Asia/Pacific
INEOS and BASF establish global styrenics company called Styrolution
INEOS Industries Holdings and BASF SE intend to combine their global business activities in styrene monomers (SM), polystyrene (PS), acrylonitrile butadiene styrene (ABS), styrene-butadiene block copolymers (SBC) and other styrene-based copolymers (SAN, AMSAN, ASA, MABS) as well as copolymer blends into a new joint venture called Styrolution.
BASF buys CRI/Criterion’s global styrene catalysts business
BASF has signed a purchase agreement to acquire the styrene catalysts business of CRI/Criterion, a wholly owned subsidiary of Shell based in Houston, Texas. Financial details of the transaction are not being disclosed.
ABB wins LNG transport vessel contract
ABB recently won an order worth $58 million to provide complete power and propulsion systems for six new LNG transport vessels to be built by Samsung Heavy Industries (SHI) at its shipyard in South Korea.
Aker Midsund delivering separator and scrubber packages for FPSOs
Aker Midsund has signed a contract to deliver four separator and scrubber packages to Hyundai Heavy Industries for the Goliat FPSO.
Alfa Laval wins SEK 50 million refinery order in India
Alfa Laval has received an order for Alfa Laval Packinox heat exchangers to be used in a refinery in India. The order value is about SEK 50 million and delivery is scheduled for 2011.
Bayer MaterialScience increases downstream presence in China
Bayer MaterialScience has announced plans to invest €110 million to build five new downstream facilities in China by 2012, as part of an ongoing process to serve the booming manufacturing sector in the country.
ITT picks up OI and enhances its global analytical instrumentation business
ITT Corp. has completed its previously announced acquisition of OI Corp. for approximately $29 million. OI is a provider of innovative instrumentation for laboratory and environmental testing in the pharmaceutical, petrochemical, power and industrial markets.
Asian investment creates opportunity for flow and filtration equipment
The expansion of sewage transport, primary treatment and secondary treatment in Asia is creating market opportunities for suppliers of pumps valves, scrubbers, chemicals, controls, filters and other water pollution control equipment.
Engineers assigned for Chinese EPDM plant development
Sinopec Beijing Yanshan Co. has selected LAS Associates and Norton Engineering Consultants to assist in scale up and commercialization of Sinopec’s EPDM solution polymerization technology.
CNOOC's LNG cold energy ASU comes onstream
Air Products announced that China’s first air separation unit (ASU) facility that uses liquefied natural gas (LNG) cold energy to produce industrial gases has been brought onstream.
- Maersk to use SAF to decarbonize airfreight travel 11/29
- Foundation stone laid for 1.2-MMtpy blue ammonia plant in Qatar 11/29
- Traders using STS transfers near Senegal to export Russian naphtha to Brazil 11/29
- Mexican firefighters extinguish second fire in one week at Pemex refinery 11/29
- Australia's Ampol ends Lytton refinery repairs, provides output forecast 11/29
- Indonesia committed to introduce B40 biodiesel on Jan. 1 11/29
