The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported that U.S. specialty chemicals market volumes ended 2019 on a soft note, with a 0.3 percent decline in December following a 0.1 percent gain in November. All changes in the data…
INVISTA’s technology and licensing group, INVISTA Performance Technologies (IPT; www.ipt.invista.com) and Hengli Petrochemical (Dalian) Co., Ltd have announced the successful start-up of Hengli’s fourth purified terephthalic acid (PTA) line. This plant boasts a capacity of 2.5 million metric tons per…
The Abu Dhabi National Oil Company (ADNOC; www.adnoc.ae) signed a strategic framework agreement with Eni S.p.A. (Rome, Italy; www.eni.com) to explore new opportunities for collaboration in carbon capture utilization and storage (CCUS), where ADNOC is an industry leader, and additional…
Gaz Sintez has nominated Haldor Topsoe A/S (Lyngby, Denmark; www.topsoe.com) as licensor of its methanol plant in the Leningrad Region, Russia. The plant will produce 1.6 million tons per year of АА grade methanol based on Topsoe’s SynCOR Methanol technology.…
Stamicarbon BV (Sittard, the Netherlands; www.stamicarbon.com), the innovation and license company of Maire Tecnimont Group (www.mairetecnimont.com), will license technology for a grassroots urea plant for Talcher Fertilizers Ltd. in India. The new ammonia and urea complex will be a modern…
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), jumped 0.6 percent in January on a three-month moving average (3MMA) basis, following a 0.1 percent gain in December. On a…
Saipem S.p.A. (San Donato Milanese, Italy; www.saipem.com) signed a license agreement with ITEA S.p.A, an Italian company that owns the patent for application of a new plastics recycling technology. Originally designed for applications in the oil & gas sector, the…
HUVRdata (Austin, Tex.; www.huvrdata.com) has been selected by ExxonMobil Corp. (Irving, Tex.; www.exxonmobil.com) to support drone-based inspections and reporting. Over the past 2 years, HUVRData and ExxonMobil have collaborated to put in place a global Digital Reporting and Analytics platform…
Mitsubishi Chemical Corp. (MCC; Tokyo; www.m-chemical.co.jp/) announced that it will acquire a German manufacturer of carbon-fiber prepreg materials, c-m-p GmbH (Heinsberg, Germany) through its subsidiary, Mitsubishi Chemical Advanced Material, in a move to strengthen its presence in the carbon-fiber composite…
As part of a major restructuring program, subsidiaries of McDermott International, Inc. (Houston; www.mcdermott.com) have entered into a share and asset purchase agreement with a joint partnership between The Chatterjee Group and Rhône Group (the Joint Partnership) pursuant to which…