LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced that it has entered into a definitive agreement to purchase a 50% stake in Quality Circular Polymers (QCP), a high standard plastics recycling company in Sittard-Geleen, Netherlands. Under the terms of the agreement, LyondellBasell will be…
Sumitomo Chemical Corp. (Tokyo; www.sumitomo-chem.co.jp) has begun construction of a new plant in Changzhou City, Jiangsu Province that will produce high-purity chemicals for semiconductor manufacturing. The new facility, located at Sumika Electronic Materials (Changzhou) Co., is Sumitomo’s second high-purity chemicals…
AkzoNobel’s (Amsterdam, the Netherlands; www.akzonobel.com) Specialty Chemicals business has broken ground at its Kvarntorp plant in Sweden as part of a project to expand production capacity for chelated micronutrients, which are used as essential minerals in the agricultural market. The…
Eni S.p.A. (Rome, Italy; www.eni.com) announced the launch of Lotte Versalis Elastomers’ new integrated industrial complex for the production of elastomers in Yeosu, South Korea. Lotte Versalis Elastomers is a 50:50 joint venture between Versalis (Eni) and Lotte Chemical, a…
Saudi Aramco (Dhahran, Saudi Arabia; www.saudiaramco.com) and Saudi Arabian Basic Industries Corporation (SABIC; Riyadh, Saudi Arabia; www.sabic.com) have signed a memorandum of understanding (MoU) to develop a fully integrated crude oil to chemicals (COTC) complex in the Kingdom of Saudi…
Lanxess AG (Cologne, Germany; www.lanxess.com) is building a new plant for high-performance plastics in Changzhou, China for around €20 million. Beginning in the second quarter of 2019, the compounding plant is set to produce up to 25,000 metric tons per year…
Air Liquide Engineering & Construction (Frankfurt am Main, Germany; www.engineering-airliquide.com) recently signed a new agreement with Cargill for engineering and supply of a world-scale biodiesel plant in Wichita Kansas. The state-of-the-art biodiesel plant is planned to start operation in January…
EuroChem Group AG (Zug, Switzerland; www.eurochemgroup.com), a leading global fertilizer company, announces the sale of Severneft-Urengoy to Novatek PJSC, one of the largest independent natural gas producers in Russia. The price and terms of the deal have not been disclosed.…
Compañía Española de Petróleos S.A.U. (Cepsa; Madrid, Spain; www.cepsa.com) and the Abu Dhabi National Oil Company (ADNOC) have signed a memorandum of understanding (MOU) to evaluate a new world-scale Linear Alkyl Benzene (LAB) complex in Ruwais, Abu Dhabi. LAB is…
Airgas USA, LLC (Radnor, Pa.; www.airgas.com), an Air Liquide company, announced plans to build a new air separation unit (ASU) in Mebane, N.C. The facility will increase Airgas’ production capabilities in North Carolina’s Research Triangle area while also strengthening its…