Petrochemicals
Technip awarded engineering contract from Solvay to study China greenfield chem plant
Solvay awarded Technip with an engineering services contract to study construction of a greenfield chemical plant in Taixing, Jiangsu Province, China.
Cereplast to supply bioplastic resins to Turkey
Cereplast entered into a distribution agreement with Polimernet Plastik Ltd. to supply bioplastic resins to the Turkish market, the manufacturer of proprietary bio-based, compostable and sustainable plastics said on Tuesday.
Swiss Lonza to buy biocides firm Arch Chemicals
The Switzerland-based Lonza Group, one of the world's leading suppliers to the pharmaceutical, healthcare and life science industries, will acquire US biocides company Arch Chemicals for $47.20/share in cash, or about $1.2 billion.
Goodyear closes Tennessee tire plant, may signal reduced SBR demand
The Goodyear Tire & Rubber Co. has ceased production at its tire manufacturing facility in Union City, Tenn., the company said on Monday. The tire market is a major consumer of petrochemicals such as styrene-butadiene rubber (SBR).
M&G picks Corpus Christi as site for new PET plant
M&G Group, the largest Americas producer of polyethylene terephthalate (PET) for packaging applications, has selected Corpus Christi, Texas, as the location for its previously-announced 1 million tpy PET plant and accompanying 1.2 million tpy terephthalic acid (PTA) plant.
Sherwin-Williams acquires UK fire protection coatings firm Leighs Paints
UK-based industrial fire protection coatings company Leighs Paints has been acquired by US-based paints major Sherwin-Williams. The acquisition significantly enhances the product portfolio of the company’s protective and marine business, the company said.
ACC picks BASF for top political leadership award
BASF was presented with the American Chemistry Council's (ACC) top award for political leadership, recognizing the company’s efforts to mobilize grassroots employee participation in advocacy at both site manufacturing and managerial levels in coordination with Washington, D.C. and state capital activities, the group said on Thursday.
Praxair inks hydrogen supply deal with Hemlock polysilicon plant in Tennessee
Praxair has signed a multi-year contract with Dow Corning joint venture Hemlock Semiconductor to supply high-purity hydrogen to Hemlock’s new $1.2 billion polysilicon manufacturing facility under construction in Clarksville, Tennessee.
Dow forms lithium-ion battery JV with Japan's Ube
Dow Chemical and Japan-based Ube Industries have agreed to form a joint venture to manufacture and market formulated electrolytes for lithium-ion batteries (LIBs) in energy storage applications.
Honeywell to expand Louisiana plant to produce low-global-warming blowing agent
Honeywell will invest $33 million in its Baton Rouge, La., manufacturing facility – one of the leading suppliers of refrigerants in the U.S. – to produce a low-global-warming material used in insulation and aerosols.
- Azerbaijan's State Oil Company redirects supplies of jet fuel from STAR refinery to Turkish domestic market 5/8
- Hungry to sell, UAE slips hidden oil tankers through Strait of Hormuz 5/8
- Seven markets to track if peace breaks out in the Middle East 5/8
- Asia exports of refined fuels plunge amid Hormuz closure 5/8
- Libya's Zawiya oil refinery shut due to nearby clashes 5/8
- Meghna PVC partners with Jotun to manage corrosion maintenance 5/7
