LG Chem Ltd. (Seoul, South Korea) announced a plan to establish a plant in Daesan, Korea, with the capacity to produce 50,000 tons of hydrogen annually by the second quarter in 2024. This plant will be the first LG Chem…
Toray Industries, Inc. (Tokyo) announced the establishment of a joint venture (JV) with LG Chem, LG Chem Ltd. (Seoul, South Korea), in which Toray and LG Chem each hold a 50% interest, following the announcement on October 27, 2021 that…
Saint-Gobain Life Sciences announced the addition of their Suwa, Japan manufacturing facility for the production of C-Flex TPE tubing for use in bioprocessing. The capacity addition in Suwa is part of Saint-Gobain Life Sciences ongoing investment plan to globally expand…
Wood plc (Aberdeen, Scotland), has entered into a 10-year global master services agreement for engineering and project related services with Chevron Corp. (San Ramon, Calif.). The agreement can be used by all of Chevron’s business units and covers both offshore…
LyondellBasell (Rotterdam, the Netherlands) announced hat Levima Green (Shandong) Advanced Materials Co., Ltd. will use LyondellBasell’s Lupotech T high-pressure polyethylene (PE) technology at a new site. The Lupotech T process technology will be used for a 200,ooo metric tons per…
Albemarle Corporation (Charlotte, N.C.) inaugurated its third chemical conversion plant, La Negra III/IV, in Antofagasta as one of the most modern chemical conversion plants in Latin America. With new technology, the plant is expected to double lithium production and further…
Toyo Engineering Corp. (Tokyo), together with its Brazilian affiliate TOYO-SETAL Empreendimentos Ltda. (TSE), has been awarded a contract for detailed engineering, procurement, construction and commissioning by Petróleo Brasileiro S.A. (Petrobras, Rio de Janeiro) for the construction of a new Diesel…
Solvay S.A. (Brussels, Belgium) announced that its Changshu, China site has significantly increased production capacity for Solef PVDF, demonstrating the Group’s commitment to meeting the needs of customers worldwide. Solvay continues to extend its leadership position in the global lithium-ion battery market with…
Siemens AG (Munich, Germany) is further expanding its portfolio in the field of innovative predictive maintenance and asset intelligence with the acquisition of Senseye. The global industrial analytics software company is headquartered in Southampton, U.K. Senseye is a leading provider…
BASF SE (Ludwigshafen, Germany) has completed a double-digit million euro investment to increase production capacity for Tinopal CBS optical brighteners at its site in Monthey, Switzerland. Following phase one of the stepwise capacity increase in 2021, the recent completion of…