BP plc (London; www.bp.com) and Lotte Chemical Corp. (Seoul, South Korea; www.lottechem.com) have agreed a major expansion of production capacity at their joint venture Lotte BP Chemical Co. Ltd. facility in Ulsan, South Korea. The expansion is expected to add…
Kemira Oyj (Helsinki, Finland; www.kemira.com) has signed an agreement to establish a joint venture (JV) – Kemira Yongsan Chemicals Co. —in Ulsan, Republic of Korea, with Yongsan Chemicals, a privately-owned chemicals company in South Korea. Forming a joint venture in…
For the first time, thyssenkrupp AG (Essen, Germany; www.thyssenkrupp.com) has produced ammonia from steel mill gases. Steel mill gases come from steel production and contain, among other things, CO2. It is the first time in the world that steel mill…
Aemetis, Inc. (Cupertino, Calif.; www.aemetis.com) announced that its Universal Biofuels subsidiary has completed a two-year upgrade of the Kakinada, India biodiesel and glycerin plant. The upgrades to the Kakinada plant included installation of a pre-treatment unit to process lower-cost and…
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,…