Huntsman Corporation (The Woodlands, Tex.; www.huntsman.com) announced that it has signed a definitive agreement with Sasol Ltd. (Johannesburg, South Africa; www.sasol.co.za) to acquire the 50% interest that Huntsman does not own in the Sasol-Huntsman maleic anhydride joint venture (JV). The…
BASF SE (Ludwigshafen, Germany; www.basf.com) plans to invest in a second production plant for tert-butylamine (tBA) at BASF Specialty Chemicals Co. Ltd (BSNJ) in Nanjing, China. With this expansion, BASF’s global annual production capacity of tBA will increase by more…
Arkema (Colombes, France; www.arkema.com) announced that its Bostik business unit will acquire Prochimir, a company specializing in high-performance thermobonding adhesive films. This acquisition would enable Bostik to broaden its offering of solvent-free thermobonding solutions earmarked for many fast-growing industrial applications…
Evonik Industries AG (www.evonik.com) and thyssenkrupp Industrial Solutions AG (both Essen, Germany; www.thyssenkrupp-industrial-solutions.com) have agreed to grant a license for HPPO (hydrogen peroxide to propylene oxide) Technology to Zibo Qixiang Tengda Chemical Co. to produce propylene oxide. Corresponding agreements were…
According to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), the U.S. Chemical Production Regional Index (U.S. CPRI) rose by 0.2 percent in June, following a 0.4 percent gain in May and a 0.3 percent gain in April. During June,…
McDermott International, Inc. (Houston; www.mcdermott.com) announced that it has been awarded a sizeable technology contract by Indian Oil Corp. Ltd. (IOCL) for the technology license, basic engineering, proprietary equipment, training and technical services for a grassroots Fluid Catalytic Cracking (FCC)…
As part of the portfolio upgrade announced in September 2018, Clariant (Muttenz, Switzerland; www.clariant.com) will continue with the divestment of the Pigments business and has decided to also divest the entire Masterbatches business including both, standard and high value Masterbatches.…
Nouryon (Amsterdam, the Netherlands; www.nouryon.com) has acquired Zhejiang Friend Chemical Co. (Friend), the largest Chinese producer of triethyl aluminum (TEAL) – a metal alkyl used in the production of high-volume polymers, such as polypropylene and polyethylene. The acquisition will substantially…
KBR (Houston; www.kbr.com) announced today that, following a Final Investment Decision from Methanex Corp. (Vancouver, B.C., Canada; www.methanex.com) , approval has been given to begin work on the detailed Engineering, Procurement and Construction (EPC) phase of Methanex's Geismar 3 methanol…
Air Liquide (Paris; www.airlqiuide.com) and Shell Chemicals, one of the world’s leading chemicals suppliers, signed renewal contracts for the supply of Oxygen, Nitrogen, Steam and Electricity to Shell’s Scotford facility near Fort Saskatchewan, Alberta, Canada. To support this renewed long-term…