Petrochemicals
Europe chemicals growth lags forecast - report
European Union (EU) chemicals production in July grew by 0.8% compared with July 2010, according to the latest chemicals trends report released by the European Chemical Industry Council (CEFIC). However, that figure continues a trend of slower-than-expected growth, the group said.
NPRA to change name in 2012 to American Fuel & Petrochemical Manufacturers
Charles T. Drevna, president of the US-based National Petrochemical & Refiners Association (NPRA) trade group, announced on Tuesday that NPRA will change its name in January 2012 to the American Fuel & Petrochemical Manufacturers (AFPM).
Dow, OxyChem form chlorocarbon venture to meet rising refrigerants demand
Dow Chemical and Occidental Chemical (OxyChem) intend to form a joint venture to manufacture and market a new chlorocarbon solution that is a building block for advanced climate-friendly refrigerants, initially for use in automobile air conditioning systems.
Dow to spend $25mn/yr on US university R&D work
Dow Chemical has increased its investment in research and development programs with leading US universities with a $25 million/year commitment for 10 years. The investment will be distributed among 11 institutions to strengthen research in traditional scientific fields important to Dow and to the nation’s future, the company said.
PolyOne to buy specialty additives firm ColorMatrix
US-based specialty polymers firm PolyOne has agreed to acquire ColorMatrix, a leading global innovator in liquid colorants, additives and fluoropolymers, in a deal worth $486 million.
Oxea raises syngas capacity by 10% at Texas plant
Global chemical producer Oxea has increased its manufacturing capacity for syngas by 10% at its plant in Bay City, Texas, it said on Monday, seeking to further optimize its value-adding chains and boost product availability.
Halliburton acquires oilfield service firm Multi-Chem
Energy products and services major Halliburton has completed its previously-announced acquisition of oilfield chemicals firm Multi-Chem. Initially announced in September, the acquisition further strengthens Halliburton’s total offering while improving its competitiveness in a rapidly expanding global business, the company said.
HP Construction: South America
Foster Wheeler’s Global Engineering and Construction Group has been released to perform the second phase scope for an existing contract with Ecopetrol S.A. for modernization of the refinery in Ba..
HP Construction: Europe
A subsidiary of Foster Wheeler AG’s Global Engineering and Construction Group has a contract with Aibel AS to provide detailed design engineering services to support Aibel, which has been appoint..
HP Construction: Middle East
Fluor Corp. has been awarded an engineering, procurement and construction (EPC) contract by SAPCo, a joint-venture company being formulated between Saudi Acrylic Acid Co. and Evonik Industries, for it..
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