Alpek S.A.B. de C.V. (San Pedro Garza Garcia, Mexico; www.alpek.com) announced that one of its subsidiaries has signed an agreement with Perpetual Recycling Solutions LLC to acquire a polyethylene terephthalate (PET) recycling plant in Richmond, Indiana. The Perpetual PET recycling…
Petronas Chemicals Group Berhad (PCG; Kuala Lumpur, Malaysia; www.petronaschemicals.com.my/) and Accsys Technologies PLC’s (London, U.K.; www.accsysplc.com) subsidiary Tricoya Technologies Ltd. (TTL) announced plans to evaluate the feasibility of jointly funding, designing, building and operating an integrated acetic anhydride and Tricoya…
Saint-Gobain (Paris, France; www.saint-gobain.com) moved another step forward in an exclusive agreement with private equity firm OpenGate Capital after having received a purchase offer to acquire Saint-Gobain’s silicon carbide division. Saint-Gobain produces silicon carbide grains and powder with annual sales…
Carbon Engineering Ltd. (CE; Squamish, B.C., Canada; http://carbonengineering.com/) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corp.(Houston; www.oxy.com); and Chevron Technology Ventures (CTV), the venture capital arm of…
Velo3D (Campbell, Calif.; www.velo3d.com) announced a partnership with Praxair Surface Technologies, Inc. (PST), a leading producer of premium specialty alloy-based solutions for the aerospace industry and other key markets. Under the partnership, Velo3D will develop process parameters for new alloys…
Yesterday, Martin Brudermüller, chairman of the Board of Executive Directors, BASF SE (Ludwigshafen, Germany; www.basf.com), and Lin Shaochun, Vice Governor of Guangdong Province, signed a Framework Agreement in Ludwigshafen setting out further details of BASF’s plan to establish a new,…
Metso Corp. (Helsinki, Finland; www.metso.com) announced on October 26, 2018 its decision to invest in a new greenfield valve technology center in Jiaxing, China. The groundbreaking ceremony for the new plant took place today. The new technology center will start…
Sulzer Chemtech (Winterthur, Switzerland; www.sulzer.com) was appointed by ArcelorMittal to provide distillation equipment to its steel production plant in Gent, Belgium. This will help in converting waste gases from the steel manufacturing process into approximately 80 million liters of bioethanol…
W. R. Grace & Co. (Columbia, Md.; www.grace.com) has contracted to license its UNIPOL PP Process Technology to Hanwha Total Petrochemical Co., Ltd. for a new polypropylene (PP) production facility in Daesan, South Korea. With a capacity of 400,000 metric…
thyssenkrupp Industrial Solutions AG (Essen, Germany; www.thyssenkrupp-industrial-solutions.com) has recently won a contract from ArcelorMittal to supply a new coke battery for the Tubarão steel plant, located in the Espirito Santo state in southeastern Brazil. The new coke battery will replace…