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Polymers

PolyOne to buy specialty additives firm ColorMatrix

US-based specialty polymers firm PolyOne has agreed to acquire ColorMatrix, a leading global innovator in liquid colorants, additives and fluoropolymers, in a deal worth $486 million.

HP Construction: South America

Hydrocarbon Processing Staff: Meche, Helen

Foster Wheeler’s Global Engineering and Construction Group has been released to perform the second phase scope for an existing contract with Ecopetrol S.A. for modernization of the refinery in Ba..

HP Construction: Middle East

Hydrocarbon Processing Staff: Meche, Helen

Fluor Corp. has been awarded an engineering, procurement and construction (EPC) contract by SAPCo, a joint-venture company being formulated between Saudi Acrylic Acid Co. and Evonik Industries, for it..

HP Construction: Asia-Pacific

Hydrocarbon Processing Staff: Meche, Helen

Gladstone Liquefied Natural Gas (GLNG) in Queensland, Australia, has selected Meridium, Inc. as the platform for its enterprise-wide APM initiative. The GLNG plant, which began construction earlier th..

Braskem closes on deal for Dow polypropylene unit

Dow Chemical said on Friday that it closed on the $340 million sale of its global polypropylene (PP) business to Brazil-based Braskem. In addition to the transaction, which was first announced in July, the two companies said they would continue to evaluate potential future collaborations.

Amyris, Michelin to develop renewable isoprene

US renewable chemicals and fuels firm Amyris has agreed to work with tire company Michelin on the development and commercialization of renewable isoprene, the chemical building block in rubber tires and other products that use synthetic and natural rubbers.

Celanese opens German engineered polymer plant

US-based specialty chemicals firm Celanese has opened its polyoxymethylene (POM) production facility in Frankfurt Hoechst Industrial Park in Germany. With a nameplate capacity of 140,000 tpy, Celanese’s new POM plant will be the world’s largest and strengthens the company’s Ticona engineering polymers business, including its global operations and advanced technical capabilities, the company said.

Cabot JV opens black masterbatch plant in China

Cabot has opened its new masterbatch plant in Tianjin, China, the specialty chemicals producer said on Monday. Construction of the $20 million black masterbatch project began in February 2011.

Neste Oil to sell Belgium polyalphaolefin plant to Chevron Phillips Chemical

Chevron Phillips Chemical (CPChem) has agreed to acquire a polyalphaolefin (PAO) plant located in Beringen, Belgium, from Neste Oil.

Huntsman plots expansion for US epoxy resins

US-based chemicals major Huntsman has begun initial plans to expand its epoxy resins product lines by launching a multi-million dollar engineering study at its facility in McIntosh, Alabama.