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Business News: July 2022

Plant Watch Solvay completes PVDF capacity expansion in Changshu June 13, 2022 — Solvay S.A. (Brussels, Belgium; www.solvay.com) has significantly increased production capacity for polyvinylidene fluoride (PVDF) at the company’s site in Changshu, China. Solvay has now more than doubled…

thyssenkrupp nucera wins major order to expand caustic soda plant for Kutch Chemical Industries in India

Thyssenkrupp nucera AG & Co. KGaA (Dortmund, Germany) will grant the license and supply proprietary equipment to the expansion plans of the caustic soda plant for Kutch Chemical Industries in Padana, Gujarat, India. The current plant is operating since 2020…

Samsung Engineering acquires a stake in DNP Water

Samsung Engineering Co., Ltd.(Seoul, South Korea) has acquired a 24% stake in the Vietnamese water-treatment company DNP (Dong Nai Plastic) Water for about KRW52.7 billion ($41 million). The signing ceremony, was held at the Intercontinental Landmark Hotel in Hanoi, Vietnam,…

Showa Denko and SK Inc. planning high-purity-gas production in the U.S.

Showa Denko K.K. (SDK; Tokyo) and SK Inc. (Seoul, South Korea) concluded a memorandum of understanding (MOU) to give consideration to a plan to start cooperative work to produce high-purity gases, which are used in semiconductor production processes, in North…

Recently Published Books for the CPI: July 2022

The following recently published books may be of relevance to professionals in the chemical process industries (CPI) Unique Methods for Analyzing Failures and Catastrophic Events. By Anthony Sofronas, Wiley-VCH Publishing, 2022, 352 pages, $125.00. Hydrogen-Assisted Direct Reduction of Iron Oxides.…

Neste makes €1.9-billion investment for expansion of renewable-products refinery in Rotterdam

Neste Corp. (Espoo, Finland) has made the final investment decision to invest into new renewable products production capacity in Rotterdam. The decision is based on demand for renewable products growing substantially with customers' higher climate ambitions. Neste’s current 1.4 million…

Ineos to significantly expand its high-viscosity PAO plant in LaPorte

INEOS (London) announced that Ineos Oligomers is executing a phased 50% expansion of its LaPorte, Texas, High Viscosity (HV) PAO unit, fully effective by mid-2025.  The unit was initially built with a nameplate capacity of 20,000 metric ton per year…

Showa Denko begins development of microwave-based chemical-recycling technology for plastics

Showa Denko K.K. (SDK; Tokyo) and Microwave Chemical Co., Ltd. (Osaka) have started joint development of a new microwave-based chemical recycling technology to directly transform used plastic into basic chemical feedstock. The two companies are implementing various steps to achieve…

Vattenfall and Preem enter feasibility phase for green-hydrogen network connecting to refineries on Sweden’s west coast

After the initial announcement of their hydrogen partnership, Vattenfall AB and Preem AB (both Stockholm, Sweden) will now enter into a feasibility phase to assess the possibility of accelerating the development of a value chain connecting offshore wind and hydrogen…

BASF to increase U.S. production capacity for specialty amines

BASF Corp. (Florham Park, N.J.) will increase the production capacity for key specialty amines manufactured at its Geismar, Louisiana site. After the completed production capacity expansion of a flexible world-scale production asset by mid-2023, BASF will be able to produce…