Petrochemicals
KBR wins technology deal for phenol/acetone plant in China
KBR has been awarded a contract from Lihuayi Weiyuan Chemical Co. to license its phenol technology for Lihuayi’s grassroots, 220,000 tpy phenol/acetone plant in Lijin County, Shandong Province, China.
Linde to build two air separation plants in China
Technology company The Linde Group has been commissioned to build and operate two large air separation plants to supply gases on site to the Chinese company Yantai Wanhua in Shandong (East China). The contract for the project, which will involve investment of around €130 million, was signed this week.
FMC forms agrochem distribution JV in Argentina
The agricultural products group of chemicals firm FMC Corp. has entered into a joint venture to form a new Argentine agrochemical distribution company named Ruralco Soluciones SA. FMC's partners in Ruralco are well-established agrochemical dealers previously associated with Argentine distributor Agropecuaria del Litoral, it said.
AkzoNobel to buy China specialty surfactants firm Boxing Oleochemicals
AkzoNobel has agreed to acquire China-based Boxing Oleochemicals, allowing it to strengthen its position in specialty surfactants while enhancing its manufacturing footprint in Asia, company officials said.
FMC to acquire Europe persulfates business of RheinPerChemie
US-based chemicals firm FMC Corp. has agreed to acquire the European persulfates business of RheinPerChemie GmbH from Unionchimica SpA. The acquisition will strengthen FMC Peroxygens' global reach by establishing a market position for persulfates in Europe, company officials said.
Braskem to buy global polypropylene business of Dow Chemical for $340mn
US-based Dow Chemical has agreed to sell its polypropylene (PP) business for $340 million to Braskem, a move which makes Braskem the top polypropylene producer in North America. The assets involved in the deal include two manufacturing plants in the US and two in Germany, with a total annual polypropylene production capacity of 2.3 billion pounds.
Rare earths sales likely to triple by 2015 - study
World demand for rare earths is forecast to expand by 7.1%/year to 180,000 metric tons by 2015, according to a new study from US industry market research firm The Freedonia Group. In dollar terms, sales are expected to more than triple from $3.0 billion in 2010 to $9.2 billion in 2015.
Dow plans water technology plant in Saudi Arabia
Dow Chemical said Tuesday that it plans to build a world-scale manufacturing facility for a reverse osmosis (RO) membranes plant in Saudi Arabia.
Statoil to supply ethane for NOVA Canada cracker
NOVA Chemicals has signed a memorandum of understanding with Statoil to secure a long-term supply of ethane from the Marcellus Shale basin. Financial terms were not disclosed.
Dow, Saudi Aramco JV wins board approval to build $20bn chemical complex
The boards of directors of Dow Chemical and Saudi Aramco have approved the formation of a joint venture (JV) to build and operate a world-scale, fully-integrated chemicals complex at Jubail Industrial City in Saudi Arabia.
- Nextchem (Maire) awarded feasibility studies contract for two plastic upcycling projects in Africa and Asia 3/24
- Ketjen and Aramco collaborate to support the development of next-generation FCC catalyst innovation 3/24
- UK government pledges £9 MM for new development projects at Mossmorran ethylene plant in Fife 3/24
- PetroChina reaches milestone on $10-B Dalian refining and chemical integration project 3/24
- ABB bolsters flow measurement portfolio with Ethernet-APL connectivity 3/24
- BASF’s Intermediates division produces entire portfolio of acid chlorides and chloroformates at its Ludwigshafen site using renewable electricity credits 3/23
