Polymers
Yantai Wanhua to start up China propylene plant in 2013, use UOP technology
Honeywell’s UOP has been selected by Yantai Wanhua Polyurethanes to provide propylene production technology for a new plant projected to come online in 2013. Yantai Wanhua will use Honeywell's UOP process technology, catalysts and adsorbents to produce propylene, a building block for films and packaging, and isobutane, a raw material used in the polyurethane production process, at its facility in Yantai, China.
Thailand's PTT Chemical to buy 50% stake in bioplastics firm NatureWorks
PTT Chemical is buying from Cargill a 50% stake in NatureWorks, a leading bioplastics manufacturer and supplier of renewable Ingeo biopolymers made from plants to global plastics and fibers markets. PTT will pay $150 million for its 50% part in the venture, it said.
Dow, Saudi Aramco finalize Sadara Chemical JV
Saudi Aramco CEO Khalid A. Al-Falih and Dow CEO Andrew N. Liveris have formalized their joint venture (JV) for Sadara Chemical Co. by signing the shareholders agreement. Ali Ibrahim Al-Naimi, Saudi Arabia Minister of Petroleum and Mineral Resources and chairman of Saudi Aramco, presided over the weekend ceremony.
Saudi Aramco, Dow see “significant progress” on chemical venture
The establishment of Sadara Chemical Company, a planned joint venture under formation between Dow Chemical and the Saudi Arabian Oil Company (Saudi Aramco), is making significant progress following the authorization by both companies in late July, officials from Dow said on Tuesday.
MAN Diesel to supply compressors for China plant
MAN Diesel & Turbo has secured an order for 24 compressor units for an integrated chemical complex in Chongqing, China, the company said on Wednesday. The order size is about €50 million.
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
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
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
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.
- 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
