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Latest News: Business

Solvay to expand production of sulfone polymers in India and the U.S.

Solvay S.A. (Brussels Belgium; www.solvay.com) is expanding its global production capacity in sulfone polymers in India and the United States to address significant demand growth from mainly the medical and water treatment industries for this high-performance thermoplastic material. As part…

GE completes sale of Water and Process Technologies business to Suez

GE (Boston, Mass.; www.ge.com) announced today it completed the closing of the sale of GE Water & Process Technologies to SUEZ (Paris, France; www.suez.com) for $3.4 billion on September 30, 2017. “The sale of GE Water & Process Technologies is…

Mitsui Chemicals commences production at expanded thermoplastic elastomers plant

Mitsui Chemicals, Inc. (Tokyo; www.mitsuichem.com) has been working on a one-line production augmentation (5,000 metric tons per year) for the Milastomer product line at its wholly owned domestic subsidiary Sun Alloys Co., in response to an upswing in demand for…

Global chemical production continue solid pace, ACC says

The American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Global Chemical Production Regional Index (Global CPRI) shows that growth in global chemistry during August continued on a solid pace, but was weighed down by the effects of Hurricane Harvey. Global chemicals…

SNC-Lavalin wins contract for fertilizer project in Russia

SNC-Lavalin (Montreal, Quebec, Canada; www.snclavalin.com) announced that it has been awarded a contract by Novgorodskiy GIAP, a subsidiary of Acron Group, for the development of engineering design packages and licensing services for a fertilizers project located in the Smolensk region…

Solvay invests to double manufacturing capacity at West Virginia site

Solvay SA (Brussels, Belgium; www.solvay.com) will invest to double the capacity of its Technology Solutions global business unit’s high molecular weight (HMW) hindered amine light stabilizers (HALS) production facility in Willow Island, West Virginia, USA. The core HALS products currently…

Teijin starts up new production line for aramid fibers

Teijin’s Aramid Business (Arnhem, the Netherlands; www.teijinaramid.com) announced the completion of a new production line at its Technora aramid fibers production facility in Matsuyama, Japan. As of now, extra Technora capacity is available for Teijin Aramid’s customers globally. The investment…

Ineos Styrolution and Agilyx to develop polystyrene recycling technology

Agilyx Corp. (Tigard, Oregon; www.agilyx.com) and INEOS Styrolution (Frankfurt am Main, Germany; www.ineos-styrolution.com) have signed a joint development agreement to develop a recycling process for polystyrene based on “chemical recycling” in the USA. This collaboration is aimed at achieving a…

Owens Corning to expand composites facility in France

Owens Corning (Toledo, Ohio; www.owenscorning.com) has announced plans to invest $50 million to rebuild a glass melter and expand production capacity by approximately 25% at its Chambéry, France, composites manufacturing facility.  The investment will support the growing demand for thermoplastics…

Ineos Oxide to increase production capacity for ethylidene norbornene

Ineos (London; www.ineos.com) announced that INEOS Oxide plans to expand its ethylidene norbornene (ENB) plant in Antwerp, increasing capacity by 7,500 metric tons per year (m.t./yr) to 35,500 m.t./yr, with the capacity being available by the end of 2018. “We…