Polymers
Cereplast inks bioplastic distribution deal in Turkey
Cereplast on Tuesday announced a three-year distribution agreement with GAMA Plastik AS to supply bioplastic resin in Turkey. The country is one of the fastest growing plastics markets in the world and third in terms of market share in Europe behind Germany and Italy.
Dow, Saudi Aramco finalize Sadara chemical JV; senior officials named
Dow Chemical and Saudi Aramco on Monday announced the official formation of Sadara Chemical Co. (Sadara), a joint venture between the two companies. First production units are expected to come on line in the second half of 2015. All units are expected to be up and running in 2016.
SABIC helps Hyundai's QarmaQ crossover go green
Saudi Basic Industries Corp. (SABIC) will take part in the 10th International Plastics and Petrochemicals Trade Fair to showcase its range of polymer solutions. A highlight of the SABIC pavilion will be Hyundai's QarmaQ crossover utility vehicle.
Eastman completes Netherlands resins expansion
Eastman Chemical said Friday that it has completed the expansion of its hydrogenated hydrocarbon resins facility in Middelburg, The Netherlands. With the expansion, the company has doubled capacity at the site since 2006.
Technip wins EPC deal on Thailand elastomer plant
Michelin Siam Co. awarded Technip with a lump sum turnkey engineering, procurement and construction (EPC) contract for a new elastomer composite plant to be built in Thailand. Technip’s operating center in Bangkok, Thailand will execute the contract, which is scheduled to be completed in early 2013.
Celanese to buy polyvinyl acetate lines of Ashland
US-based specialty chemicals firm Celanese has agreed to acquire polyvinyl acetate assets from Ashland, including its Vinac and Flexbond product lines, to support strategic growth of Celanese’s emulsion polymers business. Revenues of Vinac and Flexbond were approximately $45 million in 2010.
Dow, Saudi Aramco select Jacobs for engineering, construction of chemicals venture
Jacobs Engineering Group was awarded an engineering, procurement and construction management (EPCM) contract for the Chemicals 1 Envelope of Sadara Chemical Co., the joint venture between Dow Chemical and Saudi Aramco. Construction work on the project has already started and is scheduled to be completed by early 2015.
Dow, Mitsui finalize Brazil biopolymers joint venture
Dow Chemical and Japan-based Mitsui & Co. have secured all necessary governmental regulatory approvals to complete the formation of their previously-announced 50-50 joint venture for biopolymers in Brazil. This represents the world’s largest biopolymers play and Dow’s largest investment in Brazil, a country in which Dow has operated successfully for more than 50 years.
DuPont says 2011 Asia-Pacific sales to grow 20% amid rising populations
DuPont’s East Asia president Carl J. Lukach told investors at the CLSA Asia Forum that his company is on track to generate approximately 20% sales growth this year in Asia Pacific, versus 2010 revenues of $7.3 billion. Lukach said new product and market innovations in China, India, Japan and ASEAN are driven by macro-economic factors and demographic shifts, especially a growing middle class in the region.
SABIC chief meets Chinese delegations, notes high commitment to China ops
Saudi Basic Industries Corp. (SABIC) hosted senior Chinese official He Lifeng – vice party secretary of the Tianjin city government – on Friday at its headquarters in Riyadh, offering what the company said was a strong sign of support for its growing business profile in China.
- Ducor Petrochemicals, Blue Circle Olefins partner to create a fully circular supply chain for polypropylene 11/18
- World's first: Air Liquide’s innovative technology converts ammonia into hydrogen at industrial scale 11/18
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
- ASTM International signs MoU with Gulf Cooperation Council Laboratory Company for Technical Services (GCC Lab TSCo.) 11/18
- KBC launches Visual MESA Energy Management System 7.3 11/18
- MHI Compressor secures steam turbine contract at Baton Rouge (U.S.) olefins plant 11/18
