Mobile Navigation

Wood Group to acquire industrial contractor Infinity for $150 million

Wood Group (Houston; www.woodgroup.com) has agreed to acquire The Infinity Group, a family-owned Texas Gulf Coast industrial construction and maintenance contractor serving the petrochemical, refining and gas processing sectors, for an initial consideration of $150 million. Established in 1952, Infinity…

Fluor completes work on BASF-Sinopec isononanol plant

Fluor Corp. (Irving, Tex.; www.fluor.com) has completed a world-scale isononanol (INA) plant for BASF and China Petroleum & Chemical Corporation (Sinopec) in the Maoming Hi-tech Industrial Development Zone, Maoming, China. The plant, which is a first-of-its-kind in China, was recently…

Platform Specialty Products closes Alent acquisition; announces launch of MacDermid Performance Solutions

Platform Specialty Products Corp. (West Palm Beach, Fla.; www.platformspecialtyproducts.com), a global diversified specialty chemicals company, announced that the scheme of arrangement with Alent plc (Woking, U.K.; www.alent.com), dated August 17, 2015, including the terms and conditions of Platform's previously-announced recommended…

UOP to provide methanol-to-olefins technology to Chinese company LUXI

LUXI Chemical Group Co., Ltd. will use Honeywell UOP’s (Des Plaines, Ill.; www.uop.com) Advanced Methanol-to-Olefins (MTO) process to convert methanol derived from gasified coal into 293,000 metric tons per year (m.t./yr) of ethylene and propylene at its facility in Liaocheng,…

Invista and LanzaTech announce breakthrough for bio-based butadiene production

Invista (Wichita, Kan.; www.invista.com) and LanzaTech (Skokie, Ill.; www.lanzatech.com) have developed a metabolic ‘toolkit’ that has been successfully applied to generate novel metabolic pathways to bio-derived butadiene and key precursors, such as 1,3 butanediol and 2,3 butanediol, resulting in new…

LyondellBasell to acquire PP compounding assets of Indian company Zylog

LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced that it has entered into a definitive agreement to acquire the polypropylene (PP) compounding assets of Zylog Plastalloys Ltd. (Zylog) of India. Upon completion of the acquisition, LyondellBasell will double its automotive customer base…

Indorama acquires Indian PET producer MicroPet

Indorama Ventures Public Ltd. (IVL; Bangkok, Thailand; www.indorama.net) announced the acquisition of Indian polyethylene terephthalate (PET) manufacturer Micro Polypet Private Limited (MicroPet), subject to necessary legal approvals. Situated in Panipat district, Haryana state, India, the plant is 90 km north…

Linde to build liquid-producing ASU in Bangladesh

The Linde Group’s (Munich, Germany; www.linde.com) subsidiary Linde Bangladesh Ltd. announced an investment of BDT 1.2 billion (€14.6 million) in Rupganj to build an air separation unit (ASU) producing approximately 100 metric tons per day (m.t./d) of liquefied gases, making…

Shell invests in alpha-olefins capacity expansion at Geismar site

Shell Chemical LP (Houston; www.shell.com/chemicals) has announced the final investment decision to increase alpha olefins (AO) production at its chemical manufacturing site in Geismar, La., making the site the largest AO producer in the world. Shell will construct a fourth…

Velocys completes GTL pilot-plant tests

Velocys plc (Plain City, Ohio; www.velocys.com) has announced the successful completion of gas-to-liquids (GTL) pilot-plant tests that demonstrate significant process intensification, increasing capacity and productivity and improving commercial plant economics. The tests demonstrate that continuous improvements over the last 18…