The preliminary value for the February 2022 CE Plant Cost Index (the most recent available) was higher than the previous month, continuing the steep monthly increases observed throughout 2021. The upward trend has been driven largely by equipment costs —…
MOL Group (Budapest, Hungary; www.molgroup.info) acquired ReMat Zrt., a recycler with production plants located in Tiszaújváros and Rakamaz, Hungary, and a logistics hub in Bratislava, Slovakia. ReMat is a market leading plastics recycler in Hungary with an annual processing capacity…
Plant Watch Repsol begins construction of Cartagena biofuels plant March 8, 2022 — Repsol S.A. (Madrid, Spain; www.repsol.com) began construction work on the first advanced biofuels plant in Spain at the company’s Cartagena refinery, which will produce fuels using waste…
Evonik (Marl, Germany; www.evonik.com) has invested a double-digit million euro sum to increase production capacity for isobutene derivatives at its Marl location. The isobutene part of the C4 production network produces the petrochemical specialties tertiary butanol (TBA), di-isobutene (DiB) and…
An official foundation stone-laying ceremony of the new propylene plant of MOL Petrochemicals Co. Ltd. (Tiszaújváros, Hungary; www.molgroupchemicals.com), took place in Tiszaújváros, Hungary today. The plant is built as a greenfield investment for 65 billion HUF and will produce 100,000…
Specialty chemicals company Clariant (Muttenz, Switzerland; www.clariant.com) today announced that it has joined the Renewable Carbon Initiative (RCI). The aim of the RCI is to support and accelerate the transition from the use of fossil carbon to the use of…
The value of the 2021 Chemical Engineering Plant Cost Index (CEPCI), calculated as an average of the monthly values for the year, was higher than the annual value for 2020 by a large margin, as the CEPCI has risen each…
thyssenkrupp’s Uhde High Pressure Technologies GmbH (Hagen, Germany). won an order from a company in the specialty chemicals sector to fabricate and supply a pharma-grade supercritical fluid extraction (SFE) plant. The scope of supply includes the skid-mounted plant, as well…
Koch Modular Process Systems, LLC (Paramus, N.J.; www.kochmodular.com), a provider of engineered and fabricated modular reaction and mass-transfer systems, today announced that they are expanding their ongoing business relationship with PureCycle Technologies, Inc. and will supply the modular recycling systems…
PPG (Pittsburgh, Pa.; www.ppg.com) today announced the opening of its new European Central Powder Coatings Research and Development (R&D) Center in Milan, Italy. The facility’s expanded capabilities, which include a customer application center, will enhance and accelerate powder coatings product…