Polymers
A Schulman acquires US compounder ECM Plastics
The deal is valued at $36.5 million and should close in September. "With ECM’s expertise in custom color matching, higher-value compounding and specialty additive formulations, we believe they are an excellent strategic fit as we continue to focus on niche products," said Joseph M. Gingo, Schulman CEO.
BASF joins collaboration to develop bio-acrylic acid
BASF, Cargill and Novozymes recently signed an agreement to develop bio-based technologies to produce acrylic acid from renewable feedstocks. The annual global market volume of acrylic acid is around 4.5 million tons, with a value of $11 billion at the end of 2011.
Mexichem eyes US ethylene venture with OxyChem
Mexichem said it signed a memorandum of understanding with OxyChem on July 30 to build a cracker that would produce 500,000 tpy of ethylene. Most of ethylene would be used by OxyChem at its plant in Ingleside, Texas, to produce 1 million tpy of vinyl chloride, a raw material used in the production of PVC.
CB&I wins work on BASF Belgium butadiene project
This award, valued in excess of $50 million, builds on CB&I’s existing relationship with BASF as licensor of its butadiene technology, according to the companies. The plant is scheduled to start up during 2014.
Invista acquires Europe, Mideast licensing rights to PTA, PET technologies
In 2000, the ownership of intellectual property and licensing rights for the region transferred to a regional joint venture company established by INVISTA’s and La Seda’s predecessors. Until Wednesday, licensing had required collaboration between the two companies.
UOP technology chosen to boost yields at Romania synthetic rubber plant
Energy Bio-Chemicals will use UOP’s KLP process to purify butadiene, a monomer used to produce synthetic rubber, at the company's CAROM Onesti styrene-butadiene rubber (SBR) facility. The project is part of a modernization investment program to upgrade butadiene installation and increase production.
HP Insight: How long is an economic cycle for the HPI?
As summer takes hold in the Northern Hemisphere, demand for energy in various forms increases. In looking back over the past 90 years, energy demand and pricing cycle through high and low points. In 2..
HP Construction: Europe
Haldor Topsøe has selected UOP LLC, a Honeywell company, to provide technology to purify hydrogen from a steam-reforming unit to be installed at the Antipinsky refinery in Tyumen, Russia. Honeywe..
HP Construction: Middle East
Jacobs Engineering Group Inc. has a design contract from Saudi Kayan Petrochemical Co., an affiliate of Saudi Basic Industries Corp. (SABIC), to develop a process design package (PDP) and front-end en..
HP Construction: Asia Pacific
Alfa Laval has an order from a Technip Samsung Consortium (TSC) to supply equipment to Shell’s Prelude floating liquefied natural gas (FLNG) facility. The Alfa Laval equipment consists of desalin..
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
