Petrochemicals
Clariant CEO plays down speculation of plastics unit sale
ZURICH (Reuters) -- Clariant's Chief Executive Hariolf Kottmann has doused speculation the Swiss specialty chemical maker could soon unload its plastics and coatings business and use the proceeds to buy a big, faster-growing target.
DuPont, Lundberg to offer pollution control systems for refineries, petchem plants
PARSIPPANY, N.J. – Belco Technologies Corporation, a DuPont company, and Lundberg, LLC, a Dustex company, have signed an agreement to collaborate on the supply of air pollution control systems on an exclusive basis around the world. The partnership applies to air pollution control systems for refining and petrochemical plants, as well as to coke calciners associated with refining and petrochemical plants, and is valid for 10 years.
BASF foam chemical plant suffers further setback
FRANKFURT (Reuters) -- BASF has suffered a further setback at its Ludwigshafen plant which makes materials for soft foams used in mattresses and car seats, saying a technical defect in a new reactor would reduce output into next year.
CB&I awarded CATOFIN technology contract for Chinese petchem plant
THE WOODLANDS, Texas -- CB&I announced it has been awarded a contract by Dongguan Grand Resource Science & Technology Co. Ltd. for the license and engineering design of a grassroots propane dehydrogenation unit to be built in Dongguan City, Guangdong Province, China.
Honeywell technology selected for largest petchem project in China
DES PLAINES, Ill. – Honeywell announced that Zhejiang Petrochemical Co. Ltd. will use a range of process technology from Honeywell UOP, the world’s leading licensor of refining and petrochemical process technology, for a new integrated refining and petrochemical complex in Zhoushan, Zhejiang Province.
DuPont settles lawsuits over Teflon-making chemical leak
(Reuters) -- DuPont and Chemours Co said on Monday they had agreed to pay about $671 million in cash to settle several lawsuits related to the leak of a toxic chemical, used to make Teflon, that has been linked to cancer and other diseases.
ACC comments on congressional resolution to address chemical security concerns
WASHINGTON – Congressman Mullin (R-Okla.-02) introduced a resolution today with the support of 15 cosponsors to prevent a new US Environmental Protection Agency (EPA) rule from making changes to the Risk Management Plan (RMP) that will create new security and safety issues.
Suncor Energy closes sale of Petro-Canada Lubricants
CALGARY, ALBERTA -- Suncor Energy announced it has closed the previously announced sale of its Petro-Canada Lubricants Inc. business to a subsidiary of HollyFrontier Corporation for gross proceeds of $1.125 billion, subject to customary closing adjustments.
Axens wins takover bid on Heurtey Petrochem
Following the reopening of an offer on Heurtey Petrochem from Jan. 16-27, Axens now holds 4,354,286 shares and 4,428,786 voting rights of Heurtey Petrochem in concert with IFP Investments. This represents 88.6% of the share capital and 88.3% of the voting rights. The settlement date of the Offer will take place on Feb. 6.
SK Innovation buys Dow Chemical's ethylene acrylic acid unit for $370 MM
SEOUL (Reuters) -- South Korea's SK Innovation said on Thursday it would acquire Dow Chemical Co's ethylene acrylic acid (EAA) business for $370 million, a move that will expand its range of high value-added chemical products.
- thyssenkrupp Uhde completes pre-FEED for HAMR Energy’s renewable fuels project in Australia 8/21
- Europe distillates-diesel profit margins firm 8/21
- U.S.: Indiana's bp refinery restarts after severe flooding 8/21
- Berlin weighs trusteeship extension for Rosneft's German assets 8/21
- Trump administration to rule on biofuel exemption requests, delay reallocation decision 8/21
- TotalEnergies' Donges refinery fire extinguished 8/21
