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U.S. specialty chemicals sees 3rd consecutive monthly gain, ACC says

The Specialty Chemicals Market Volume Index, a tool created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), showed that U.S. specialty chemicals market volumes rose 0.3 percent in September. This follows a revised 0.1 percent gain in August and…

Technip awarded furnace contract for ethylene plant in Russia

Technip (Paris, France; www.technip.com) was awarded by Public Joint Stock Company (PJSC) Kazanorgsintez a contract to provide engineering and procurement of three proprietary SMK grassroots furnaces at Kazan, Republic of Tatarstan, Russia. The furnaces will be part of the ethylene…

Celanese to acquire Italy-based thermoplastic compounder

Celanese Corp. (Irving, Tex.; www.celanese.com) announced it has signed a definitive agreement to acquire the Forli, Italy based SO.F.TER. Group, one of the world’s largest independent thermoplastic compounders. Celanese will acquire SO.F.TER. Group’s comprehensive product portfolio of engineering thermoplastics (ETPs),…

Air Liquide to construct hydrogen production unit at Axion Energy site in Argentina

Air Liquide (Paris, France; www.airliquide.com) announces a new investment for Axion Energy Argentina, a subsidiary of Bridas Corporation and a leading refiner in Argentina, to expand its longterm supply of hydrogen. Air Liquide will invest around €55 million in a second hydrogen…

Air Products to supply gases for Chemours facility in Tennessee

Air Products (Lehigh Valley, Pa.; www.airproducts.com) announced the signing of an agreement for the supply of multiple industrial gases to The Chemours Co. (Wilmington, Del.; www.chemours.com). Air Products will build, own and operate an air separation unit (ASU) in New…

Milliken & Co. names new CEO

Milliken & Co.  (Spartanburg, S.C.; www.milliken.com) announced that J. Harold Chandler has been elected chairman, president and chief executive officer effective immediately following the resignation of Joseph M. Salley as president and chief executive officer and as a member of the board…

Clariant inaugurates new polypropylene catalyst plant in Louisville

Clariant (Muttenz, Switzerland; www.clariant.com today announced the official opening of its new polypropylene (PP) catalyst production facility in Louisville, Kentucky. The new plant, developed and implemented in cooperation with CB&I The Woodlands, Tex; www.cbi.com), makes the Louisville site Clariant’s largest…

CB&I signs alliance agreement with Haldor Topsøe

CB&I (The Woodlands, Tex.; www.cbi.com) has signed a long-term alliance agreement with Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com) that will expand CB&I's licensing position for syngas opportunities. As part of the agreement, CB&I will promote Haldor Topsøe’s licensed syngas-based technologies,…

Praxair Surface Technologies and GE Aviation launch JV company

Praxair Surface Technologies, Inc. (www.praxairsurfacetechnologies.com), a wholly owned subsidiary of Praxair, Inc. (Danbury, Conn.; www.praxair.com), and GE Aviation (www.ge.com/aviation) today announced the formal creation of PG Technologies, LLC (www.praxairsurfacetechnologies.com), a joint venture (JV). Praxair Surface Technologies and its subsidiary will…

Current Economic Trends: August 2016 CEPCI

The August 2016 preliminary value for the CE Plant Cost Index (CEPCI; the most recent available) was slightly lower than the downwardly revised July number. Some equipment subcategories, such as Process Machinery and Electical Equipment, saw small increases, while others,…