Toyo Tire & Rubber Co. (TTR; Hyogo, Japan; www.toyo-rubber.co.jp) has announced the divestiture of a significant portion of its chemicals-related assets. TTR will divest its Rigid Polyurethane Foam Business (including real estate, facilities, intellectual property rights and other assets owned…
LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced that Shandong Shougang Luqing Co. has selected LyondellBasell’s Hostalen Advanced Cascade Process (ACP) polyethylene process technology for a high-density polyethylene (HDPE) unit to be built in their petrochemical complex at Bohai Industry Park, Shouguang, Shandong…
Eastman Chemical Co. (Kingsport, Tenn.; www.eastman.com) announced a planned expansion of its copolyester site in Kuantan, Malaysia. The expansion is expected to be complete in the first quarter of 2018 and will increase PETG (polyethylene terephthalate glycol-modified ) capacity by…
Evonik Industries AG (Essen, Germany, www.evonik.com) is building a new production plant for specialty copolyesters at its Witten site in Germany. As binders for paints, specialty copolyesters are used in coil coatings and, increasingly, in food can coatings. The company…
Wood Group plc (Aberdeen, Scotland; www.woodgroup.com) has been awarded a five-year, multimillion dollar contract by Phillips 66 to provide supplemental maintenance services and support for small capital construction projects and turnarounds to the Sweeny Refinery, approximately 65 miles southwest of…
Total S.A. (Paris, France; www.total.com) is pleased to announce that the Boards of Total and A.P. Møller – Mærsk have both approved the acquisition of 100% of the equity of the E&P company Maersk Oil & Gas A/S (Maersk Oil;…
The Linde Group (Munich, Germany; www.the-linde-group.com) has been awarded with the engineering and supply of a modular hydrogen manufacturing unit for St1 Refinery in Gothenburg, Sweden. Linde’s Engineering Division (www.linde-engineering.com) will start the engineering and construction of the unit immediately,…
BASF SE’s (Ludwigshafen, Germany; www.basf.com) New Business unit has acquired 100% of the filament producer Innofil3D, headquartered in Emmen, the Netherlands. Approval from antitrust authorities is not required. “With this acquisition, BASF is moving one step further along the value…
Linde North America Inc. (Bridgewater, N.J.; www.lindeus.com) has successfully commenced supplying ultra-high purity hydrogen and steam to Wacker Chemie AG (Munich, Germany; www.wacker.com) for its polysilicon plant located in Charleston, Tennessee. Wacker’s state-of-the-art multi-product facility, which recently began operating in…
The preliminary value for the June CE Plant Cost Index (CEPCI; most recent available) dipped slightly compared to the previous month’s value, and although the decrease was small, it ends a string of eight straight months of increasing values. All…