Petrochemicals
Eastman to buy water treatment chemicals firm Taminco for $1.8 billion
Taminco is the world’s largest integrated producer of alkylamines and alkylamine derivatives. Taminco blends ammonia with alcohol to make amines that can be reacted with other chemicals.
BASF to base investment choices on sustainability
BASF’s assessment of 50,000 product uses across five continents found that applications with about 200 million euros ($258 million) of total annual sales had a “sustainability concern".
Braskem joins Amyris, Michelin to commercialize renewable isoprene
This collaboration was initiated to develop and commercialize renewable isoprene, sourced from various biomass as an additional sustainable pathway to produce isoprene.
Yokogawa to control new Pemex diesel plant
This project involves the construction of an ultra-low-sulfur diesel fuel plant at the Pemex Cadereyta refinery complex, which is located in Nuevo Leon state in northeastern Mexico.
Chevron Phillips sells PPS polymers unit to Solvay
Solvay intends to purchase Chevron Phillips Chemical’s Ryton PPS resin manufacturing assets in Borger, Texas, its pilot plant along with its PPS research and development assets in Bartlesville, Oklahoma, its compounding plant in Kallo-Beveren, Belgium, and certain intellectual property.
A Schulman buys Australian compounder Compco
Compco is a manufacturer of a variety of plastic compounds and products including masterbatches and custom performance colors. Key markets include packaging, wire and cable and pipe.
Conco opens Louisiana office for petrochemical customer services
Conco Industrial Services (CIS) says it offers petrochemical customers advanced technology-based cleaning and certified nondestructive testing services.
INEOS, Doeflex launch PVC compounding venture
Completion of the business combination has created a leading European PVC compounds producer with a turnover in excess of €200m and manufacturing sites in the UK, Sweden and Switzerland.
Can the downstream achieve growth and sustainability?
The global hydrocarbon processing industry (HPI) is transforming beyond typical technical and management forms. This industry is making progress, and it is achieving more sustainability practices. Suc..
Consider olefin offgas as feed for ammonia production
Ammonia production using hydrogen (H2)-rich offgases is an established method, but it is practiced only in a handful of plants. The dynamics of new feedstocks in the petrochemicals industry coupled wi..
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- French Energy Ministry considers increasing oil refining capacity 3/23
- Schneider Electric global study shows energy industry ramping up investment in autonomous operations by 2030 as AI reshapes performance 3/23
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- HWI officially opens state-of-the-art Fulton (U.S.) lightweight monolithics facility 3/23
