Polymers
Formosa eyes new olefins cracker in Texas
Formosa Plastics will build a 800,000 tpy olefins cracker, a 600,000 tpy propane dehydrogenation unit and a 300,000 tpy low-density polyethylene plant at its Point Comfort site.
US chemical production shows improvement
January 2012 output rose on both a month-on-month and year-on-year basis, according to monthly figures from the American Chemistry Council (ACC) trade group.
Honeywell opens new technology hub in India
The company says the center will expand its development in downstream sectors such as refining, petrochemicals and nylon technologies and applications.
NatureWorks, BioAmber form biopolymers venture
Bioplastics major NatureWorks and next-generation chemicals company BioAmber have teamed up to form AmberWorks, a joint venture to bring new performance bio-based polymer compositions to market. The JV seeks to develop a new family of bio-based compounded polymer solutions.
Jacobs wins engineering work on four Arkema PVC projects in China
Jacobs said it won four contracts from Arkema France for basic engineering services to support the provision of Arkema's proprietary suspension and emulsion technology to four of its clients in China. As currently planned, the four new projects in China will add more than 4 million tpy of PVC capacity.
SI Group plans new phenolic resin plant in China
US-based SI Group said Friday that it plans to invest $30 million to build an additional phenolic resin manufacturing site in the Nanjing Chemical Industry Park (NCIP) in China. The site, chosen because of strong logistics operations and access to raw materials, is set to commence operation in May 2013.
HP Construction: Asia-Pacific
The Linde Group is set to build and operate a new hydrogen plant in the Jilin Chemical Industrial Park (JCIP) in northeast China. The company will be investing around €42 million in the first pha..
HP Impact: Bio-based polymers could be next big thing
Biofuels and bio-based chemicals have been promoted as a potential solution for dependence on petroleum. They also have favorable greenhouse gas emissions compared to fossil fuels and petrochemicals b..
Georgia Gulf rejects revised takeover bid from Westlake Chemical
Georgia Gulf on Wednesday rejected the revised takeover bid from US-based Westlake Chemical, which bumped its offer to $35/share from an earlier $30/share. The company said the offer was far from compelling and did not represent an appropriate price to discuss the sale.
Eastman to buy US specialty chemicals firm Solutia in $4.7 billion deal
Eastman Chemical has agreed to acquire US-based specialty chemicals and performance materials firm Solutia, a global leader in performance materials and specialty chemicals, in a deal valued at about $4.7 billion (including debt). The deal is expected to close in mid-2012.
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- Exxon shut Joliet, Illinois, refinery after power outage 7/17
- ExxonMobil introduces Enable™ 1617 performance polyethylene 7/17
- Essar launches hydrogen power plant at Stanlow refinery (U.K.) 7/16
- Trelleborg partners with Airbus on hydrogen-powered air travel 7/16
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- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries