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Petrochemicals

PPG, Harsha to form India fiber glass joint venture

PPG Industries signed a letter of intent with India-based Harsha Exito Engineering to establish a 50-50 joint venture for the manufacture and sale of fiber glass reinforcement products.

Honeywell unit to provide production technology on China petrochemical project

Honeywell’s UOP has been selected by Jiangsu Haili Chemical Industry Co. to provide technologies for the production of propylene, cumene and phenol at its facility in Dafeng City, Jiangsu Province, China.

A Schulman to close US engineered plastics plant

Citing an uncertain economy, A Schulman plans to close its engineered plastics plant in Nashville, Tennessee, and consolidate manufacturing to its remaining North American manufacturing sites, the US-based compounder said on Thursday.

Cabot divests supermetals business for $400mn

US-based specialty chemicals and performance materials firm Cabot has agreed to sell its Supermetals business to Global Advanced Metals (GAM) for a minimum of $400 million in total cash consideration, company officials announced on Thursday.

Alfa Laval to supply heat exchangers for China petrochemical plant

Alfa Laval has received an order for compact heat exchangers for a petrochemical plant in China, the company said on Wednesday. The order value is about SEK 50 million and delivery is scheduled for 2012.

Petrochemical demand on decline amid soft global economy - report

Prices for petrochemicals, used as the raw materials for many intermediates, derivatives and downstream chemicals, declined in July, representing the first decrease in 10 months, according to a report issued Wednesday by Fitch Ratings.

Air Products starts electronic materials R&D plan with China university

Air Products initiated a joint research and development (R&D) project with the sustainable energy laboratory of the China University of Geosciences Wuhan to accelerate the development of materials for the microelectronics industry.

Foster Wheeler awarded EPCm contract for Engen South Africa pipeline project

Foster Wheeler has been awarded a contract by Engen Petroleum for engineering, procurement and construction management (EPCm) services for Engen’s new multi-products pipeline feeder lines and infrastructure project at the company’s Durban refinery in South Africa.

Dow polypropylene process technology chosen for new Qinghai unit in China

The Qinghai Salt Lake Industry Co. has selected the UNIPOL polypropylene process technology from Dow Chemical for its new 160,000 tpy polypropylene unit in China. The unit will provide polypropylene as part of Qinghai’s integrated magnesium metal project to produce homopolymers, random copolymers and impact copolymers.

Hurricane Irene forms in Atlantic, may hit Carolina polymer sites by weekend

Hurricane Irene formed early Monday near Puerto Rico, making it the first such storm of the 2011 Atlantic tropical season, according to the US National Hurricane Center (NHC). Irene is expected to strike the southeastern US coast near South Carolina or North Carolina over the upcoming weekend as a major hurricane, with winds of at least 115 miles/hour.