World Chemical News, November 2019, by chemwinfo
29 November 2019
Clariant and Plant Advanced Technologies (PAT)
It includes the subscription of
approx. 10% equity shares of PAT by Clariant,
and exclusive distributionship.
Renowned for its highly sustainable
and cutting edge technologies,
PAT develops unique and powerful
plant-based active ingredients for cosmetics..
26 November 2019
Mitsubishi Chemical Corporation will acquire
the thermoplastic polyurethane elastomer (TPU)
AdvanSource Biomaterials Corporation (ASB)
Mitsubishi Chemical Performance Polymers, Inc. ,
the performance polymers business in the U.S.,
MCC plans to complete the acquisition
ASB has a premium TPU business in the U.S.,
and its products are used mainly
such as cardiovascular catheters.
TPU’s characteristics, such as biocompatibility,
antimicrobial properties, and flexibility,
make this product indispensable in
the use and applications such as
other devices designed for body insertion..
>>AdvanSource Biomaterials Corporation
Enters into a Definitive Agreement
to Sell Substantially All of its Assets
to a Subsidiary of Mitsubishi Chemical America..
27 November 2019
Givaudan double flavour production capacity in China
with expansion of Nantong manufacturing facility.
The Nantong manufacturing facility will strengthen
the Company’s existing capabilities
in savoury and culinary flavour blends,
snack seasonings, spray dries and liquid flavours.
About 150 people are currently employed on site
of which a large majority have been recruited locally..
25 November 2019
His Excellency Mr. Saad Sherida Al-Kaabi,
the Minister of State for Energy Affairs,
the President and CEO of Qatar Petroleum,
at a press conference held in Doha
Qatar’s LNG production capacity
to 126 million tons per annum (mtpa)
by 20 representing an increase of 64%
Zhanjiang, Guangdong province, China,
and commenced building its first plants.
investment project announced in July 2018.
thermoplastic polyurethane (TPU)
in the southern China market and throughout Asia..
22 November 2019
Altura Ships Record Lithium Concentrate Cargo..
Read more
21 November 2019
Shell uses plastic waste to produce chemicals
Today Shell announced it has successfully made
using a liquid feedstock made from plastic waste.
for hard-to-recycle plastics and
to use one million tonnes of plastic waste a year
in its global chemicals plants by 2025..
its new advanced polymer pilot plant
in Rosignano, Italy, to produce new plastics
from increasingly higher levels of waste plastics..
the groundbreaking of its previously announced
carbon black capacity expansion project
This phase of the project will add
approximately 80,000 metric tons
of additional annual production capacity
and is expected to be completed in 2021..
19 November 2019
addressed this 2019 Responsible Business Forum
on Sustainable Development in Singapore
to discuss circularity and the Alliance’s role
in helping end plastic waste in the environment..
18 November 2019
McDermott Awarded Ethylene Technology
and Extended Basic Engineering Contract in Russia
>>DOWNLOAD LUMMUS ETHYLENE BROCHURE
KBR has been awarded a contract for
Vinyl Acetate Monomer (VAM) technology by
Shenghong Refinery Petrochemical (Lian Yun Gang)
This is the first commercial VAM technology license
secured under an alliance agreement between
to commercialize SDK's VAM technology
KBR will provide License and Basic Engineering Design
for a 300 KTA VAM unit to be constructed in
Lianyungang, China, as part of
an integrated refinery and petrochemical complex..
BASF Acquires 3D Printing Service Provider
Acquisition drives market growth
for BASF customers and partners
Access to new materials and technologies
for customers of BASF and Sculpteo
15 November 2019
Creating new customer value through innovations..
14 November 2019
the operations of a new mortar plant
at its existing site in Addis Ababa, Ethiopia,
of locally manufactured products.
Ethiopia is the fastest-growing market south of the Sahara
Investment projects sponsored by the Ethiopian government and aimed at
rapidly developing the country’s infrastructure are making a major contribution
to the dynamic development of this country. According to estimates ,
the construction industry in Ethiopia is set to grow by 12 % in 2019
and by 8 to 9 % on average between 2019 and 2028.
After building a production facility
for concrete admixtures in 2016,
this is a further step in extending the presence
in the promising Ethiopian construction market..
13 November 2019
Chemetall completes expansion of its production site
12 November 2019
Neste, the world’s leading provider of renewable diesel,
renewable jet fuel, and an expert in delivering
drop-in renewable chemical solutions, and
the world’s leading distributor and recycler of polymers,
are joining forces to develop chemical recycling
to reach significant industrial scale.
Neste and Ravago have set a joint target
to process over 200,000 tons of waste plastic..
Linde Reports Third-Quarter 2019
Steve Angel
Chief Executive Officer
Sales $7.0 billion, ex. FX +4% versus prior year
Operating profit margin 14.3%,
adjusted pro forma operating profit margin 19.8%
Strong operating cash flow of $1.9 billion
EPS $1.34, adjusted pro forma EPS $1.94
Raised full-year adjusted pro forma EPS guidance
8 November 2019
Givaudan today announced that it has reached
the US based Flavour, Fragrance
and Specialty Ingredients company..
7 November 2019
Solvay announces its G.R.O.W. strategy
to drive growth, cash and returns..
>>DOWNLOAD SOLVAY STRATEGIC REVIEW
Perstorp breaks ground in India
to significantly boost Pentaerythritol business.
Construction of the Gujarat plant started
in October this year, with commercial production
When fully operational, the site will employ 120 people.
The investment will significantly
expand Perstorp’s Penta production capacity,
designed to produce 40 KT of Penta per annum
McDermott' Lummus Technology awarded for
Formosa Chemicals Industries Ningbo Limited
grassroots AMS (alpha-methylstyrene) recovery unit
Award includes technology license
and basic engineering services
Commercialization of this technology
improves margins, lessens environmental footprint..
>>DOWNLOAD LUMMUS TECHNOLOGY BROCHURE
BASF New Business and NGK INSULATORS, LTD.
are expanding their existing partnership
to a joint development agreement (JDA) for
NGK’s NAS battery is the world’s
first commercialized megawatt-class battery
to store large amounts of electricity for hours..
4 November 2019
Nouryon and US-based startup Forge Nano
a joint collaboration in ultra-thin coatings
including batteries and catalysts.
called atomic layer deposition (ALD),
to open up entirely new applications..
>>Learn more about ALD Solutions
Covestro successfully closed the sale of
its European Systems Houses business to
effective as of November 1, 2019.
The business comprises facilities
in the Netherlands, Denmark, Spain, Germany
and further businesses in Italy.
are generating annual sales of some EUR 230 million.
The sale of the systems houses is part of
Covestro’s ongoing efforts to optimize its portfolio.
The systems houses are offering
tailor-made polyurethanes systems for customers.
With its new owner H.I.G. Capital,
the European Systems Houses now
have the perspective to position themselves
as an independent, focused player
The newly formed business will trade
3 November 2019
the world’s largest integrated oil and gas company,
the Government of the Kingdom of Saudi Arabia
(the “Kingdom”, the “Government”
or the “Selling Shareholder”),
today announces its intention to proceed
with an initial public offering
on the Main Market of Tadawul..
>>DOWNLOAD ARAMCO PRESENTATION
>>DOWLOAD FINANCIAL INFORMATION
CREDITS :
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PETROCHEMICAL, OIL AND GAS COMPANIES
and
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NOVEMBER 2019
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