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Latest News: Business

Genomatica and Braskem confirm lab-scale production of bio-based butadiene

Genomatica  (San Diego, Calif.; www.genomatica.com) and Braskem (São Paulo, Brazil; www.braskem.com) announced they have been successfully producing butadiene at laboratory scale since June 2015, using their direct, bio-based process. The companies are jointly developing a commercial process for the on-purpose…

LyondellBasell to build world’s largest PO/TBA plant on U.S. Gulf Coast

LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced that it is advancing plans to build what is said to be the world's largest propylene oxide (PO) and tertiary butyl alcohol (TBA) plant in the Houston area.  This project, considered to be the largest…

Dow Performance Plastics wins the 43rd Kirkpatrick Chemical Engineering Achievement Award

The 43rd Kirkpatrick Chemical Engineering Achievement Award was presented on Wednesday, November 18 to Dow Performance Plastics for its Intune Olefin Block Copolymers. Chemical Engineering magazine has presented this biennial award continuously since 1933. The award honors the most-noteworthy chemical…

U.S. CPRI rises in October, ACC report says

The U.S. Chemical Production Regional Index (U.S. CPRI) rose by 0.2% in October, following flat growth in September and a 0.1% gain in August, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington,…

Clariant to acquire Kilfrost aircraft de-icing business in Europe

Clariant (Muttenz, Switzerland; www.clariant.com), a world leader in specialty chemicals, signed an agreement with Kilfrost Ltd. (Newcastle, U.K.; www.kilfrost.com) to acquire Kilfrost’s aircraft de-icing business in Europe. The transaction is subject to regulatory approvals and conditional upon merger clearance.

Dow to purchase Beaumont aniline facility from Chemours

The Chemours Co. (Wilmington, Del.; www.chemours.com) has signed a definitive agreement to sell its aniline facility in Beaumont, Tex. to The Dow Chemical Company (Midland, Mich.; www.dow.com) for approximately $140 million in cash. The transaction close is subject to customary…

Clariant expands Louisville site with relocation of Air Purification Catalyst operations

Clariant (Muttenz, Switzerland; www.clariant.com) announced the relocation of its Air Purification Catalyst production to Louisville, Kentucky from Needham, Massachusetts. Clariant’s Air Purification Market Segment, which focuses on reducing or eliminating harmful industrial emissions, has products that mitigate the effects of pollutants: for…

Mitsui Chemicals to expand production capacity of breathable films in Thailand

Mitsui Chemicals Inc. (MCI; Tokyo; www.mitsuichem.com) announced the augmentation of manufacturing facilities for breathable films at its wholly owned Mitsui Hygiene Materials (Thailand) Co., Ltd., a manufacturer and distributor of non-wovens and breathable films for use in premium diapers, to…

Chemours breaks ground on world-scale production plant for HFO-1336mzz

The Chemours Co. (Wilmington, Del.; www.chemours.com) announced that, along with its partner Changshu 3F Zhonghao, it has broken ground on the world's first full-scale production facility for HFO-1336mzz in Changshu, Jiangsu Province, China. This site, expected to begin production mid-year…

Air Liquide to acquire Airgas for $13.4 billion

Air Liquide (Paris, France; www.airliquide.com) has reached an agreement to acquire Airgas, Inc. (Radnor, Pa.; www.airgas.com) in a game-changing combination that strengthens Air Liquide’s global leadership position, offers new opportunities to Airgas’ customers and delivers significant value to shareholders. Combining…