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Latest News: Business

Dow proposes to divest of EAA copolymers business

The Dow Chemical Company (Midland, Mich.; www.dow.com) has reached an agreement to sell its global ethylene acrylic acid (EAA) copolymers and ionomers business to SK Global Chemical Co., LTD., a subsidiary of SK Innovation, as a part of the ongoing…

CB&I receives CDAlky technology award in China

CB&I (The Woodlands, Rex; www.cbi.com) has been awarded a contract by Shaanxi Yanchang Petrochemical Group for the license and engineering design of an alkylation unit in Yan'an City, Shaanxi, China. The alkylation unit will use CB&I's CDAlky advanced sulfuric-acid alkylation…

Honeywell UOP to provide process technology to Pertamina refinery

Honeywell (Morris Plains, N.J.; www.honeywell.com) announced that PT Pertamina (Persero) will use Honeywell UOP technology to produce high-octane gasoline blending components and jet fuel at its Balikpapan refinery in Kalimantan Timur, Indonesia. The agreement includes licensing and engineering for a…

Solvay acquires Energain Li-ion technology from DuPont

Solvay SA (Brussels, Belgium; www.solvay.com) announced the acquisition of Energain Li-Ion high voltage technology from DuPont. Energain technology and formulations enlarge Solvay Special Chem Global Business Unit's existing portfolio of high performance salts and additives for electrolytes and strengthen its…

Praxair starts up hydrogen facility at Dow’s Freeport site

Praxair, Inc. (Danbury, Conn.; www.praxair.com) announced it has started up a hydrogen facility that will recover byproduct streams from The Dow Chemical Company’s (Midland, Mich.; www.dow.com) Freeport, Tex. operations. Under a longterm contract, Praxair is supplying high-purity hydrogen back to…

Celanese to acquire nylon compounding business from Nilit

Celanese Corp. (Irving, Tex.; www.celanese.com), and Nilit, a major independent producer of high-performance nylon polymers, fibers and compounds, announced that they have signed a definitive agreement for Celanese to acquire Nilit Plastics, the nylon compounding division of Nilit. Celanese will…

Altana Further Expands Additives Business by Acquiring PolyAd Services

The specialty chemicals company Altana AG (Wesel, Germany; www.altana.com) has acquired the U.S. company PolyAd Services (St. Louis, Mo.), a leading developer and manufacturer of additive solutions for the global plastics market. PolyAd Services will be integrated into the Plastics…

Borealis to use Honeywell UOP technology at Kallo PP plant

Honeywell (Morris Plains, N.J.; www.honeywell.com) announced that Borealis AG (Vienna, Austria; www.borealisgroup.com) selected Honeywell UOP’s process technology for a proposed plant in Kallo, Belgium, that converts propane into propylene (PP), a primary ingredient for making plastics. Borealis proposes to use…

Chandra Asri selects Unipol PE process technology for new polyethylene plant

PT Chandra Asri Petrochemical Tbk (CAP; Jakarta, Indonesia; www.chandra-asri.com), Indonesia’s largest petrochemical producer, has selected Univation Technologies’ Unipol PE Process for its new polyethylene plant that will be built in Cilegon, Indonesia, at CAP’s Naphtha Cracker Complex. The plant’s capacity…

Air Products to boost liquid nitrogen production at Middletown, Ohio plant

Air Products (LeHigh Valley, Pa.; www.airproducts.com) plans to install a new liquefier at its air separation plant located in Middletown, Ohio to increase liquid nitrogen (LIN) production to meet increasing customer product needs. The new liquefier is to be onstream…