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Petrochemicals

Momentive opens new US oilfield technology plant

The oilfield technology group (OTG) of Momentive Specialty Chemicals has started up a new manufacturing plant in Batesville, Ark., to provide additional resin coated proppants to fracturing service companies and operators in the oil and gas industry.

Amyris partners with Kuraray for development of renewable polymers

Renewable products firm Amyris has signed a collaboration agreement with Kuraray to develop innovative polymers from Biofene, a renewable hydrocarbon building block made using Amyris technology. Under the agreement, Kuraray will use Biofene to replace petroleum-derived feedstock such as butadiene and isoprene in the production of specified classes of high-performing polymers.

KBR wins technology, process design deal on China coal-based ammonia plant

KBR was awarded a contract by China National Coal Group Corp. to provide ammonia technology, process design package and technical services for two 1,660 tpd ammonia synloop units at a complex in Tuke Industrial Park, Erdos, Inner Mongolia, China.

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.