Plant Watch Ineos licenses HDPE process technology in Turkmenistan June 10, 2014 — Ineos Technologies (Rolle, Switzerland; www.ineos.com) has licensed its Innovene S process technology for the Turkmengas petrochemical complex in the Balkan Region of Turkmenistan. The new complex will…
BASF SE (Ludwigshafen, Germany; www.basf.com), Huntsman Corp., Shanghai Hua Yi (Group) Co., Shanghai Chlor-Alkali Chemical Co. and Sinopec Group Assets Management Corp. held a ceremony today kicking off the construction of a new plant with a production capacity of 240,000…
Evonik Industries AG (Essen, Germany; www.evonik.com) is making an investment in the double-digit-million euro range in a new research center at the Rheinfelden, Germany site. Starting at the beginning of 2016, research into silanes will be carried out in modern…
Ineos (www.ineos.com) will acquire BASF SE’s (Ludwigshafen, Germany; www.basf.com) 50% share in Styrolution, a joint venture between the companies. The purchase price to be paid by Ineos amounts to €1.1 billion. A call option in favor of Ineos to buy…
Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed a definitive agreement with Ineos to create a strong player in chlorovinyls, to be named Inovyn. The joint venture (JV) is expected to be effective by year-end following the divestments required by the…
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by Glencore Oil Projects AG for the engineering and material supply of a steam reformer heater for…
Outotec Oyj (Espoo, Finland; www.outotec.com) has agreed with Nyrstar, a global integrated mining and metals company, to provide Outotec Ausmelt technology to the Port Pirie redevelopment in South Australia. Outotec will provide a technology licence, engineering, proprietary equipment and advisory…
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) says that it was awarded a contract to support Ashta Chemicals Inc. in making significant upgrades to its chlorine and potassium-based chemicals plant located in Ashtabula, Ohio. Company officials did not disclose the…
Oxea (Oberhausen, Germany; www.oxea-chemicals.com) says that its specialty esters plant in Nanjing, China, is now mechanically complete. After a construction period of slightly more than fifteen months the new state-of-the-art plant is currently in the commissioning and startup phase. The…
ExxonMobil Chemical Co. (Houston; www.exxonmobile.com) says that it has started construction of a multi-billion dollar ethane cracker at its Baytown, Tex., complex and associated premium product facilities in nearby Mont Belvieu. This project, and major investments ExxonMobil has made to…