Shintech Inc., a wholly owned subsidiary of Shin-Etsu Chemical Co., Ltd. (Tokyo; www. shinetsu.co.jp), has selected Veolia Water Technologies (www.veoliawatertechnologies.com) to supply its HPD salt crystallizer and a caustic soda concentration systems as part of the expansion of their production facility…
Teijin Ltd. (Tokyo, Japan; www.teijin.com) has agreed to acquire Inapal Plasticos SA, a leading automotive composite supplier in Portugal. The shares of Inapal will be purchased by Teijin Holdings Netherlands B.V., the Teijin Group's holding company in the Netherlands. The…
LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) officially broke ground on what will be the largest propylene oxide (PO) and tertiary butyl alcohol (TBA) plant ever built. The Houston-area project is estimated to cost $2.4 billion, representing the single-largest capital investment in the…
PT Chandra Asri Petrochemical Tbk (CAP; Jakarta, Indonesia; www.chandra-asri.com) and Michelin have completed construction at the new synthetic-rubber manufacturing site owned by the companies’ joint venture (JV) PT Synthetic Rubber Indonesia (SRI). The companies have invested $435 million in SRI,…
S-OIL Corp. (Seoul, South Korea; www.s-oil.com) is conducting a feasibility study into building a mixed feed cracker with the size of 1,500,000 metric tons per year (m.t./yr) and olefin downstream facilities as part of its phase II investment project to…
As part of the strategy to separate Specialty Chemicals from its Paints and Coatings business, AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) announced in March 2018 that it had agreed to sell 100% of its Specialty Chemicals business to The Carlyle Group…
LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) announced that it has completed the acquisition of A. Schulman, Inc., a leading global supplier of high-performance plastic compounds, composites and powders. "This acquisition builds upon our complementary strengths, creating a substantial value proposition for…
INVISTA Performance Technologies (IPT), the technology and licensing group of Invista (Wichita, Kan.; www.invista.com), and Fujian Billion Petrochemicals Co., Ltd. have reached agreement to license INVISTA’s latest purified terephthalic acid (PTA) process technology for a new PTA line. The PTA line will have…
If you haven't already started, don't be left behind. Follow these three steps to begin the process “Digital” is a pretty popular term today, used to describe nearly anything online, on a computer or related to any disruption facing an…
The preliminary value for the June 2018 CE Plant Cost Index (CEPCI; most recent available) once again increased compared to the previous month’s value, continuing a string of monthly increases since the beginning of 2018. All four of the major…