Petrochemicals
Canada allows Dow, Dupont merger after firms agree to sell assets
OTTAWA (Reuters) — Canada's Competition Bureau said on Tuesday it would allow a planned merger between DuPont and Dow Chemical Co after both firms agreed to dispose of some assets.
Braskem to invest $675 MM in 6th US-based polypropylene plant
BRASILIA (Reuters) — Braskem SA, Latin America's largest petrochemical company, will invest $675 MM to build a sixth US-based polypropylene-production plant, the company said on Wednesday.
Dow, 1QBit announce collaboration agreement on quantum computing
MIDLAND, Mich. — The Dow Chemical Company and 1QB Information Technologies (1QBit) announced a collaboration agreement to develop quantum computing tools for the chemicals and materials science technology spaces. The two companies will accelerate the deployment of quantum computing across a range of applications relevant to the chemical sector.
Deployment of digital infrastructure in chemical plants transforms industry
SANTA CLARA, Calif. — The manufacturing approach in the chemicals industry is rapidly changing to meet increasing demand for customized and specialty products over commodity chemicals.
Chevron Phillips marks milestone of its $6 B US Gulf Coast petchem project
Chevron Phillips Chemical Company LP announced that the two polyethylene (PE) units of its $6 B petrochemical investment on the US Gulf Coast successfully achieved the major milestone of mechanical completion.
Grace licenses process technology to Hengli petchem refinery
COLUMBIA, Md. — W. R. Grace & Co., a supplier of polyolefin catalyst technology and polypropylene (PP) process technology, contracted to license its UNIPOL PP process technology to Hengli Petrochemical Refinery Co. Ltd., a subsidiary of Hengli Group.
Flowchem sale to specialty chemicals company KMG completed
NEW YORK — Arsenal Capital Partners completed the previously announced sale of its portfolio company Flowchem, a manufacturer of pipeline performance products, to KMG, a global provider of specialty chemicals, for $495 MM.
BASF to divest its oleochemical surfactants business in Mexico
MEXICO CITY, Mexico — BASF Mexicana, S.A. DE C.V. has entered an agreement to sell a portion of the oleochemical surfactants business in Mexico to the Stepan Company for an undisclosed price. The transaction is expected to close in Q4 2017, subject to applicable regulatory approvals and the satisfaction of certain other requirements.
IHS Markit: Methanol demand growth driven by methanol-to-olefins, China demand
HOUSTON — Methanol, a basic chemical used to produce fuels and other traditional chemicals, is increasingly used in China to produce olefins in a process called methanol-to-olefins (MTO). By 2021, nearly one in five tons of global methanol production will be utilized for MTO production to satisfy expanding Chinese chemical demand, according to new analysis from IHS Markit.
CB&I awarded multi-technology contract in Kazakhstan
THE WOODLANDS, Texas — CB&I announced it has been awarded a contract by TOO Hill Resources (HILL) for the license and engineering design of a grassroots Lube Base Oil plant in Shymkent, Kazakhstan.
- Uniper and AM Green sign long-term offtake agreement for up to 500,000 tpy of renewable ammonia from India 1/12
- Indonesia president inaugurates Balikpapan refinery upgrade worth $7.4 B 1/12
- Carlyle, Chevron-Quantum partnership among frontrunners for Lukoil assets 1/12
- Brazil's diesel imports hit record in 2025 amid local production decline 1/12
- Vitol to load first diluent cargo under Venezuela supply deal last weekend 1/12
- Maersk explores more ethanol use for green fuel to cut reliance on China 1/12
