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ExxonMobil invests in new coker unit at Belgium refinery

An affiliate of ExxonMobil (Irving, Tex., www.exxonmobil.com), Esso Belgium, a division of ExxonMobil Petroleum & Chemical B.V.B.A., announced that it plans to install a new delayed coker unit at its Antwerp refinery to convert heavy, higher sulfur residual oils into…

GE Power & Water to acquire Monsal

GE Power & Water (Schenectady, N.Y.; www.gepower.com) has announced that it has agreed to acquire Monsal (Mansfield, U.K.; www.monsal.com), a private water, waste, advanced anaerobic digestion and integrated biogas-to-energy business.

With Monsal’s advanced anaerobic digestion technology and industry knowledge, GE will…

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Consortium plans new MDI plant in Shanghai  

BASF SE (Ludwigshafen, Germany; www.basf.com), Huntsman Corp., Shanghai Hua Yi (Group) Co., Shanghai Chlor-Alkali Chemical Co. and Sinopec Group Assets Management Corp. held a ceremony today kicking off the construction of a new plant with a production capacity of 240,000…

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Evonik invests in new research center at Rheinfelden site  

Evonik Industries AG (Essen, Germany; www.evonik.com) is making an investment in the double-digit-million euro range in a new research center at the Rheinfelden, Germany site. Starting at the beginning of 2016, research into silanes will be carried out in modern…

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Ineos to acquire BASF’s share in Styrolution  

Ineos (www.ineos.com) will acquire BASF SE’s (Ludwigshafen, Germany; www.basf.com) 50% share in Styrolution, a joint venture between the companies. The purchase price to be paid by Ineos amounts to €1.1 billion. A call option in favor of Ineos to buy…

Kuraray to expand U.S. facilities for polyvinyl alcohol production

Kuraray Co. (Tokyo, Japan; www.kuraray.co.jp/en) has decided to expand its production facilities in the U.S. at its wholly owned subsidiary MonoSol, LLC, headquartered in Merrillville, Ind. Kuraray will establish a new factory, to be located in Portage, Ind., including new…

Evonik expands polyamide-12 capacity and develops bio-based production process

Evonik Industries AG (Essen, Germany; www.evonik.com) has expanded its polyamide-12 production capacity at the Marl Chemical Site by 5,000 metric tons per year (m.t./yr), thereby increasing the supply security of its Vestamid high-performance polymer material. In addition, preparations have begun…

Altana acquires stake in Landa Corp., invests in digital printing technology

The specialty chemicals group Altana (Wesel, Germany; www.altana.com) and Landa Corp. have concluded an equity financing agreement under which Altana will invest €100 million (~US$135 million) for a minority stake in Landa Digital Printing. Both companies see the agreement not…

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Solvay and Ineos to create chlorovinyls producer, Inovyn  

Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed a definitive agreement with Ineos to create a strong player in chlorovinyls, to be named Inovyn. The joint venture (JV) is expected to be effective by year-end following the divestments required by the…

H.B. Fuller to acquire Tonsan Adhesive for $230 million

H.B. Fuller Co. (St. Paul, Minn.; www.hbfuller.com) has announced that it has signed an agreement to purchase Tonsan Adhesive, Inc. With this acquisition, H.B. Fuller will add strong customer relationships in the engineering adhesives markets, manufacturing facilities, and product and…