Lanxess AG (Leverkusen, Germany; www.lanxess.com) and TSRC Corp. (Taipei, Taiwan www.tsrc.com.tw) will enter into a 50:50 joint venture (JV) in Greater China called Lanxess-TSRC (Nantong) Chemical Industrial Company Ltd. The two companies are jointly investing $50 million in a new plant…
Concern over the economic crisis in Greece continued to widen and drag stocks down in the U.S. and elsewhere. The S&P 500 Index fell 6.5% last week, while the American Chemistry Council’s (ACC) market capitalization of U.S. basic and specialty…
Pemex Refinacion (Pemex-Refining; Mexico; www.ref.pemex.com) and Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com) have signed a contract, which includes the modernization of eight existing diesel hydrotreaters and licensing of one new diesel hydrotreater at the Pemex Tula and Salamanca Refineries in…
DuPont Tate & Lyle Bio Products, LLC (Loudon, Tenn), a joint venture between DuPont (www.dupont.com) and Tate & Lyle (www.tateandlyle.com), today announced an expansion to their facility here to increase production of bio-based 1,3 propanediol (Bio-PDO) by 35%. Construction is…
The Linde Group (Munich, Germany; www.linde.com) is set to construct a large, state-of-the-art air separation unit (ASU) for ArcelorMittal, the world’s largest steel corporation, at ArcelorMittal’s Temirtau site in Kazakhstan. This plant will be Kazakhstan’s first industrial-scale development with a…
The Linde Group (Munich, Germany; www.linde.com) is set to expand its gas supply network for steel conglomerate ThyssenKrupp Steel Europe at its largest production location in Duisburg, Germany. Under the terms of the agreement, Linde will construct another industrial-scale air…
Solvay S.A. (Brussels, Belgium; www.solvay.com) announces today that its American affiliate Solvay Chemicals, Inc. has commissioned and brought online one of the world’s only dedicated manufacturing facilities that reclaims and transforms sodium carbonate waste streams from processed trona into a marketable…
Total S.A. (Paris. France; www.total.com) announces the inauguration of the world’s largest olefin cracker based on ethane in Ras Laffan, Qatar. With a production capacity of 1.3 million tons of ethylene per year, the Ras Laffan Olefin Cracker (RLOC) will feed…
Industrial gases specialist Messer Group GmbH (Sulzbach/Frankfurt, Germany; www.messergroup.com) has signed a contract that secures access to a CO2 source in the southern Vietnamese province of Binh Phuoc. Messer will receive 200 metric tons (m.t.) of raw carbon dioxide per…
DSM Biologics, a business unit of DSM Pharmaceutical Products (Parsippany, N.J.; www.dsmpharmaceuticalproducts.com) has signed a preliminary agreement to enter a partnership with the Australian Governments (Queensland State Government and the Commonwealth of Australia) to design, build and operate the first…