Clariant AG (Muttenz, Switzerland) announced that it has reached a definitive agreement for the divestment of its Quats business to Global Amines Company Pte. Ltd., a 50/50 joint venture owned by Clariant and Wilmar, Asia’s leading agricultural business and oleochemicals…
Honeywell International Inc. (Charlotte, N.C.) completed the engineering assessment for Pengerang Energy Complex (PEC) Greenfield Integrated Condensate Splitter & Aromatic Complex located in Johor, Malaysia. The project is slated to be fully operational in 2026 and will produce 2.3 million…
Mitsui Chemicals, Inc. (Tokyo) announced plans to bolster capacity at its Singapore-based wholly owned subsidiary Mitsui Elastomers Singapore Ltd. by building a new plant to produce the high-performance elastomer Tafmer. The new plant will be located at the company’s Jurong…
Axens (Rueil-Malmaison, France) and Hyundai Chemical Co. successfully started up a new pyrolysis gasoline (Pygas) unit, part of the Hyundai Chemical petrochemical grassroots complex in Daesan, South Korea. The product has been on-specification regarding the aromatics recovery and the sulfur…
Kraton Corp. (Houston) announced an expansion project for its hydrogenated styrenic block copolymers (HSBC) Joint Venture (JV) manufacturing facility in Mailiao, Taiwan. The HSBC JV plant is held between Kraton and Formosa Petrochemical Corp. This project will increase the capacity…
McDermott International, Inc. (Houston) has been awarded a Front-End Engineering Design (FEED) contract from Viva Energy Australia as part of its Geelong Refinery project to provide additional desulfurization capabilities. The award follows the successful completion of the Pre-FEED activity and…
Henkel Korea has announced the completion of its state-of-the-art Songdo Plant within the Songdo High-tech Industrial Cluster in Incheon, which will become the Asia-Pacific production hub for high-impact electronics solutions of the Adhesive Technologies business unit. Henkel Korea signed a…
BASF SE (Ludwigshafen, Germany) has started producing fuel performance additives at its Pudong site in Shanghai, China. The new plant addresses the increasing regional demand for fuel performance additives and brings greater supply security and flexibility to customers in Asia.…
INEOS Phenol has today announced that it has agreed to acquire the entire asset base of Mitsui Phenols Singapore Ltd from Mitsui Chemicals, Inc. (Tokyo) for a total consideration of $330 million. The business has a turnover of $750 million…
SK Geo Centric (Seoul, South Korea) will partner with Saudi Arabia’s global chemical company SABIC (Riyadh, Saudi Arabia) for a joint investment related to the the construction and expansion of high-value chemical products plants with specific focus on polyolefin elastomer…