The American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Global Chemical Production Regional Index (Global CPRI) shows that headline global production was flat during November on a three-month moving average (3MMA) basis. This follows two months of decline and fairly good…
The Chemical Activity Barometer (CAB), a leading economic indicator developed by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), ended the year on a strong note, posting a monthly gain of 0.3% and a year-over-year gain of 4.4%. This represents…
Global Bioenergies (Evry, France; www.global-bioenergies.com) signed a contribution agreement with the shareholders of Syngip B.V. to transfer all Syngip shares to Global Bioenergies S.A. The transaction’s completion remains subject to the fulfillment of several condition,s including approval by the shareholders of…
ES FiberVisions (ESFV), a joint venture between FiberVisions LLC, a subsidiary of Indorama Ventures PCL (Bangkok, Thailand; www.indoramaventures.com), and Japan's JNC Corp. held an opening ceremony to celebrate the completion of its newest plant in Rayong, Thailand. This facility was…
The Saudi Arabian Mining Company (Ma’aden; Riyadh, Saudi Arabia; www.maaden.com) has announced plans to expand its phosphate-based business with the addition of a third project to manufacture phosphate fertilizers, which will be executed gradually over the coming seven years. Upon…
OMV Petrom has selected Axens (Rueill-Malmaison, France; www.axens.net) to supply the PolyFuel technology for its project at the Petrobrazi Refinery. The capacity of the project is 200,000 ton/yr. The aim of the unit is to maximize diesel production by converting…
Wison Engineering Services Co. (Shanghai; www.wison-engineering.com) announced that its non-wholly owned affiliated company, Wison Engineering Ltd., has been awarded an engineering, procurement and construction management (EPC) contract for a new liquefied natural gas (LNG) project by Astana Trans Oil LLP,…
Formosa Mitsui Advanced Chemicals Co. (FMAC), a joint venture of Mitsui Chemicals Inc. (MCI; Tokyo; www.mitsuichem.com) and Formosa Plastics Corp. (FPC) plans to increase the capacity of its lithium-ion, battery-use, electrolyte solution production facilities. Currently, the plant’s production capacity is…
The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported that U.S. specialty chemicals market volumes rose 0.4 percent in November. This follows a revised 0.1 percent gain in October and a 0.2 percent gain in September. Volumes have generally been…
Fluor Corp. (Irving, Tex.; www.fluor.com) has been awarded an engineering, procurement, construction and construction management contract by Novo Nordisk (www.novonordisk.com) for its new $2-billion diabetes active pharmaceutical ingredient (API) manufacturing facility in Clayton, N.C. Fluor has been providing basic design…