Plastic Energy Ltd. (London, U.K.; www.plasticenergy.com), a company with a unique process to recycle plastic waste on a global and commercial scale, has reached an agreement with the province of West Java (Indonesia) to build five chemical recycling plants. The…
AVEVA (Cambridge, U.K.; www.aveva.com) announced a significant addition to its comprehensive Asset Performance Management (APM) portfolio with the acquisition of the software assets of MaxGrip, subject to approval from MaxGrip’s shareholders. MaxGrip, an AVEVA partner since 2017, is a pioneer…
Nouryon (formerly AkzoNobel Specialty Chemicals) will start construction in May on a project to further increase capacity for chloromethanes at its site in Frankfurt, Germany, supporting growing global customer demand. The expansion is expected to be completed in 2020. The…
Borealis Group (Vienna, Austria; www.borealisgroup.com) and Borouge have announced that Borealis’ new compounding plant in Taylorsville, North Carolina, has come on stream as planned, with the inauguration of the facility scheduled for 16 May 2019. With dedicated production lines for…
KBR, Inc. (Houston; www.kbr.com) announced that it has been awarded a contract by Saudi Aramco for KBR's Supercritical Solvent Deasphalting (SDA) technology ROSE.Under the terms of the contract, KBR will provide a 3-product ROSE technology license, basic engineering design, and proprietary…
DowDuPont Inc. announced that it has completed the separation of its Materials Science Division through the spin-off of Dow Inc. Dow begins “regular way” trading tomorrow on the NYSE under the symbol “DOW.” DowDuPont common stockholders received one share of…
AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) announced an investment in major site upgrades to strengthen position in US wood coatings. This milestone multi-million-dollar investment is set to transform AkzoNobel’s wood coatings facility in High Point, North Carolina. The transformation will involve…
Eastman Chemical Company (Kingsport, Tenn.; www.eastman.com) announced that is has acquired Sasol Ltd.’s (Johannesburg, South Africa; www.sasol.co.za) Marlotherm heat-transfer fluids manufacturing assets located in Germany and related formulations, intellectual property and customer contracts. This acquisition enables Eastman to expand its…
Exxon Mobil Corp. (Irving, Tex.; www.exxonmobil.com) has made a final investment decision on a multi-billion dollar expansion of its integrated manufacturing complex in Singapore to convert fuel oil and other bottom-of-the-barrel crude products into higher-value lube base stocks and distillates.…
At the Hannover Messe 2019 trade fair, seven leading suppliers from mechanical engineering, industrial automation and software announced the foundation of the Open Industry 4.0 Alliance. With this cooperation, the companies want to overcome proprietary solutions and give a decisive…