Stamicarbon BV (Sittard, the Netherlands) announced the successful startup of Brunei Fertilizer Industries (BFI)’s new urea melt plant in Brunei. With a nameplate capacity of 3900 metric tons per day (m.t./d), the plant is the largest to be licensed by…
OQ (Muscat, Oman) is utilizing Univation Technologies' UNIPOL PE Process for its two 440,000-ton/yr polyethylene (PE) plants located within the Liwa Plastics Industrial Complex in Sohar, Oman. OQ started up these two world-scale plants with full-density polyethylene product capabilities allowing…
SABIC (Jubail, Saudi Arabia) has signed an agreement to purchase Clariant’s 50% stake in specialties company Scientific Design, currently a 50/50 joint-venture (JV) with SABIC. Subject to regulatory approval, expected in mid-2022, the transaction will give SABIC full ownership of…
Alpek S.A.B. de C.V. (San Pedro Garza Garcia, Mexico) has signed an agreement to acquire Oman-based OCTAL Holding SAOC. This acquisition forward-integrates Alpek into the high-value polyethylene terephthalate (PET) sheet business segment, closes the gap towards achieving its ESG goals,…
Hexion Holdings Corp. (Columbus, Ohio) announced that it has completed the sale of its epoxy-based Coatings and Composite businesses, which includes the epoxy specialty resins and base epoxy resins and intermediates product lines for approximately $1.2 billion to Westlake Chemical…
ExxonMobil Corp. (Houston) announced that it is streamlining its business structure by combining chemical and downstream companies and centralizing technology and engineering, and other support services, to better support customers, enhance performance and grow value. “Our transformed business structure enables…
Nouryon (Amsterdam, the Netherlands) announced the completion of its latest production facility to meet increasing global demand for innovative and sustainable chelates for the rapidly growing consumer cleaning industry. The startup of the new site in Herkenbosch, Netherlands is expected…
Elkem (Oslo, Norway) announced that it has secured 100% ownership of the Elkem Salten energy recovery plant, after acquiring the remaining 50% stake from Kvitebjørn Energi. The transaction is attractive to Elkem and provides increased strategic flexibility. On 15 November,…
Solvay S.A. (Brussels, Belgium) announced that it is expanding its production capacity of high-performance polymer Solef polyvinylidene fluoride (PVDF) at its site in Tavaux, France. Building on its previously announced PVDF capacity increase at its site in Changshu, China, this new project…
The Ensinger Group and INEOS Styrolution (Frankfurt, Germany) announced the joint agreement that Ensinger has acquired the StyLight thermoplastic composite materials business of INEOS Styrolution. The acquisition adds an exclusive SAN based product range to Ensinger’s comprehensive thermoplastic composite portfolio.…