Sasol Ltd. (Johannesburg, South Africa; www.sasol.co.za) reached beneficial operation of its new alkoxylation plant in Nanjing, Jiangsu Province on 18 April 2019. “Sasol has successfully built the new facility by implementing state-of-the-art technology for alkoxylation plants. The construction was completed…
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), rose 0.5 percent in April on a three-month moving average (3MMA) basis, the second monthly gain after several weak months. On…
The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported that U.S. specialty chemicals market volumes eased 0.2 percent in March, after flat activity in February and a 0.3 percent gain in January. All changes in the data are reported on…
Air Products (Lehigh Valley, Pa.; www.airproducts.com) announced an agreement to build, own, and operate a second air separation unit (ASU) to support Big River Steel LLC’s expansion at its Osceola, Arkansas steel mill. The new ASU, scheduled to be onstream…
Sumitomo Chemical Co. (Tokyo, Japan; www.sumitomo-chem.co.jp) and Dongwoo Fine-Chem, Sumitomo Chemical's subsidiary located in Korea, have invested $150 million into a new project at the Changzhou National Hi-Tech District (CND) facility of Sumika Electronic Materials (Changzhou) Co., Ltd. Designed to…
McDermott International, Inc. (Houston; www.mcdermott.com) and Kuwait Integrated Petroleum Industries Company (KIPIC), a subsidiary of Kuwait Petroleum Corporation (KPC), announced that KIPIC has awarded McDermott a technology contract for the basic engineering, technology license and catalyst for an integrated Low…
John Crane (Chicago, Ill.; www.johncrane.com) finalized its purchase of the Industrial Division of Advanced Diamond Technologies (ADT). ADT, based in Romeoville, Illinois, is a leader in the development and application of diamond films for industrial, electronic, mechanical and medical applications. “John…
The Saudi Arabian Oil Company (Saudi Aramco; Dhahran; www.saudiaramco.com) is to acquire Shell Saudi Arabia Refining Limited’s (Shell) 50% share of the SASREF joint venture (JV) in Jubail Industrial City, in the Kingdom of Saudi Arabia, for $631 million. Abdulaziz…
The Chemours Co. (Wilmington, Del.; www.chemours.com) announced a strategic partnership with UniEnergy Technology LLC (UET), a redox flow battery (RFB) manufacturer headquartered in Mukilteo, Washington. With their long run time, maintaining full storage capacity over 20 years, scalability and improved…
BASF SE (Ludwigshafen, Germany; www.basf.com) has announced that BASF Venture Capital is joining a group of prominent investors in the Series A investment round of Zapata Computing, Inc. Headquartered in Cambridge, Massachusetts, Zapata is developing both a powerful software platform as…