Lonza AG (Basel, Switzerland) announced an agreement for the sale of its Quakertown, Pa. site to a group of industry veterans and investors. The agreement is subject to relevant conditions. The financial terms of the transaction were not disclosed. The…
AGC Inc. (Tokyo) decided to increase the production capacity of AGC Vinythai Public Co. Ltd. (to be established in July 2022), a new company to integrate AGC’s chlor-alkali business in the Indochina Peninsula. The capacity increase is planned at two…
Solvay S.A. (Brussels, Belgium) announced the acquisition of the 20% minority stake of AGC in the Soda Ash JV operated in Green River, WY, building on its leadership position in trona-based soda ash production. Solvay is a global leader in…
INEOS (London) has awarded Técnicas Reunidas S.A. (TR; Madrid, Spain) a contract for the project management, engineering, procurement and construction management and supervision services for a world-scale ethylene plant in Europe. The facility, to be built in the Belgian port…
LyondellBasell Industries N.V. (Rotterdam, the Netherlands) announced that Jiangsu Hongjing New Material Co. Ltd. will use its Lupotech T high-pressure polyethylene technology at a new facility. The process technology will be used for two 200 kiloton per year (KTA) vinyl…
Abu Dhabi National Oil Company (ADNOC) and Mubadala Investment Company (Mubadala) announced a strategic transaction involving Borealis Group AG (Vienna, Austria), one of Europe’s leading petrochemical companies. Under this agreement, ADNOC will acquire a 25% shareholding in Borealis from Mubadala.…
DOMO Chemicals (Leuna, Germany) is investing to expand production capacity of TECHNYL polyamide in China to meet growing market demand This plan aims to meet growing demand in the automotive, electrical & electronics, and industrial consumer goods industries, and help…
Air Products (Lehigh Valley, Pa.) announced that Air Products San Fu Co. Ltd has been selected by one of the world’s largest semiconductor manufacturers to supply industrial gases to the customer’s new semiconductor manufacturing facility in Kaohsiung, Southern Taiwan. Air…
Air Liquide SA (Paris) and EZZ Steel (Cairo, Egypt), one of the leading steel producers in the Middle East and Africa, have signed a new longterm agreement for the supply of industrial gases to EZZ’s new plant in Ain Sokhna,…
Before being fed to the blast furnace, iron ore is first converted into pellets by, for example, a traveling-grate (TG) pelletizing plant. In this plant, so-called green pellets are conveyed through a furnace that heats the pellets to high temperatures…