Mobile Navigation

Latest News

Formosa-Mitsui JV starts up electrolyte solution plant

Formosa Mitsui Advanced Chemicals Co. (FMAC), a joint venture of Mitsui Chemicals Inc. (MCI; Tokyo; www.mitsuichem.com) and Formosa Plastics Corp. (FPC) announced the startup of its lithium-ion battery-use electrolyte solution production facilities. Demand for lithium-ion batteries has expanded in line…

Indorama and Dhunseri Petrochem join forces for PET joint venture

Indorama Ventures Public Ltd. (IVL; Bangkok, Thailand; www.indorama.net) announced the completion of the joint venture of IVL’s PET Company, Micro Polypet Private Ltd. (MicroPet), in India with Dhunseri Petrochem Ltd. (Dhunseri). Simultaneously, IVL has acquired a 50% stake in Dhunseri’s PET…

Teijin acquires North American automotive composite supplier

Teijin Ltd. (Tokyo, Japan; www.teijin.com)has agreed to acquire Continental Structural Plastics Holdings Corp. (CSP), a leading automotive composite supplier in North America, for $825 million. CSP will become a wholly owned subsidiary of Teijin. Through this acquisition, Teijin intends to…

Evonik breaks ground in Marl for new polyamide 12 powders plant

Evonik Industries (Essen, Germany; www.evonik.com)recently broke ground in Marl, Germany for construction of a new production plant for specialty polyamide 12 (PA12) powders. The specialty chemicals company will thus increase annual capacity for its Vestosint brand of PA12 powders by…

Rockwell Automation acquires software provider Automation Control Products

Rockwell Automation (Milwaukee, Wis.; www.rockwellautomation.com) has acquired Automation Control Products (ACP), a leading provider in centralized thin client, remote desktop and server management software. ACP’s two core products, ThinManager and Relevance, provide manufacturing and industrial leaders with visual display and…

Cepsa announces €50-million investment in petrochemicals sites

Compañía Española de Petróleos S.A.U. (Cepsa; Madrid, Spain; www.cepsa.com) will invest over €50 million in its Andalusian chemical plants in 2016 (€30.1 million at its plants in San Roque, Cádiz, and €20 million in Palos de la Frontera, Huelva), to…

Clariant acquires Kel-Tech and X-Chem

Clariant (Muttenz, Switzerland: www.clariant.com) today announces two acquisitions in the oilfield-production-chemicals business. After closing, the agreed purchases of Kel-Tech Inc. (Midland, Tex.) and X-Chem LLC (Irving, Tex.) add approx. $200 million of sales, as well as personnel, technology and expertise…

Jacobs wins contract from Ineos for LAO unit in Texas

Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) has received a contract from Ineos Oligomers to design and build a large linear alpha olefin (LAO) unit at the Ineos petrochemical complex in Chocolate Bayou, Texas. The LAO unit is expected to…

Amec Foster Wheeler wins contract for second CFB unit in the Philippines

Amec Foster Wheeler (London; U.K.; www.amecfw.com) has been awarded a contract by JGC Corp. (Yokohama, Japan; www.jgc.com) to design and supply a circulating fluidized-bed (CFB) steam generator for the SEC210 Phase 2 Project in the Philippines for Sarangani Energy Corp.…

CB&I announces first U.S. CDAlky award

CB&I (The Woodlands, Tex; www.cbi.com) has been awarded a contract by a major North American petroleum refiner for the technology license and engineering design of a new alkylation process unit to be located on the U.S. Gulf Coast. The unit…