Sumitomo Chemical Co. (Tokyo, Japan) plans to expand its production capacity for high-purity chemicals for semiconductors. The Company will install new production lines to double the capacity for high-purity sulfuric acid at its Ehime Works (Niihama city, Ehime, Japan) and…
NJSC Naftogaz of Ukraine and German energy trading company RWE Supply & Trading GmbH have signed a memorandum of understanding. Both companies agree to explore mutually beneficial cooperation opportunities along the full value chain of green hydrogen and its derivatives…
KBR, Inc. (Houston) announced that it has signed an alliance agreement with Johnson Matthey plc (JM; London) to license the FORMOXTM Integrated UFC Technology (iUFCTM). The innovative iUFC technology consists of JM’s methanol and UFC (Urea Formaldehyde Concentrate) production processes integrated with…
Lukoil (Moscow, Russia) announced the start of a catalytic cracking complex construction project at the Perm refinery. The project is implemented under an agreement with the Ministry of Energy of the Russian Federation on providing an investment incentive as part…
Lanxess AG (Cologne, Germany) intends to take over the microbial control business of the U.S. group International Flavors & Fragrances Inc. (IFF). Both companies signed a corresponding agreement on August 23, 2021. IFF Microbial Control is one of the leading…
Sumitomo Chemical Co. (Tokyo, Japan) has decided to construct a pilot facility for chemical recycling of acrylic resin (PMMA, poly-methyl-methacrylate) at its Ehime Works in Niihama City, Ehime Prefecture, Japan. The new facility is scheduled to begin pilot tests in…
Clariant AG (Muttenz, Switzerland) has signed an agreement to acquire the remaining 70% in Brazilian Personal Care Specialties company Beraca from the founding Sabará family. Clariant has held a 30% stake in the company since 2015. The purchase price will…
Sika AG (Baar, Switzerland) has agreed to sell its European industrial coatings business, based in Germany, to The Sherwin-Williams Co. (Cleveland, Ohio). In 2020, the business segment generated sales of approximately CHF 75 million (around $82 million). The transaction is…
The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported that U.S. specialty chemicals market volumes grew 1.1% in July, a much faster pace than the 0.3% gain in June. This left volumes off 2.4% from pre-COVID levels. Of the 28…
The Port of Corpus Christi Authority (Port of Corpus Christi) and Howard Midstream Energy Partners, LLC (HEP; San Antonio, Tex.) have executed a Memorandum of Understanding (MOU) stating their intention to convert Howard’s Javelina refinery services facility into the region’s…