Latest News from leading chemical companies
in September 2017
29 September 2017
Kemira has signed an agreement to form a joint venture
- Kemira TC Wanfeng Chemicals Yanzhou ("NewCo") -
with Shandong Tiancheng Wanfeng Chemical Technology ("Tiancheng").
NewCo will strengthen Kemira's position as the global leader
in Pulp & Paper industry and supports the growth of water treatment.
Ecolab agrees to acquire Georgia-Pacific Paper Chemical Business,
Transaction planned to expand Ecolab's offerings
for the paper industry. Read more..
Borealis announces that it will move to the FEED-phase
for a new, world-scale propane dehydrogenation (PDH) plant,
after successfully concluding a pre-FEED feasibility study
in June 2017. The facility is planned to be located
at the existing Borealis production site in Kallo, Belgium.
The planned PDH plant has a targeted
annual production capacity of 740 Kiloton per calendar year,
making it one of the largest and most efficient facilities in the world.
Cabot Corporation and Dow Celebrate Groundbreaking
of Cabot’s world-class, fumed silica plant located adjacent
to Dow’s
AkzoNobel’s Specialty Chemicals business has developed
a novel technology platform for producing ethylene amines
and their derivatives from ethylene oxide.
The range of ethylene amines targeted includes, but is not limited to,
DETA (diethylenetriamine) and TETA (triethylenetetramine),
which are key building blocks in a number of growth applications
such as epoxy curing, oil and road additives, and paper.
28 September 2017
Wacker to build new production facilities
for dispersions and polymer powders in South Korea.
Showa Denko (SDK) has obtained approval
from all required competition authorities,
including Germany and the United States, for its acquisition of
SGL GE Holding GmbH (SGL GE) effective September 27, 2017 (US time).
The transaction was announced earlier in our news release of October 20, 2016
entitled “Acquisition of the Graphite Electrode Business of SGL Carbon SE.”
The U.S. competition authorities approved the acquisition on condition that
SGL GE’s graphite electrode business in the U.S. is sold, and
SDK decided at its board meeting today to transfer that business to
Tokai Carbon Co., Ltd. (Tokai Carbon), which the U.S. competition authorities
have approved as the purchaser, after the closing.
27 September 2017
H.B. Fuller Company (NYSE: FUL) today reported financial results
for the third quarter that ended September 2, 2017.
* Net income for the third quarter of 2017 was $25.1 million,
or $0.49 per diluted share, versus net income of $32.7 million,
or $0.64 per diluted share, in last year’s third quarter.
Global Bioenergies announces that
its demo plant, located at the Leuna refinery site,
has successfully operated its entire technical process:
fermentation, purification, and filling station.
The first bottle containing renewable isobutene has been filled.
BASF SE has signed a contract with Synthomer Austria GmbH,
a subsidiary of the British specialty chemicals manufacturer
Synthomer plc,
for the sale of the BASF production site
for styrene butadiene dispersions
for paper coating in Pischelsdorf, Austria,
for a purchase price of €30 million. Read more..
All of AkzoNobel’s paint and coatings production in the Netherlands
is now powered by green energy, marking another milestone on
the company’s journey to becoming carbon neutral by 2050.
26 September 2017
Idemitsu Kosan Co.,Ltd. and Toray Industries, Inc. have entered
into an agreement for technical cooperation relating to OLED materials,
which both parties expect to be an area of future growth.
Air Liquide is expanding its healthcare business in Japan
with the acquisition of Sogo Sangyo Kabushiki Kaisha (“SSKK”),
a major Japanese player with a strong presence
in the home healthcare and medical gases markets
especially in the Tokyo region. Read more..
25 September 2017
Grupa Azoty's Tarnów Polyamide Plant II already in operation,
Polyamide Plant II [Wytwórnia Poliamidów II]
is the official name of the facility producing Polyamide 6,
one of the world’s most widely used engineering plastics.
The opening ceremony took place on Monday, September 25th,
on Grupa Azoty S.A. site in Tarnów.
Eastman Chemical Company and Origin Materials
(formerly known as Micromidas) have entered into
a non-exclusive license agreement for Eastman to license
its proprietary 2,5-Furandicarboxylic Acid (“FDCA”) and
FDCA derivatives production technology
from renewable resources to Origin Materials.
The largest initial FDCA applications are expected to be
to make 100 percent bio-based plastics, such as
polyethylene furanoate (PEF) for beverage containers and food packaging.
China's sudden halt on imports brings waste management back to reality.
The latest restrictions on imports of plastic waste to China
have been creating turmoil on the plastic waste markets.
For many years, Europe’s waste management systems have been actively
supporting and assisting the treatment of low quality plastics waste in China.
BASF further expands production capacity at specialty amines complex in
Nanjing, China to support rising demand in Asia. The plant
is scheduled to come on stream in 2019 and will mainly produce
1,2-Propylenediamine (1,2-PDA), n-Octylamine (n-OA)
and Polyetheramine (PEA). Read more..
21 September 2017
LyondellBasell begins production at new pp compounding plant
in Dalian, China. Read more..
DowDuPont Materials Science,
the business division of DowDuPont (NYSE: DWDP)
to be named Dow, announced the startup of its
new integrated world-scale ethylene production facility and
its new ELITE™ enhanced polyethylene production facility,
both in Freeport, Texas. Read more..
Calgon Carbon Corporation annouces agreement
to be acquired by Kuraray. A definitive merger agreement
under which Kuraray will acquire Calgon Carbon
for $21.50 per share in cash, which equates
to an equity value of approximately $1.1 billion,
and a transaction value in excess of $1.3 billion,
BASF invests in third plant for specialty zeolites used for
the production of mobile emission catalyst. New plant in Ludwigshafen,
Germany will double BASF's global specialty zeolites production capacity.
Specialty zeolites will allow the automotive and heavy duty diesel industry
to fulfill emissions regulations worldwide. Read more..
Braskem and A. Schulman enter into partnership to use
Green Polyethylene in rotomolding processess for customers seeking
more sustainable solutions when using compounds with high renewable content.
AkzoNobel studies plans to build world-clas EHEC plant,
Ethyl Hydroxyethy Cellulose. Read more..
20 September 2017
At the Sika Capital Markets Day in Zurich today,
Sika CEO Paul Schuler confirmed the 2020 strategic targets.
Heralded by the slogan “From patents to world-class products”,
more than 20 products and innovations from all target markets
were presented, including products for higher building standards,
for 3-D concrete printing and for electric vehicles.
INVISTA and its partner have decided to deploy
INVISTA’s most advanced adiponitrile (ADN) technology
at the Butachimie joint venture in France.
These considerable investments highlight INVISTA’s dedication
to the nylon 6,6 industry and positions INVISTA
and its customers with an advantaged and sustainable value chain.
Givaudan to acquire Nutrition Division of Centroflora Group,
Strengthens global offering of natural extracts.
BASF Venture Capital GmbH is leading an investment round
in the Swedish high-tech company
Applied Nano Surfaces Sweden AB (ANS),
headquartered in Uppsala, Sweden. ANS offers
unique surface treatment technologies to reduce friction and wear
in industrial and automotive applications. The investment is co-led
by the existing investor Fouriertransform AB. Read more..
The water treatment chemicals market is projected to grow
from USD 42.23 Billion in 2017 to USD 56.57 Billion by 2022,
at a CAGR of 6.0% from 2017 to 2022
By www.marketsandmarkets.com, Read more..
The structural adhesives market is projected to grow
from USD 10.41 Billion in 2016 to USD 15.72 Billion by 2022,
at a CAGR of 7.1% during the forecast period.
Structural Adhesives market by resin : Epoxy, Polyurethane,
Acrylic, Methyl Methacrylate, Cyanoacrylate and others.
By www.marketsandmarkets.com, Read more..
The refinery catalyst market was valued
at USD 6.60 Billion in 2016 and is projected
to reach USD 7.98 Billion by 2022,
at a CAGR of 3.2% from 2017 to 2022
By www.marketsandmarkets.com, Read more..
The global fatty alcohols market is estimated
at USD 4.72 Billion in 2017 and is projected
to reach USD 6.01 Billion by 2022,
at a CAGR of 5.0% between 2017 and 2022.
By www.marketsandmarkets, Read more..
19 September 2017
Chevron Phillips Chemical Company LLC
(Chevron Phillips Chemical) announced today
it has successfully completed commissioning
and begun start-up of its new polyethylene units
at Old Ocean, Texas. Each unit will produce
up to 500,000 metric tons annually to service
the ever-increasing global demand for polyethylene.
BASF to acquire Solvay's global polyamide business.
Arkema announces expansion of PVDF
fluoropolymer production in Calvert City in the USA.
18 September 2017
Venator Materials PLC (NYSE: VNTR) announced today that
it intends to close its
manufacturing sites by the end of 2017.
Simon Turner, President and CEO of Venator, said: "We continue
to drive improvement in our Performance Additives segment
and this latest milestone forms part of
the
that will be completed by the end of 2018."
Sun Chemical acquires Joules Angstrom U.V. Printing Inks Corp.
Emerald Kalama Chemical completed start-up
of its $40 million expansion at the company’s Rotterdam,
Netherlands site. The fully operational expansion
increases Emerald’s global capabilities, manufacturing
flexibility and capacity for Purox® B Benzoic Acid, Kalama® Benzaldehyde
and many downstream products, such as
Kalama® Hexyl Cinnamic Aldehyde (HCA) and
Kalama® Amyl Cinnamic Aldehyde (ACA). Read more..
Huntsman Raises Third Quarter 2017 Expectations
and Comments on the Impact of Hurricane Harvey
Givaudan to implement ambitious science-based targets
for greenhouse gas reduction. Read more..
IFF Expands Flavors Site in Cairo. Read more..
Clariant and Enviral, the largest producer of bioethanol in Slovakia,
today announced that they have signed a license agreement
on sunliquid® cellulosic ethanol technology. Read more..
in
normal operations after shutting down last month
due to Hurricane Harvey in south
and a previously announced fire at the German plant.
17 September 2017
Sadara Chemical Company (Sadara), anounces
the commercial start-up of its toluene di isocyanate (TDI) facility.
The production of commercial quantities of TDI marks
the full commercial operation of all facilities in the Sadara complex.
15 September 2017
Enerkem begins commercial production of cellulosic ethanol
from garbage at its state-of-the-art Edmonton biofules facility
in Canada. Read more..
Albemarle Corporation, a leader in the production of
lithium and lithium derivatives, announced today that
it has developed an innovative technology
that could enable Albemarle to sustainably increase
total lithium production in
125,000 metric tons of lithium carbonate equivalent (LCE) annually,
14 September 2017
Microwave Chemical and Mitsui Chemicals have entered into
a strategic partnership,Starting joint development of
microwav-based next-generation chemical process technologies.
Sinar Mas Cepsa starts up production
at EUR 300 million vegetable-based alcohols plant
in Dumai, Sumatra, Indonesia to produce fatty alcohols and acids
from sustainably-sources plam kernel oil for
the Asia, Eastern and Western European markets. Read more..
Cabot Corporation Opens Asia Technology Center in Shanghai,
The lab will support Cabot product lines including
rubber and specialty carbons, fumed metal oxides,
masterbatch and compounds,
activated carbon and inkjet colorants. Read more..
13 September 2017
Sabic continues global growth with innovatiove
polypropylene ventures in Europe. Read more..
DIC Corporation to expand the production capacity
for polyphenylene sulfide (PPS) compounds at
its Komaki Plant, in Aichi Prefecture. Read more..
Clariant enters partnership with Tiangang for producton of
high-end polymer additives in China,Process and light stabilizers,
12 September 2017
Hexcel, a global leader in advanced composites technologies,
has announced today that it will be launching
a new Government-backed £7.4 million research and development project,
MAXIM, and expanding its manufacturing facility in Leicester.
Alpek halts PTA supply to M&G as a result of overdue payments.
AkzoNobel has officially opened the world’s most advanced
and sustainable paint plant in Ashington, in the UK.
BASF expands paper coating portfolio for the Nordic market
at its site in Hamina, Finland. Read more..
DowDupont announces business portfolio realignments,
Targeted adjustments maintain and enhance value creation potential
and further optimize competitive advantages
of three industry-defining intended future companies. Read more..
Eastman Chemical Company (NYSE:EMN) today announced
completion of an expansion of its
dimethylaminopropylamine (DMAPA) and
alkyl alkanolamine capacity, which includes
Diethylaminoethanol (DEAE/DEEA), at its manufacturing facility
in St. Gabriel, Louisiana. Read more..
Hexcel launches £7.4m project to create new carbon fiber fabrics
for cutting-edge aircraft parts, Read more.
Solvay to launch polyetheketoneketone polymers,PEKK resin,
production to support the aerospacce market
with thermoplastic composite. Read more
11 September 2017
Sociedad Química y Minera de Chile S.A. (“SQM” or the “Company”)
announced today that the Company and its subsidiary
SQM Australia Pty Ltd (“SQM Australia”), have signed a purchase agreement
with MH Gold Pty Ltd, Montague Resources Australia Pty Ltd
and Kidman Resources Limited (“Kidman”, all together as the “Sellers”)
to acquire 50% of the assets in the lithium mining project called
Mount Holland, located in the State of Western Australia, Australia.
Linde LienHwa invests in local production of electronic materials
at two Taiwan facilities
C4F8 (octafluorobutane) purification and filling facility in Taichung
HCDS (hexachlorodisilane) transfill facility in Guanyin
Arkema reflects on the events in Crosby Site, Texas, after
the recent severe flooding. Read more..
CB&I announces CATOFIN technology award,
the propane dehydrogenation technology for propylene production,
for petrochemical plant in China. Read more.
10 September 2017
Air Products and Lu'An Clean Energy Company to form
$1.3 Billion Joint Venture for Coal-to-Syngas Project in
China's Shanxi Province. Read more..
8 September 2017
Global bio-solvents market is expected to reach
USD 9.43 billion in 2022 and is growing
at a CAGR of 7.8% between 2017 and 2022.
From Zion Market Research,
Bio-Solvents Market (Alcohol, Glycols, Diols, Lactate Esters,
D-Limonene, Methyl soyate & Others).. Read more..
Birla Carbon's greenfield facility commences operation,
120,000 metric tonnes carbon black project,
in Jining, China. Read more..
7 September 2017
Innovyn revised completion date for the project to convert
mercury cell room to membrane technology, Read more
The Hydrogen Council welcomes 11 new members
to its global membership group of 24 companies.
The Hydrogen Council’s member companies –
who collectively represent total revenues of
over €1.3 trillion and more than 2.06 million employees
around the world1 - include: Air Liquide, Alstom,
Anglo American, Audi, BMW GROUP, Daimler, ENGIE,
Faber Industries, Faurecia, First Element Fual (True Zero),
Gore, Honda, Hyundai Motor, Iwatani, Kawasaki,
Mitsui & Co, Plastic Omnium, Plug Power, Royal Dutch Shell,
Statoil, The Linde Group, Total, Toyota and Toyota Tsusho.
6 September 2017
Toyo Engineering Korea Limited awarded an EPC project
from PT Chandra Asri Petrochemical Tbk (CAP),
involving construction of a HDPE, LLDPE and
mLLDPE Swing Plant with a total capacity of 400,000 tons/year
at CAP’s existing petrochemical complex
in Cilegon, Banten, on the western tip of Java, Indonesia.
Braskem and Sherwin-Williams: Strengthening
the customer-supplier-customer relationship.
Air Liquide signs a long term contract with PEMEX for
the supply of hydrogen to the Tula refinery in Mexico.
5 September 2017
Sika has agreed to acquire KVK Holding a.s,
headquartered in Prague, Czech Republic,
a leading manufacturer of waterproofing
and roofing systems as well as
a wide range of mortar products. Read more..
PPG completes sale of remaining fiberglass operations
to Nippon Electric Glass. Read more..
Lanxess accelerates profitable growth, New medium-term
financial targets : operating margin
between 14 and 18 percent from 2021.
INEOS Oxide plans to build a 300,000 MT/year VAM plant in Europe,
Evonik opens new plant for specialty silicones in Shanghai, China.
A wide range of organically modified specialty silicones used in,
for example, polyurethane, paints, and coatings applications
as well as in a variety of industrial applications. Read more..
Asahi Kasei and Bluestar establish joint ventures for
mPPE business_modified polyphenylene_in China.
AkzoNobel and Itaconix to develop bio-based chelates
for the detergent industry, Read more.
4 September 2017
Total and Linde agree 15-year extension to gas supply contract
,worth approximately EUR 1 billion and due to take effect
on 1 January 2018.
Oxygen, hydrogen and nitrogen
for Linde’s largest single customer in Germany. Read more..
H.B. Fuller Company has signed an agreement
to purchase Royal Adhesives & Sealants, a leading manufacturer
of high-value specialty adhesives and sealants,
$1.575 billion acquisition expected
to creat significant shareholder value while enhancing 2020 plan
DSM developing novel materials solution for high-pressure
composite tanks for hydrogen storage..
Blow molded liner made of Akulon® Fuel Lock,
a polyamide 6-based engineering plastic and
unidirectional (UD) continuous fiber-reinforced
thermoplastic tapes made of EcoPaXX® polyamide 410
BASF completes acquistion of waterproofing systmes supplier
GRUPO THERMOTEK in Mexico. Read more..
1 September 2017
Givaudan completes acquisition of Vika B.V. Read more..
DowDupont merger successufully completed. Read more..
Bluestar Silicones becomes Elkem Silicones. Read more..
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