Under this partnership, M. Holland and Honeywell will be expanding their nylon distribution to include flexible packaging applications. M. Holland and Honeywell have been partners in distributing nylon for the past several years, primarily in the compounding markets.
Fluor previously completed FEED for the project under its North America partnership agreement with BASF and is executing the EPCM under the recent global engineering services agreement.
Continued demand growth for plastic compounds is forecast in Mexico, where various manufacturing facilities are increasingly located, especially by US, European, and Japanese manufacturers.
LANXESS and Saudi Aramco signed an agreement to create a 50:50 joint venture for the development, production, marketing, sale and distribution of synthetic rubber.
The project’s scope of work envisages the provision of complete engineering services, equipment and material supply, construction activities up to start up and guarantee test run.
Petroken operates a 180,000-tpy plant in Ensenada and is a leading polypropylene (PP) producer in Argentina. The sale price is estimated at $184 million.
Under the agreement, Univation and Linde will work toward delivering streamlined technology, capital expense and operational expense reduction opportunities and improved quality in early-stage design to ethylene cracker and polyethylene projects.
A joint venture between CB&I and CTCI Corp. signed a contract valued at $2.8 billion to provide engineering, procurement and construction for the steam cracker package.
The Sadara Chemical JV of Saudi Aramco and Dow Chemical has now achieved a key milestone of first PE production, allowing it to meet its goal to begin operations in 2015.