Petrochemicals
INEOS and BASF establish global styrenics company called Styrolution
INEOS Industries Holdings and BASF SE intend to combine their global business activities in styrene monomers (SM), polystyrene (PS), acrylonitrile butadiene styrene (ABS), styrene-butadiene block copolymers (SBC) and other styrene-based copolymers (SAN, AMSAN, ASA, MABS) as well as copolymer blends into a new joint venture called Styrolution.
ProSep to collaborate in Saudi Arabia with Bandariyah International Group
ProSep Inc. has signed a collaboration agreement with Bandariyah International Group, a supplier to the Saudi Arabian oil and gas and petrochemical industries.
BASF buys CRI/Criterion’s global styrene catalysts business
BASF has signed a purchase agreement to acquire the styrene catalysts business of CRI/Criterion, a wholly owned subsidiary of Shell based in Houston, Texas. Financial details of the transaction are not being disclosed.
Tronox to resolve environmental liabilities with US government
The US Environmental Protection Agency (EPA), the US Justice Department and the US Attorney for the Southern District of New York announced that Tronox Inc. has agreed to resolve its environmental liabilities for $270 million and 88% of Tronox’s interest in a pending litigation.
SABIC opens new polyolefin logistics center in the UK
Saudi Basic Industries Corporation (SABIC) recently opened its polyolefin logistics center in northeast England, which is replacing SABIC’s current logistics center in the UK.
Enterprise purchases isobutylene facility
Enterprise Products Partners has acquired out of bankruptcy a Houston Ship Channel facility previously owned by Bigler LP that produces high-purity isobutylene (HPIB) and provides terminal services for refined products and petrochemicals.
Bayer MaterialScience increases downstream presence in China
Bayer MaterialScience has announced plans to invest €110 million to build five new downstream facilities in China by 2012, as part of an ongoing process to serve the booming manufacturing sector in the country.
Arkema to invest $110 million in its US acrylics businesses
Arkema has an investment plan for its acrylics sites in Clear Lake and Bayport, Texas.
Asian investment creates opportunity for flow and filtration equipment
The expansion of sewage transport, primary treatment and secondary treatment in Asia is creating market opportunities for suppliers of pumps valves, scrubbers, chemicals, controls, filters and other water pollution control equipment.
Engineers assigned for Chinese EPDM plant development
Sinopec Beijing Yanshan Co. has selected LAS Associates and Norton Engineering Consultants to assist in scale up and commercialization of Sinopec’s EPDM solution polymerization technology.
- Allied Biofuels signs PIA with Uzbekistan to advance $6-B biofuels refinery project 4/10
- Nufarm strengthens strategic collaboration to support long term growth in biofuels production 4/10
- Pertamina and CRecTech sign MoU to explore pilot biogas-to-biomethanol facility in SEZ, Indonesia 4/10
- Shell Chemicals and Syensqo partner to deliver low-carbon ethylene oxide solutions 4/10
- HAMR Energy’s nationally significant fuel projects selected for Australian Government’s Investor Front Door Pilot 4/10
- HD Hyundai Heavy Industries builds world's first ammonia-powered vessel 4/10
