Vertex Energy, Inc. (Houston) announced the successful mechanical completion of its transformational renewable-diesel unit at the company's Mobile, Ala. refining facility. Mechanical completion of the renewable diesel unit has been successfully achieved. As the project team proceeds with commissioning the…
Clariant AG (Muttenz, Switzerland) announced the completion of the divestment of its North American Land Oil business to Dorf Ketal (Mumbai, India), a specialty chemicals manufacturer and service provider headquartered in India, for $14.5 million on 31 March 2023. Clariant’s…
Ineos (London) announced that INEOS Phenol completed its acquisition of the entire asset base of Mitsui Phenols Singapore Ltd from Mitsui Chemicals, a leading Japanese chemicals manufacturer, for a total consideration of $330 million. The business has a turnover of…
A new joint venture — Envalior — has emerged from the combination of two industry leaders in engineering materials – DSM N.V. (Heerlen, the Netherlands) Engineering Materials (DEM) and Lanxess AG (Cologne, Germany) High Performance Materials (HPM) – under the…
Chevron Lummus Global LLC (CLG) announced a recent contract award from Petróleo Brasileiro S.A. (Petrobras) for a new 12,580 barrel/day (bbl/d) hydroisodewaxing (HIDW) unit at the GasLub Hub, a lubricant plant in Itaboraí, Rio de Janeiro state, Brazil. Chevron Lummus…
Venator Materials PLC (Wynyard, U.K.) announced that it has completed the sale of its Iron Oxide business to Cathay Industries. The enterprise value of the transaction was $140 million and Venator expects to receive cash proceeds of approximately $130 million…
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P-XYLENE FROM CO2 Last month, a Japanese consortium announced the successful production and purification of p-xylene produced from CO2 at pilot scale. The University of Toyama (www.u-toyama.ac.jp), Chiyoda Corp. (www.chiyodacorp.com) and HighChem Co., Ltd. (www.highchem.co.jp) have been collaborating on producing…
For the first time, a hydrocarbon-based membrane has passed the performance and durability testing standards set by the U.S. Dept. of Energy (DOE; Washington, D.C.; www.energy.gov) for heavy-duty fuel-cell applications. Typically, membranes in fuel cells are made of perfluorinated materials…
Chemical recycling of waste polyolefins is difficult to achieve economically partly because of the stability of carbon-carbon bonds in the plastics. In a new approach, researchers at Pacific Northwest National Laboratory (PNNL; Richland, Wash.; www.pnnl.gov) and the Technical University of…