Clariant (Muttenz, Switzerland; www.clariant.com) has been awarded the chemical supply contract from Statoil (Trondheim, Norway; www.statoil.com), on behalf of the Peregrino license partners. The contract covers all chemicals used in the production process to treat oil, water and gas from…
Henrik Stiesdal and Anders Heine Jensen have been elected for the board of directors of Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com). This means that the board is expanded by two seats to twelve in total. The other board members remain…
Shell Chemical LP (Houston; www.shell.com/chemical) announced that Shell Nanhai B.V. and China National Offshore Oil Corporation (CNOOC) have signed a Heads of Agreement (HOA) to expand their existing 50-50 joint venture (JV) in Huizhou, Guangdong Province, China. Under the HOA,…
The business of American chemistry expanded 3.6 percent in 2015 despite global headwinds that included a strong appreciation of the U.S. dollar and a weakness in several key global markets, according to the Year-End 2015 Chemical Industry Situation and Outlook,…
Victrex plc (Thornton Cleveleys, U.K.; www.victrex.com) will invest up to 15 million GBP in further downstream manufacturing. to build a new polyetheretherketone (PEEK) composite facility for unidirectional (UD) tape and add new manufacturing capability for medical Trauma plate applications at its…
Ineos (Rolle Switzerland; www.ineos.com) announced its intention to acquire 100% of the shares of Befesa Valorización de Azufre, S.L.U (BVA). BVA is a regional market leader for sulfuric acid and oleum located in Bilbao, Spain. BVA owns a plant that…
The Dow Chemical Company (Midland, Mich.; www.dow.com) announced the signing of definitive agreements to restructure the ownership of Dow Corning Corp. Unanimously approved by Dow’s board of directors, the transaction is highly complementary to the strategic objectives of Dow and…
Avantium Technologies B.V. (Amsterdam, the Netherlands; www.avantium.com) signed an agreement with Mitsui & Co. (Tokyo; www.mitsui.com), to commercialize 100% bio-based 2,5-furandicarboxyllic acid (FDCA) and polyethylene furanoate (PEF) in Asia. As part of this agreement, Mitsui has been granted a right…
DuPont (Wilmington, Del.; www.dupont.com) and The Dow Chemical Company (Midland, Mich.; www.dow.com) announced that their boards of directors unanimously approved a definitive agreement under which the companies will combine in an all-stock merger of equals. The combined company will be…
CB&I (The Woodlands, Tex.; www.cbi.com) has announced that the world’s first commercial-scale, solid acid catalyst alkylation unit was started up in August at Zibo Haiyi Fine Chemical Co., a subsidiary of Shandong Wonfull Petrochemical Group Co. Ltd. (Wonfull). The unit…