Americas
Dow Chemical prefers LPG over US ethane as feed for European crackers
“According to our math, people should be doing LPG cracking in Europe, versus going to ethane and building large ethane carriers,” Dow CEO Andrew Liveris contends.
Valspar acquires Canadian coatings firm Madison Chemical Industries
Madison has developed a global reputation for its products used for critical infrastructures such as water transmission pipelines, water and wastewater management, and potable water storage.
Praxair to supply hydrogen at Repsol Peru refinery
The new steam methane reformer (SMR) will be constructed at Repsol’s La Pampilla Refinery, in the Callao district, near Lima, and is expected to start up in 2016.
Dow sells Angus Chemical to Golden Gate Capital
The divestiture of ANGUS includes the business headquarters and R&D facility in Buffalo Grove, Illinois; manufacturing facilities located in Sterlington, Louisiana, and Ibbenbueren, Germany; a packaging facility in Niagara Falls, New York; as well as the associated business, inventory and contracts.
Yokogawa, Murata partner to develop wireless communication modules
Yokogawa Electric and Murata Manufacturing Co. have entered into an agreement in which Murata will develop communication modules for ISA100 Wireless field wireless devices.
Dow Chemical boosts planned divestments target nearly 50% by mid-2016
On track to complete its goal of realizing $4.5 billion to $6 billion in proceeds by year-end 2015, and with additional portfolio management actions underway, Dow is now increasing its divestiture target to $7 billion to $8.5 billion to be complete by mid-2016.
CB&I to build hydrogen plant for Kansas refinery
The project scope includes the engineering, procurement, fabrication and field construction of a 22 million standard cubic feet/day hydrogen plant at its refinery in Coffeyville, Kansas.
BMW recommends Shell as global supplier for aftermarket engine oils
Base oil is the main component of finished oils and plays a vital role in the quality of the finished engine oil. The base oil is produced at Shell's Pearl GTL plant in Qatar.
Technip forms new alliance with Biochemtex for bioethanol technologies
Proesa technology is one of the world's leading processes for converting cellulosic feeds into petroleum products. The second-generation bioethanol product will also meet future regulatory specifications.
Momentive Chemicals to build two new Louisiana formaldehyde plants
Momentive will invest about $66 million in the construction of these new, world-scale formaldehyde plants primarily in 2014 and 2015, with capacity of more than 400,000 tpy.
- BASF’s Intermediates division produces entire portfolio of acid chlorides and chloroformates at its Ludwigshafen site using renewable electricity credits 3/23
- LG Chem shuts down 800,000-tpy Yeosu naphtha cracker 3/23
- Refiners in India, elsewhere in Asia look to buy Iranian oil after U.S. waives sanctions 3/23
- China's Sinopec will not buy Iranian oil, wants to tap state reserves 3/23
- ANDRITZ to supply refining technology for cellulosic ethanol pilot plant in the U.S. 3/22
- Brazilian city trials new biofuel aimed at replacing diesel entirely 3/22
