Polymers
SABIC plans new carbon fiber plant in Saudi Arabia
Saudi Basic Industries Corporation (SABIC) announced on Wednesday that it signed a technology agreement with Montefibre S.p.A (Montefibre) granting SABIC and its affiliates an extensive international licence on carbon fiber technology developed by Montefibre. SABIC said it will first use the technology for a new carbon fiber plant to be built in Saudi Arabia.
Tessenderlo to sell Europe PVC, chlor-alkali units to INEOS for €110mn
Tessenderlo will sell its polyvinyl chloride (PVC) and chlor-alkali businesses to INEOS subsidiary Kerling for €110mn, the companies said on Tuesday.
BASF raises compounding capacity for engineering plastics in Europe
BASF is increasing its compounding capacities for the engineering plastics Ultramid (polyamide) and Ultradur (PBT: polybutylene terephthalate) at its Schwarzheide site in eastern Germany by 10,000 metric tons/year, the company said on Tuesday.
Dow opens water technology R&D center in Spain
Dow Water & Process Solutions, a business unit of Dow Chemical, celebrated the grand opening of its Global Water Technology Development Center in a ceremony at the Dow facilities in Tarragona, Spain.
Momentive begins expansion of specialty ceramics plant in Ohio
Momentive Performance Materials has begun expanding specialty ceramic powders production at its manufacturing facility in Strongsville, Ohio, the company said on Friday.
BP unveils annual energy review, sees China passing US as top consumer
China became the world’s largest energy consumer in 2010, overtaking the US during a year which saw the global economic recovery drive consumption higher and at a rate not seen since the aftermath of the 1973 oil price shocks, BP said in its annual global energy review.
SKC to build new PET plant in South Korea
German engineering firm Uhde Inventa-Fischer said Monday that it had signed a contract to build a polyethylene terepthalate (PET) plant for SKC Co. at Jincheon in South Korea.
Chemtura to construct new China plant to serve petroleum additives, urethanes
US-based specialty chemicals firm Chemtura is planning to build a new multi-purpose manufacturing facility in Nantong, China, to serve its petroleum additives and urethanes businesses.
Dow to form carbon fiber JV with Turkey's Aksa
Dow Chemical, through its wholly-owned subsidiary Dow Europe GmbH, said it plans to form a joint venture to manufacture and globally commercialize carbon fiber and derivatives with Turkey’s Aksa Akrilik Kimya Sanayii A.Ş. (Aksa).
PPG buys South Africa distributor Ducol Coatings
US chemicals and coatings producer PPG Industries has acquired the business of Ducol Coatings, which has served as an importer and distributor of PPG’s automotive refinish products in South Africa since 2003.
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