Clariant (Muttenz, Switzerland; www.clariant.com) and Petronas Technology Ventures Sdn Bhd (PTVSB; Kuala Lumpur, Malaysia; www.petronas.com.my), a technology commercialization arm of Petronas, today announced that they have entered into a licensing Term Sheet Agreement. The licensing collaboration term sheet was formalized…
Invista (Wichita, Kan.; www.invista.com) broke ground on new hexamethylene diamine (HMD) and nylon 6,6 polymer plants at the Shanghai Chemical Industry Park in China. These facilities mark a key milestone in Invista’s plans for integrated nylon 6,6 facilities in the…
Solvay S.A. (Brussels, Belgium; www.solvay.com) has completed the acquisition of U.S.-based Plextronics Inc. to bolster its Organic Light Emitting Diodes (OLED) electronic display technology and launch a new development platform with a strong Asian foothold. With Plextronics, Solvay is expanding its know-how in emerging applications such as…
CB&I (The Woodlands, Tex.; www.cbi.com) has been awarded a contract by Shandong Sincier Petrochemical Co. for the license and engineering design of a grassroots propane and butane dehydrogenation unit to be built in Dongying, Shandong Province, China. The unit will…
Repsol’s (Madrid, Spain) Chemicals Division (www.chemicals.repsol.com) has entered into an agreement to license Chevron Phillips Chemical’s proprietary technology for production of metallocene-based polyethylene resins. Repsol will be implementing this technology in its existing integrated site in Tarragona, Spain, which already uses…
Sandvik Process Systems (SPS; Fellbach, Germany; www.processsystems.sandvik.com), a world leading supplier of sulfur processing & handling solutions for the oil-and-gas industry, has expanded its product portfolio by purchasing the proprietary technology and knowhow of the Brimrock Group Inc. (Calgary, Canada).…
JGC Corporation JGC Corp. (Yokohama, Japan; www.jgc.co.jp) and its partners GS Engineering & Construction (GS) and SK Engineering & Construction, both based in Korea, announced today that they received award notification by Kuwait National Petroleum Company (KNPC) to provide engineering,…
Bayer MaterialScience AG (Leverkusen, Germany; www.materialscience.bayer.de) is increasing its production capacities in the Asia/Pacific region to meet the continued growth in demand there for raw materials for coatings and adhesives. Ground was broken at the site in Shanghai, China, on…
Velocys plc (Plain City, Ohio; www.velocys.com) has entered a joint venture (JV) with Waste Management (www.wm.com), NRG Energy (NRG; www.nrgenergy.com), and Ventech Engineers International (Ventech; www.ventech-eng.com) to develop gas-to-liquids (GTL) plants in the U.S. and other select geographies. The JV…
The member companies of the Large Industrial Plant Manufacturers Ì Group (AGAB) at the German Engineering Federation (VDMA; Frankfurt am Main, Germany; www.vdma.org) booked orders worth €21.2 billion in 2013, a 3% increase year-on-year (2012: €20.5 billion). The industry is…