OMV AG (Vienna, Austria; www.omv.com) has made the decision to invest €64 million in the construction of an isobutene (ISO C4) plant – the building phase is now imminent: construction of the new plant will begin in summer 2019 at…
Aspen Technology, Inc. (www.aspentech.com) has signed an agreement to acquire Mnubo Inc., a Montreal-based provider of purpose-built artificial intelligence (AI) and analytics infrastructure for the Internet of Things (IoT). Mnubo enables industrial companies to assemble and deploy AI-driven IoT applications…
Nippon Shokubai Co. (Osaka, Japan; www.shokubai.co.jp) has announced that its subsidiary PT.NIPPON SHOKUBAI INDONESIA (NSI) held a groundbreaking ceremony for a new Acrylic Acid (AA) plant in Cilegon, Banten, Indonesia, which will have a production capacity of 100,000 metric tons…
Mitsubishi Chemical Corp. (MCC; Tokyo; www.m-chemical.co.jp) announced its intention to start up its European carbon fiber sheet molding compound (SMC) production facility in Italy. The new facility, slated to start operations in September 2020, will be located on a site…
Sasol Ltd. (Johannesburg, South Africa; www.sasol.co.za) announced the opening of its new alkoxylation plant in Nanjing. This facility – the company’s largest expansion project in China– will more than double its alkoxylation production capacity in the region and will be…
McDermott International, Inc. (Houston; www.mcdermott.com) announced the recent successful startup of the world's largest catalytic dehydrogenation plant, which is located at Hengli Petrochemical (Dalian) Refinery Co., Ltd.'s site in Liaoning Province, China, and uses McDermott's Lummus CATOFIN technology. This single-train…
Oxea GmbH (Monheim am Rhein, Germany; www.oxea-chemicals.com) has decided to further expand its production capacities for Tricyclodecanedimethanol (TCD) Alcohol to meet market demand. Following a successful initial feasibility study, the Board of Directors approved the capacity increase investment for TCD…
AkzoNobel N.V. (Amsterdam, the Netherlands; www.akzonobel.com) has announced plans to add three new production lines at its Changzhou powder coatings plant in China – the company’s largest facility of its kind in the world. The €3 million investment will support…
Metso Corp. (Helsinki, Finland; www.metso.com) and Outotec Oyj (Espoo, Finland; www.outotec.com) have agreed to combine Metso Minerals and Outotec to create a leading company in process technology, equipment and services serving the minerals, metals and aggregates industries. The Combined Company,…
Tata Chemicals Ltd. (TCL; Mumbai, India; www.tatachemicals.com) announced that Tata Chemicals Europe (TCE) plans to build the U.K.’s first industrial-scale Carbon Capture & Utilization (CCU) Demonstration Plant, which will reduce its carbon emissions, whilst ensuring a secure, sustainable supply of…