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Petrochemicals

Chemtura to construct new China plant to serve petroleum additives, urethanes

US-based specialty chemicals firm Chemtura is planning to build a new multi-purpose manufacturing facility in Nantong, China, to serve its petroleum additives and urethanes businesses.

Dow to form carbon fiber JV with Turkey's Aksa

Dow Chemical, through its wholly-owned subsidiary Dow Europe GmbH, said it plans to form a joint venture to manufacture and globally commercialize carbon fiber and derivatives with Turkey’s Aksa Akrilik Kimya Sanayii A.Ş. (Aksa).

NOx control market to hit record level in 2011 – consultants

The market for selective catalytic reduction (SCR) systems and replacement catalysts will reach a record $7.6 billion in 2011, according to the latest forecast from US-based consultancy McIlvaine Co.

PPG buys South Africa distributor Ducol Coatings

US chemicals and coatings producer PPG Industries has acquired the business of Ducol Coatings, which has served as an importer and distributor of PPG’s automotive refinish products in South Africa since 2003.

EU approves styrenics JV between BASF, INEOS

The EU Commission on Wednesday gave its approval for the Styrolution joint venture between Germany-based BASF and UK-based INEOS.

Momentive completes sale of N America composites, coatings unit to European group

Momentive Specialty Chemicals said Wednesday that it had completed the previously-announced sale of its North American composites and coating resins business to PCCR USA, a subsidiary of European investment group Investindustrial.

LyondellBasell will seek sale of France refinery, turns site focus to petrochemicals

LyondellBasell is attempting to sell its 105,000 bpd refinery at Berre, France, as part of a plan to focus on petrochemical assets at that location.

BASF, INEOS ink deal for global styrenics JV

BASF and INEOS have signed a joint venture (JV) contract to combine businesses in styrene monomers (SM), polystyrene (PS), acrylonitrile butadiene styrene (ABS), styrene-butadiene block copolymers (SBC) and other styrene-based copolymers (SAN, AMSAN, ASA, MABS) and copolymer blends into the Styrolution venture.

Dow applauds House Republicans for jobs agenda

Executives with US major Dow Chemical voiced support for recent progress they said had been made on the jobs agenda by Republican leaders in the US House of Representatives.

Dow praises Obama for regulatory reform progress

Officials with US producer Dow Chemical on Friday applauded recent progress made by the Obama administration on issues of regulatory reform. Dow said it was pleased to see the administration following through on its commitment to review existing regulations and make changes, if appropriate, noting that it was particularly pleased to see the public given an opportunity to recommend rules for review.