Petrochemicals
Siemens to supply compressor train for Saudi PTA plant expansion
Siemens Energy has received an order to supply a new compressor train as part of an expansion project at the Ibn Rushd PTA (purified terephthalic acid) plant in Saudi Arabia. The purchaser is Taiwan's CTCI Corp., the largest engineering, procurement, and construction (EPC) company in Taiwan.
Solutia buys US energy-saving films firm Southwall
US specialty chemicals producer Solutia has agreed to acquire California-based energy-saving films and glass products company Southwall Technologies for an aggregate equity purchase price of about $113 million.
Chemtura inks antioxidants supply deal in China
US-based specialty chemicals producer Chemtura has signed a long-term supply agreement with Tianjin Lisheng Chemical of PR China for production of Chemtura’s thioester antioxidants. Under the agreement, Lisheng exclusively supplies Chemtura with thioester antioxidants in all regions outside of Northeast Asia.
Huntsman opens textile chemicals hub in Brazil
Huntsman’s textile effects (TE) division has officially opened a formulation and distribution center (FDC) in Sao Paolo, Brazil, seeking to further enhance the company’s ability to shorten the supply chain in its Americas markets. The FDC will focus on the production of dyeing auxiliaries, pre-treatment and finishing products for local customers, the company said.
Albemarle opens environmental R&D facility in US
US-based specialty chemicals producer Albemarle has opened its new environmental research and development facility at its headquarters in Baton Rouge, Louisiana. This new facility will allow the newly-formed Albemarle Environmental Division to expand its capabilities into multi-pollutant control, while significantly growing its capabilities in environmental research, the company said.
FMC closes deal for European persulfates business
US-based chemical company FMC Corp. has completed its previously-announced acquisition of the European persulfates business of RheinPerChemie GmbH from Unionchimica SpA. The acquisition strengthens FMC Peroxygens' global reach and immediately broadens the company's product portfolio for Europe, the Middle East and Africa, it said.
Saudi Aramco, Dow see “significant progress” on chemical venture
The establishment of Sadara Chemical Company, a planned joint venture under formation between Dow Chemical and the Saudi Arabian Oil Company (Saudi Aramco), is making significant progress following the authorization by both companies in late July, officials from Dow said on Tuesday.
MAN Diesel to supply compressors for China plant
MAN Diesel & Turbo has secured an order for 24 compressor units for an integrated chemical complex in Chongqing, China, the company said on Wednesday. The order size is about €50 million.
RPM buys Europe fire protection, insulation group
RPM International said Wednesday that its performance coatings group has acquired the Grupo P&V group of companies, a leading European vertically integrated supplier of passive fire protection and insulation products. Headquartered in Barcelona, Spain, and with manufacturing in Villarana, Grupo has annual sales of approximately $23 million.
Quaker Chemical buys US lubricant firm G.W. Smith
US-based process chemicals firm Quaker Chemical has acquired G.W. Smith, a leading manufacturer and supplier of die cast lubricants. The acquired business has net sales of approximately $14 million.
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- Foundation stone laid for 1.2-MMtpy blue ammonia plant in Qatar 11/29
- U.S. labor board judge rules Exxon's Texas refinery union lockout was legal 11/28
- U.S. crude stocks fall, gasoline and distillate inventories rise 11/28
- Maersk could use 15%–20% alternative fuels for its fleet in 2030 11/28
- Germany's BSW pushes to restore Russian oil to Schwedt refinery, seeks regional legitimacy 11/28
