Wholesale trade in chemicals expanded 0.7% to $10.02 billion in March, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). “At the same time, inventories fell back 2.4% in March and,…
Asahi Glass Co., Ltd. (AGC; Tokyo; www.agc.com) has decided to further increase the production capacity of vinyl chloride monomer (VCM) at P.T. Asahimas Chemical (ASC), one of its consolidated subsidiaries in Indonesia. ASC has recently completed a facility enhancement, which…
Oxea GmbH (Oberhausen, Germany; www.oxea-chemicals.com), one of the world's leading manufacturers of Oxo chemicals, announced today the appointment of Dr. Salim Al Huthaili as the new chief executive officer of the company. With the decision of the Board of Oxea…
The Industrial Solutions business area, the engineering and construction arm of the thyssenkrupp Group (Essen, Germany; www.thyssenkrupp.com), is being reorganized as part of the transformation program “planets”. The aim is to secure growth, enhance performance, focus more strongly on customers,…
Honeywell (Morristown, N.J.; www.honeywell.com) announced its intention to spin off its Resins and Chemicals business into a standalone, publicly traded company named AdvanSix Inc. Honeywell will file a Form 10 relating to the transaction with the Securities and Exchange Commission…
GreenMantra Technologies (Brantford, Ontario, Canada; www.greenmantra.ca), a rapidly growing producer of high-value waxes and specialty chemicals from recycled plastic feedstocks, announced that it has completed construction of a new manufacturing plant, significantly expanding its capacity and the availability of its…
Addressing a growing industry demand for transformational improvements in capital project execution, Emerson Process Management (www.emersonprocess.com) has launched Project Certainty, an innovative technology and engineering-based approach for improved capital efficiency and more reliable project schedules. Due to project excesses, billions…
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) was awarded a contract to provide engineering services for the expansion of Mitsubishi’s polyester film plant in Greenville County, South Carolina. Mitsubishi Polyester Film is the American subsidiary of Japan-based Mitsubishi Plastics, Inc.…
Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed a definitive agreement with Brazilian chemical group Unipar Carbocloro to sell its 70.59% stake in Solvay Indupa. “Solvay’s divestment of Indupa follows our announced early exit of our European PVC joint venture as…
Renewable materials company Stora Enso Oyj (Helsinki, Finland; www.storaenso.com) and specialty chemicals company Rennovia, Inc. (Santa Clara, Calif.; www.rennovia.com) have announced a joint development and license agreement to cooperate on bio-based chemicals development. Under the terms of the…