…
Solvay S.A. (Brussels, Belgium; www.solvay.com) and Suez (Paris, France; www.suez-environnement.fr) have won the contract to treat brine from reverse osmosis desalination at Wanhua Chemical Industry Park in Yantai (Shandong Province). This contract is part of the Alliance between Solvay and…
Air Products (Lehigh Valley, Pa.; www.airproducts.com) announced that it has signed a second longterm oxygen and nitrogen supply contract with a leading global materials supplier in Guangdong Province, China. The latest supply contract will further strengthen Air Products’ strong position…