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 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…
Air Products (Lehigh Valley, Pa.) and Gunvor Petroleum Rotterdam (GPR), a wholly-owned subsidiary of Gunvor Group (Gunvor), have signed a joint development agreement for an import terminal in Rotterdam. The agreement responds to the accelerating demand for green energy sources…
Indorama Ventures Ltd. (IVL; Bangkok, Thailand) has signed a license agreement with Shandong Binhua New Material Co., Ltd. (Binhua), a subsidiary of Befar Group, a leading petroleum and chemical enterprise in China, to build, own and operate a propylene oxide…
Thyssenkrupp Industrial Solutions AG’ (Dortmund, Germany) subsidiary Uhde Inventa-Fischer signed a contract to build a new world-scale polymer plant for Merinos Hali Sanayi Ve Ticaret A.S., Turkey. The plant will use Uhde Inventa-Fischer’s proprietary patented MTR (Melt-to-Resin) technology to produce…
Neste Corp. (Espoo, Finland) has purchased the European rights to the Alterra Energy (Akron, Ohio) liquefaction technology, further solidifying the company’s efforts to advance chemical recycling. Alterra Energy is a U.S.-based company that has developed a proprietary thermochemical solution for…
INEOS Oligomers announced that it has started up its new 120,000 ton/yr Low Viscosity Polyalphaolefin (LV PAO) unit at Chocolate Bayou, TX. This facility is the world’s largest single PAO train and complements existing units in La Porte, TX and…
Henkel AG (Düsseldorf, Germany) is expanding its production capabilities in Mexico by opening a new plant for hot melt adhesives in Guadalupe, Nuevo Leon. With a size of nearly 30,000 square-meter the new facility has been designed to primarily manufacture…
ExxonMobil Corp. (Houston), Grieg Edge, North Ammonia and GreenH have signed a memorandum of understanding to study potential production and distribution of green hydrogen and ammonia for lower-emission marine fuels at ExxonMobil’s Slagen terminal in Norway. The study will explore…
Borealis Group (Vienna, Austria) is investing around €200 million to upgrade and expand its XLPE and semicon assets at existing production locations in Europe. This ambitious initiative will serve the wire and cable (W&C) market by safeguarding the reliable supply…