Petrochemicals
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.
Chem Safety Board to investigate third accident at metal powder plant in Tennessee
A four-person investigation team from the US Chemical Safety Board (CSB) was deployed on Friday to the site of a third serious accident at the Hoeganaes Corp. plant in Gallatin, Tennessee. An explosion was reported earlier on Friday at the plant, injuring five, including three who were in critical condition at the Vanderbilt University Medical Center burn unit in Nashville.
BASF to build 300,000 tonne/yr TDI plant in Europe
BASF announced Thursday that it will build the world’s largest single-train TDI (toluene diisocyanate) plant in Europe, with 300,000 tonnes/yr (tpy) of capacity and fully integrated with precursor production.
Huntsman licenses PO/MTBE technology to China’s Yantai Wanhua Polyurethanes
US chemicals producer Huntsman said Wednesday that it signed a license agreement with Chinese chemicals manufacturer Yantai Wanhua Polyurethanes for the production of propylene oxide (PO) and methyl tertiary butyl ether (MTBE) - a co-product of PO.
Honeywell to begin work on new transportation fuels refinery in Iraq
UOP LLC, a Honeywell company, said Wednesday that its technology has been selected for a new transportation fuel refinery to be built in Iraq, with design to begin in the second quarter of 2011.
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