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Latest News: Business

Clariant wins contract to supply Catofin catalysts for world’s largest PDH unit

Clariant (Munich, Germany; www.clariant.com) was awarded a contract by Jinneng Science & Technology Company, to design the world’s largest single-train propane dehydrogenation (PDH) unit in collaboration with CB&I. The plant will be located in Qingdao, Shandong Province, China (photo) and…

ExxonMobil to acquire lubricant manufacturer in Indonesia

Exxon Mobil Corp. (Irving, Tex.; www.exxonmobil.com) agreed to purchase PT Federal Karyatama (FKT), one of Indonesia’s largest manufacturers and marketers of motorcycle lubricants, to enable expansion in an important international market. The acquisition includes the Federal Oil brand and a…

Global chemical production ends Q1 on a soft note, ACC says

Data collected and tabulated by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) show that the global chemical industry ended the first quarter on a soft note. The ACC’s Global Chemical Production Regional Index (Global CPRI) shows that global chemicals…

Alpek completes acquisition of Petroquímica Suape and Citepe from Petrobras

Alpek S.A.B. de C.V. (San Pedro Garza Garcia, Mexico; www.alpek.com) announced that it completed the acquisition of Companhia Petroquímica de Pernambuco (Petroquímica Suape) and Companhia Integrada Têxtil de Pernambuco (Citepe) from Petróleo Brasileiro S.A. (Petrobras) through two of its wholly-owned…

Celanese to increase global production capacities for VAM and acetic acid

Celanese Corp. (Dallas, Tex.; www.celanese.com) announced acetic acid and vinyl acetate monomer (VAM) capacity expansions and debottlenecking projects at the company’s global manufacturing facilities. At the company’s Clear Lake, Texas acetyls manufacturing facility, Celanese is on schedule to start up…

CarbonCure and Airgas to collaborate on CO2 utilization projects

CarbonCure Technologies Inc. (Halifax, N.S., Canada; www.carboncure.com) has announced a strategic commercial relationship with Airgas, (Radnor, Pa.; www.airgas.com) an Air Liquide company, to collaborate and enhance the cement and concrete industry customer experience of adopting carbon dioxide (CO2) utilization technologies throughout the U.S. Gulf Coast region.…

Italmatch acquires metalworking fluids business from Afton Chemical

Italmatch Chemicals Group (Genova, Italy; www.italmatch.com) entered into an agreement to quire the metalworking fluid business (formally known at Polartech) from Afton Chemical (Richmond, Va.; www.aftonchemical.com). In particular, the deal includes the acquisition of the entire business and assets relating…

Jacobs wins services contract for Encina’s BTX plant in Wyoming

Jacobs Engineering Group Inc. (Dallas, Tex.; www.jacobs.com) received a contract from ENCINA Chemicals, LLC (Coral Gables, Fla.; www.encina.com) to provide operations readiness (OR) support services for its new benzene toluene xylene (BTX) processing plant in Gillette, Wyoming. As part of…

Badger technology selected for Fujian Gulei Petrochemical’s grassroots EB/SM plant

Badger Licensing LLC (Boston; Mass.; www.badgerlicensing.com) announced that Fujian Gulei Petrochemical Co., Ltd. (GLPC) has selected Badger’s proprietary technologies for a 600,000 metric tons per year (m.t./yr) grassroots ethylbenzene / styrene monomer (EB/SM) plant being built in Gulei Economic Development…

KBR wins FEED contract for Saudi Aramco and SABIC’s crude-to-chemicals project

In a second significant step toward the implementation of Saudi Aramco (Dhahran; www.saudiaramco.com) and SABIC’s (www.sabic.com) fully-integrated crude oil-to-chemicals (COTC) complex in Saudi Arabia, the two partners have awarded a contract to KBR (Houston; www.kbr.com) for the COTC project management…