WorleyParsons Ltd. (North Sydney, Australia; www.worleyparsons.com) reached an agreement to acquire MTG, Ltd. (Houston; www.mgtl.com). MTG is a management-consulting firm in the oil and gas, petrochemicals and chemicals industries with operations in North America, the U.K. and Australia. Completion of…
Momentive Specialty Chemicals Inc. (Columbus, Ohio; www.momentive.com) has announced that it has completed construction of its epoxy resin and curing agent production facility in Itatiba, Brazil. The company will hold an opening ceremony for customers on Friday, Sept. 19, 2014.…
Effective April 1st, 2014, the TER Plastics Polymer Group (Herne, Germany; www.terhell.de) took over the majority of the Polish Polimarky Performance Polymers in Rogoznica. The new TER Plastics subsidiary was subsequently renamed into Terez Performance Polymers. High performance compounds on…
ExxonMobil Corp. (Irving, Tex.; www.exxonmobil.com) affiliate Esso Norge AS has announced plans to install a new processing unit at the Slagen refinery to enable production of high-quality vacuum gas oil, a higher-yield feedstock used to create finished products, such as…
Virent, Inc. (Madison, Wis.; www.virent.com) has announced that The Coca-Cola Co. is making an additional investment in the company¹s development and commercialization of its bio-based paraxylene (PX), BioFormPX. This investment will enable Virent to scale up separation and purification of…
PRPC Refinery and Cracker Sdn. Bhd., a subsidiary under the Petroliam Nasional Berhad (Petronas) group, Malaysia’s national energy company has awarded the consortium of CTCI Corp. (Taiwan; www.ctci.com.ty), Chiyoda Corp. (Yokohama, Japan; www.chiyoda-corp.com) and three Malaysian companies — CCJV P1…
The final step in constructing a single organization to lead process automation communications and integration technologies was completed when the members of both the HART Communication Foundation (www.hartcomm.org) and Fieldbus Foundation (both Austin, Tex.; www.fieldbus.org) approved the merger proposed by…
The S&P index for chemical companies advanced by 3.8% in August, matching the 3.8% rebound experienced by the wider S&P 500, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). …
Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed an agreement to buy the Ryton PPS (polyphenylene sulphide) business from U.S.-based petrochemical company Chevron Phillips Chemical Co. for $220 million, expanding its offering of high-performance polymers and entering a solid growth market.…
Evonik Industries AG (Essen, Germany; www.evonik.com) has announced an expansion of its specialty silica capacities in Ako, Japan through a holding in DSL Japan Co. (DSL). Evonik holds 51% of shares in DSL, a joint venture with the Japanese Shionogi…