The preliminary value for the December CE Plant Cost Index (CEPCI; most recent available) decreased compared to the previous month’s value for the second consecutive month. Decreases in the Equipment and Buildings subindices for December 2017 offset small increases in…
Total S.A. (Paris, France; www.total.com), Borealis AG (Vienna, Austria.com; www.borealisgroup.com) and NOVA Chemicals Corp. (Calgary, Alberta, Canada; www.novachem.com) today announced that affiliates of the three companies have signed definitive agreements to form a joint venture (JV) in petrochemicals on the…
Stamicarbon B.V. (Sittard, the Netherlands; www.stamicarbon.com), the innovation and license company of Maire Tecnimont Group (www.mairetecnimont.com), has signed a license agreement for the construction of a greenfield urea melt plant owned by Brunei Fertilizer Industries SDN BHD, which will be…
Bestgrand Chemical Group has announced the successful start-up of its wet-gas sulfuric acid (WSA) plant – the world’s largest with a production capacity of 300,000 ton/yr of sulfuric acid. The plant will treat 131,000 tons of acid gas over-the-fence per…
LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) and A. Schulman, Inc. (Akron, Ohio; www.aschulman.com), a leading global supplier of high-performance plastic compounds, composites and powders, announced that they have entered into a definitive agreement under which LyondellBasell will acquire A. Schulman for…
CB&I (The Woodlands, Tex.; www.cbi.com) announced that it has been awarded a contract valued in excess of $95 million by Samsung Engineering (Thailand) Co. for a brownfield ethylene plant at PTT Global Chemical's (PTTGC) petrochemicals complex in Map Ta Phut,…
Inovyn (London, U.K.; www.inovyn.com) announced its intention to deliver a major expansion project at Rafnes Site, Norway. Through the Project, Inovyn will increase vinyl chloride monomer (VCM) capacity at the Site by around 70,000 metric tons per year (m.t./yr), which…
Air Products (Lehigh Valley, Pa.; www.airproducts.com) announced a definitive agreement to purchase ACP Europe SA (ACP), the largest independent carbon dioxide (CO2) business in Continental Europe. The transaction will complement Air Products’ European CO2 capabilities in core geographies where the…
Saipem S.p.A. (San Donato Milanese, Italy; www.saipem.com) has been awarded a new contract in the onshore E&C sector worth approximately $750 million. The work involves engineering, procurement, construction and commissioning (EPCC) in the framework of the development of the Duqm…
AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) has reinforced its commitment to customers in India following the inauguration of a new €9 million facility for the production of powder coatings. Located in Thane, Mumbai, the plant is the company’s sixth production site…