Latest News: Business
Clariant expands production, opens mining solutions laboratory in Morocco
Clariant AG (Muttenz, Switzerland; www.clariant.com) has announced a significant investment to expand its plant in Casablanca, Morocco and increase its global footprint with the production of polymers and chemical blends for the African and Middle East mining industry. This…
Lanxess inaugurates new plastics plant in Brazil
Lanxess AG (Cologne, Germany; www.lanxess.com) inaugurated its new high-tech plastics plant in Porto Feliz, Brazil. The specialty chemicals company has invested around EUR 20 million in the facility, which will initially have a capacity of 20,000 metric tons per year…
Stamicarbon signs contract for urea melt/granulation plant in Bismark
Stamicarbon B.V. (Sittard, the Netherlands; www.stamicarbon.com), the Licensing and IP Center of Maire Tecnimont Group. (www.mairetecnimont.com), has signed a license agreement with Dakota Gasification Co. for the construction of a brownfield urea melt, granulation and DEF plant in Beulah, N.D.…
Borealis invests in capacity expansion for crosslinked polymers
Borealis AG (Vienna, Austria; www.borealisgroup.com) is investing in a capacity increase for the crosslinked polymer XLPE at its Stenungsund plant, serving the wire and cable industries. This investment, which increases overall capacity by 20,000 metric tons per year (m.t./yr), is…
Styron plans to convert Ni-BR rubber-production line to Nd-BR
Styron (Horgen, Switzerland; www.styron.com) says that it will convert its nickel butadiene rubber (Ni-BR) production train in Schkopau, Germany, to neodymium butadiene rubber (Nd-BR). Coupled with Styron’s existing leading technology in solution styrene butadiene rubber (SSBR), the Nd-BR offering will…
Saipem awarded contract for expansion of Versalis plant
Saipem S.p.A. (Milan, Itlay, www.saipem.com) has been awarded an engineering, procurement and construction contract for the expansion of the Versalis plant in Ferrara, Italy, worth approximately €200 million. The plant produces Ethylene Propylene [Diene] Monomer (EP[D]M), a type of rubber.…
Praxair will supply oxygen to steelmaker with new ASU in Peru
Praxair, Inc. (Danbury, Conn.; www.praxair.com) has announced the startup of a new air-separation unit (ASU) in Pisco, located in the central region of Peru. The plant’s capacity is 270 tons per day. Under a longterm contract, Praxair will increase its…
Clariant and Ashland to sell ASK Chemicals JV to Rhône
Clariant (Muttenz, Switzerland; www.clariant.com) and Ashland Inc. (Covington, Ky.; www.ashland.com) today announced that they have entered into a definitive agreement to sell their joint venture (JV), ASK Chemicals headquartered in Hilden, Germany, to investment funds affiliated with Rhône, a London…
BASF and Sinopec inaugurate acrylic acid and SAP plants in Nanjing
BASF SE (Ludwigshafen, Germany; www.basf.com) and Sinopec Corp. (Beijing, China; www.sinopec.com) today inaugurated two new plants for acrylic acid and superabsorbent polymers (SAP) at their state-of-the-art Verbund site, BASF-YPC Co., a 50-50 joint venture (JV) in Nanjing, China. Additionally, a…
CB&I lands refining technology award in China
CB&I (The Woodlands, Tex.; ) says that its Chevron Lummus Global joint venture has been awarded a contract valued in excess of $100 million. The scope of work includes the license, engineering design package and catalyst supply for three grassroots…