Praxair, Inc. (Danbury, Conn.; www.praxair.com), through a subsidiary, has signed a longterm contract to supply industrial gases to Nanjing Jinling Huntsman New Materials Co., Ltd., a joint venture (JV) between Sinopec Jinling and Huntsman Corp. (The Woodlands, Tex.; www.huntsman.com). Jinling…
Elasto Sweden AB (Åmål, Sweden), part of the Hexpol TPE Group (www.hexpoltpe.com), has announced plans to invest in a new thermoplastic elastomer (TPE) production line at their facility in Åmål, Sweden. The plans include high-quality twin-screw technology, advanced raw material…
Flint Hills Resources, LLC has announced that it is moving forward with a significant expansion of its chemicals business with the completion of its acquisition of PetroLogistics LP (Houston; www.petrologistics.com) and its general partner, PetroLogistics GP LLC. The $2.1 billion…
Citing data from the U.S. Federal Reserve (Washington, D.C.; www.federalreserve.gov), the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) said in its latest Weekly Chemistry and Economic Report that overall production for the U.S. chemical industry increased by 0.7 percentage points…
BASF SE (Ludwigshafen, Germany; www.basf.com) has inaugurated its new production plant for mobile emissions catalysts in Sroda Slaska, a Special Economic Zone near Wroclaw, Poland. The grand-opening event was attended by a number of national and local government officials, including…
AGY (Aiken, S.C.; www.agy.com), a global producer of glass-fiber yarns and glass-fiber reinforcements, has announced the start of production of S-1 HM glass in conjunction with CTG/Taishan Fiberglass. The material was developed by AGY and will be produced by CTG/Taishan…
Evonik Industries AG (Essen, Germany; www.evonik.com) is building a new production plant for polymer dispersants at the Goldschmidtstrasse site in Essen. The specialty chemicals company is thus investing an amount in the double-digit-million-euro range and is tripling its global capacity…
Stepan Co. (Northfield, Ill.; www.stepan.com), through its subsidiary in Brazil, has reported that it has reached an agreement with Procter & Gamble do Brasil S.A. to acquire their sulfonation production facility in Bahia, Brazil subject to approval by the Brazilian…
3M (St. Paul, Minn.; www.3m.com) announced that it will acquire, through Sumitomo 3M, Sumitomo Electric Industries Ltd.’s 25% percent interest in Sumitomo 3M Ltd. for approximately $885 million. Upon completion of the cash transaction, 3M will own 100% of Sumitomo…
Evonik Industries AG (Essen, Germany; www.evonik.com) has closed on an equity investment in Biosynthetic Technologies, LLC (BT; Irvine, Calif.; www.biosynthetic.com), a specialist in biobased lubricants. BT has developed and manufactures a new class of bio-based synthetic oils called estolides that…