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Indorama to acquire selected Cepsa assets in Spain

Indorama Ventures Public Co. Ltd. (IVL; Bangkok, Thailand; www.indorama.net) has signed an agreement to purchase the purified isopthalic acid (PIA), polyethylene terephthalate (PET) and purified terephthalic acid (PTA) business of Compañía Española de Petróleos S.A.U. (CEPSA Spain) in Guadarranque-San Roque,…

Celanese announces acetic acid and vinyl acetate monomer capacity expansions in Texas

Celanese Corp. (Irving, Tex.; www.celanese.com) announced that it will expand acetic acid and vinyl acetate monomer (VAM) capacity in North America. Celanese will implement a series of low-capital debottlenecks in its Clear Lake, Tex., acetic acid facility and expects up…

Johnson Matthey to provide methanation technology for Inner Mongolia coal-to-chemicals plant

Inner Mongolia Lianhe Energy Co. has entered into a contract with Johnson Matthey Process Technologies (JMPT; London, U.K.; www.matthey.com) for the supply of a methanation technology license, engineering, catalysts and technical services for a major new coal-to-chemicals plant.   The plant,…

FSA representatives negotiate sealing-device inclusion in WTO Environmental Goods Agreement

Representatives of the Fluid Sealing Association (FSA; Wayne, Pa.; www.fluidsealing.com) and the European Sealing Association are leading efforts to create a new market access platform for sealing device technology with the World Trade Organization's "Environmental Goods" Trade Agreement. Seventeen trade…

Solenis announces acquisition in Brazil

Solenis (Wilmington, Del.; www.solenis.com) announced that it has signed a definitive agreement to purchase 100% of the shares of Quimatec Produtos Químicos Ltda. (www.quimatec.com.br) and Locatec de Araraquara Ltda-Me, both located in Brazil. The transaction is expected to close by…

Gevo enters licensing agreement with Praj for renewable isobutanol technology

Gevo, Inc. (Englewood, Colo.; www.gevo.com) has entered into a license agreement and a joint development agreement with Praj Industries Ltd. (Pune, India; www.praj.net) to enable the licensing of Gevo’s isobutanol technology to processors of non-corn-based sugars, including the majority of…

DuPont names Edward Breen as new CEO

DuPont’s (Wilmington, Del.; www.dupont.com) board of directors announced that it has named Edward D. Breen the company’s chair and chief executive officer (CEO), effective immediately. Breen has served as interim chair and CEO of DuPont since October 16, 2015, and…

Ineos to import U.S. ethane for ExxonMobil-owned ethylene plant in Scotland

Ineos (Rolle, Switzerland; www.ineos.com), ExxonMobil Chemical Limited (www.exxonmobilchemical.com) and Shell Chemicals Europe B.V. announced a longterm sale and purchase agreement to secure ethane from U.S. shale gas for the Fife Ethylene Plant (FEP) at Mossmorran in Scotland, from mid 2017.…

LyondellBasell announces new chief financial officer

LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced that Thomas Aebischer has been appointed executive vice president and chief financial officer (CFO) effective Jan. 1, 2016. "Thomas is a highly experienced and accomplished leader who brings a global perspective, deep knowledge of…

DuPont to merge packaging and performance polymers businesses

DuPont (Wilmington, Del.; www.dupont.com) announced the consolidation of its DuPont Packaging & Industrial Polymers business with its DuPont Performance Polymers business, as well as the consolidation of the DuPont Protection Technologies business with the DuPont Building Innovations business.  Both consolidations…