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TechnipFMC acquires epichlorohydrin process technology from Solvay
TechnipFMC (Houston; www.technipfmc.com) has completed the acquisition of Epicerol technology from Solvay SA (Brussels, Belgium; www.solvay.com). The technology converts glycerol to high purity epichlorohydrin (ECH) for use in coatings, composites and adhesive applications in various industries. Epicerol technology was developed…
Evonik invests in expanded production at Birmingham, Alabama site
Evonik Industries AG (Essen, Germany; www.evonik.com) has invested more than $50 million over the last 4 years in its Birmingham, Ala., Health Care facility to boosts its capabilities around biodegradable polymers and parenteral medicine. As part of these expenditures, the…
Badger Licensing to license technology for grassroots EB/SM plant in China
Badger Licensing LLC (Boston, Mass.; www.badgerlicensing.com) announced that Hengli Petrochemical (Dalian) Chemical Co., Ltd. (Hengli) has selected Badger’s proprietary technologies for a 720,000 metric tons per year (m.t./yr) grassroots ethylbenzene / styrene monomer (EB/SM) plant being built in Changxing Island…
Global chemical production continues on soft note, ACC says
Data collected and tabulated by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) show that growth in global chemical production continued on a soft note in February. The ACC’s Global Chemical Production Regional Index (Global CPRI) indicates that global chemicals…
KBR wins ammonia plant contract for HURL project in India
KBR Inc. (Houston, Tex.; www.kbr.com) has been awarded an ammonia plant contract by Toyo Engineering Corp. for the Hindustan Urvarak and Rasayan Ltd (HURL) greenfield urea project in Gorakhpur, India. Under the terms of the contract, KBR will provide licensing…
Metso increases production capacity for crushing and screening equipment in India
Metso Corp. (Helsinki, Finland; www.metso.com) is addressing the growing demand for crushing and screening plants in the Indian market by expanding its production capabilities in Alwar. This latest investment increases Metso's crushing and screening plant production capacity in India by…
Ineos Styrolution announces plans for styrene monomer plant on U.S. Gulf Coast
INEOS Styrolution (Frankfurt, Germany; www.ineos-styrolution.com) announced that it will commission an engineering study to build a world-scale styrene monomer (SM) plant in the U.S. Gulf Coast region. The new SM plant will use best-in-class technology and benefit from access to…
BASF completes sale of its Mexican oleochemical surfactants business to Stepan
BASF SE (Ludwigshafen, Germany; www.basf.com) announced that BASF Mexicana, S.A. de C.V. has closed the previously announced sale of a portion of its oleochemical surfactants business in Mexico to Stepan CDMX, S. de R.L. de C.V. The transaction includes the…
Fluor awarded FEED contract for phopshoric acid plant in Egypt
Fluor Corp. (Irving, Tex.; www.fluor.com) announced that it was awarded the front-end engineering design (FEED) contract by Egypt’s state energy firm Enppi for the offsites and utilities portion of the main plant complex and support services for the Waphco phosphoric…
AkzoNobel sells Specialty Chemicals business to The Carlyle Group for €10.1 billion
AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) announced the sale of 100% of its Specialty Chemicals business to The Carlyle Group and GIC for an enterprise value of €10.1 billion. This transaction creates two focused and high performing businesses – Paints and…