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Axens to license process technologies for Meridian Energy refinery

Meridian Energy Group (Belfield, N.D.; www.meridianenergygroupinc.com) announced that the company has finalized a license agreement with Axens North America, Inc., a subsidiary of Axens (Rueill-Malmaison, France; www.axens.net), to define the underlying proprietary process technology for several of the refinery process…

Solvay inaugurates carbon-fiber production unit in South Carolina

Solvay SA (Brussels, Belgium; www.solvay.com) has inaugurated a new carbon-fiber production line at its Piedmont Facility in South Carolina, doubling production capacity of a key raw material to make carbon-fiber-reinforced composite materials and meeting increasing demand for lightweighting composite materials…

Royal DSM and NHU inaugurate polyphenylene sulfide joint venture

Royal DSM (Heerlen, the Netherlands; www.dsm.com) and specialty chemicals producer Zhejiang NHU Special Materials Co. (NHU) have officially inaugurated their joint venture (JV) company for polyphenylene sulfide (PPS) compounds, DSM NHU Engineering Plastics (Zhejiang) Co Ltd. The JV, which was…

Albemarle to acquire lithium hydroxide and lithium carbonate assets in China

Albemarle Corp. (Baton Rouge, La.; www.albemarle.com) has signed a definitive agreement to acquire the lithium hydroxide and lithium carbonate conversion assets and supporting business functions currently operated by Jiangxi Jiangli New Materials Science and Technology Co. Ltd. The transaction is…

Showa Denko and JX Nippon to buy out LyondellBasell’s stake in polypropylene JV

Showa Denko K.K. (SDK; Tokyo, Japan; www.sdk.co.jp), JX Nippon Oil & Energy Corp. (JX), and LyondellBasell Group (LYB; Rotterdam, the Netherlands; www.lyondellbasell.com) have reached final agreement concerning the sale and purchase of LyondellBasell’s shares in SunAllomer Ltd. (SunAllomer), a joint…

Prayon to license phosphoric-acid process technology for two new plants in Egypt

Prayon Group’s (Engis, Belgium; www.prayon.com) Prayon Technologies division, which specializes in the licensing of phosphoric acid processes, will provide a license and technical guidance for two new phosphoric acid plants to be built in Egypt, as part of the NCIC…

BASF opens construction chemicals plant in Sri Lanka

BASF SE (Ludwigshafen, Germany; www.basf.com) has opened its first production plant in Sri Lanka, which will produce standard and custom-made performance-based construction chemicals under the Master Builders Solutions brand, including concrete admixtures product. The new plant will allow BASF to…

Teijin to acquire DuPont’s stake in polyester-film JVs in Japan and Indonesia

Teijin Ltd. (Tokyo, Japan; www.teijin.com) announced that it has agreed to acquire the interests owned by E. I. du Pont de Nemours and Company (DuPont; Wilmington, Del.; www.dupont.com) in the companies’ film-business joint ventures (JVs) in Japan and Indonesia. The…

Altana invests €10 million in coatings and adhesives research facility

Specialty chemicals group Altana AG (Wesel, Germany; www.altana.com) has announced that its wholly owned subsidiary ACTEGA Rhenania GmbH, a globally leading coatings and adhesives specialist, is erecting a new laboratory building in Grevenbroich, North Rhine-Westphalia, Germany. The company is investing…

Wood Group awarded U.K. petrochem complex contract from Sabic

Wood Group (Aberdeen, Scotland; www.woodgroups.com) has been awarded a new contract by petrochemical manufacturer Saudi Basic Industries Corp. (Sabic; Riyadh, Saudi Arabia; www.sabic.com) in the U.K. Engineering design services will be provided to the Sabic Teesside complex in Wilton, U.K.…