Praxair Inc. (Danbury, Conn.; www.praxair.com) announced it has started up its new air separation plant for Nanjing Jinling Huntsman New Materials Co., Ltd., a joint venture between SINOPEC Jinling and Huntsman. Through a long-term contract, the 900-ton-per-day plant will supply…
Audubon Engineering Solutions (Houston; www.auduboncompanies.com), a global provider of engineering, procurement, and construction (EPC) services for the oil & gas, petrochemical, refining, and pipeline markets, announced that it has signed a teaming agreement with Chevron Phillips Chemical (The Woodlands, Tex.;…
PJSC KuibyshevAzot, one of the leading companies of the Russian chemical industry, and Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.it) jointly announced the incorporation of a joint-venture (JV) to develop, build, finance, maintain and operate a green-field urea plant, to be…
H.B. Fuller Co. (St. Paul, Minn.; www.hbfuller.com) has signed an agreement to purchase adhesives company, Adecol Ind. Química, Limitada, a manufacturer of quality adhesive technologies in Brazil. Adecol works closely with customers to develop innovative, high-quality hot-melt, reactive and polymer-based…
Fluor Corp. (Irving, Tex.; www.fluor.com) announced that Bruce Stanski has been appointed as Fluor’s chief financial officer (CFO) effective Aug. 4, 2017, replacing Biggs Porter, whose retirement was previously announced in March. Porter will continue to support Fluor as an…
Half a year after the announcement of the 2030 strategy, MOL Group (Budapest, Hungary; https://molgroup.info/en) has reached an important milestone in its industrial transformational journey. The license agreements signed with Evonik Industries AG (Essen, Germany; www.evonik.com) and thyssenkrupp AG (Essen,…
LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced that Liaoning Bora Petrochemical Co., Ltd, has selected LyondellBasell’s world leading polypropylene (PP) and polyethylene (PE) technologies for three new plants. The plants will be constructed in its new petrochemical complex in Panjin, Liaoning…
AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) announced Thierry Vanlancker as its new CEO, as current chief Ton Büchner steps down with immediate effect due to health reasons. Büchner joined AkzoNobel in 2012 and has been responsible for significantly improving the performance…
Axalta Coating Systems (Philadelphia, Pa.; www.axaltacs.com) has made a binding offer to acquire the European and Chinese operations of IVA, one of the world’s leading wire-enamel manufacturers, from its parent company Superior Essex. IVA, which has been in operation since…
The preliminary value for the May CE Plant Cost Index (CEPCI; most recent available) rose compared to the previous month’s value, making it the eighth straight month of increasing values. New data for carbon-steel plates pushed the Equipment subindex…