Latest News: Business
ExxonMobil opens new plant for metallocene-based polyalphaolefins
ExxonMobil Chemical Co. (Houston; www.exxonmobilchemical.com) has announced the opening of its world-scale manufacturing facility that will enable the company to produce up to 50,000 tons per year of SpectraSyn Elite metallocene polyalphaolefin (mPAO) synthetic lubricant base stocks at its integrated…
Chevron Phillips expands capacity for sulfur-based products in Belgium
Chevron Phillips Chemical Co. LLC (The Woodlands, Tex.; www.cpchem.com) has announces that its wholly-owned affiliate, Chevron Phillips Chemicals International N.V. is expanding its Tessenderlo, Belgium facility. The expansion includes an on-purpose hydrogen sulfide (H2S) unit and additional sulfur-based products capacity.…
CB&I awarded Catofin technology project in China
CB&I (The Woodlands, Tex.; www.cbi.com) has been awarded a contract by Shandong Sincier Petrochemical Co. for the license and engineering design of a grassroots propane and butane dehydrogenation unit to be built in Dongying, Shandong Province, China. The unit will…
Clariant and Petronas sign licensing collaboration
Clariant (Muttenz, Switzerland; www.clariant.com) and Petronas Technology Ventures Sdn Bhd (PTVSB; Kuala Lumpur, Malaysia; www.petronas.com.my), a technology commercialization arm of Petronas, today announced that they have entered into a licensing Term Sheet Agreement. The licensing collaboration term sheet was formalized…
Invista breaks ground on HMD and nylon facilities in China
Invista (Wichita, Kan.; www.invista.com) broke ground on new hexamethylene diamine (HMD) and nylon 6,6 polymer plants at the Shanghai Chemical Industry Park in China. These facilities mark a key milestone in Invista’s plans for integrated nylon 6,6 facilities in the…
Solvay acquires Plextronics, will open new electronics lab in Seoul
Solvay S.A. (Brussels, Belgium; www.solvay.com) has completed the acquisition of U.S.-based Plextronics Inc. to bolster its Organic Light Emitting Diodes (OLED) electronic display technology and launch a new development platform with a strong Asian foothold. With Plextronics, Solvay is expanding its know-how in emerging applications such as…
Repsol enters metallocene license agreement
Repsol’s (Madrid, Spain) Chemicals Division (www.chemicals.repsol.com) has entered into an agreement to license Chevron Phillips Chemical’s proprietary technology for production of metallocene-based polyethylene resins. Repsol will be implementing this technology in its existing integrated site in Tarragona, Spain, which already uses…
Sandvik expands its sulfur technology portfolio
Sandvik Process Systems (SPS; Fellbach, Germany; www.processsystems.sandvik.com), a world leading supplier of sulfur processing & handling solutions for the oil-and-gas industry, has expanded its product portfolio by purchasing the proprietary technology and knowhow of the Brimrock Group Inc. (Calgary, Canada).…
JGC awarded EPC contract for clean fuels project in Kuwait
JGC Corporation JGC Corp. (Yokohama, Japan; www.jgc.co.jp) and its partners GS Engineering & Construction (GS) and SK Engineering & Construction, both based in Korea, announced today that they received award notification by Kuwait National Petroleum Company (KNPC) to provide engineering,…
Bayer expands production for coating raw materials in China
Bayer MaterialScience AG (Leverkusen, Germany; www.materialscience.bayer.de) is increasing its production capacities in the Asia/Pacific region to meet the continued growth in demand there for raw materials for coatings and adhesives. Ground was broken at the site in Shanghai, China, on…