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The VAM unit in Tarragona, Spain, has a capacity of 200,000 tpy. Celanese said the decision to sell the plant was driven by a recently completed assessment of the company's overall corporate strategy, which included an assessment of the company’s global manufacturing facilities.
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The new INEOS-Solvay business will have 5,650 employees and combine operations across the chlorvinyls chain, including polyvinyl chloride (PVC), chlorine and caustic soda. The merged enterprise would have combined net sales of €4.3bn ($5.7bn), based on 2012 results.
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In the presented case study, an innovative design for an integrated CGC-DeC3 system introduces part of the heavier condensate from the early compression stages directly into the high-pressure (HP) depropanizer.
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Key features of the Lupotech T tubular technology and the Lupotech A autoclave technology include low manufacturing and investment costs, fast start-up and grade changes, and high quality LDPE and copolymers with up to 40% EVA covering the entire range of melt flows and densities.
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The analysis results indicate that, while investment capital for new plants favors LLDPE, plant profitability—which is a function of product slate (revenue) and cost—is, in many cases, higher for LDPE plants.
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With the prospect of abundant low-cost ethane, several producers have announced intentions to build new ethylene capacity.
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Used worldwide by ExxonMobil Chemical and its licensees, the company's high-pressure tubular process has been in operation since 1968 and has a long history of improvements and capacity expansion. The company also licenses autoclave technology for producing LDPE.
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The licensing enables Cryo to design and offer Air Products' unreacted olefin recovery technology, which has been proven through the development, testing, and successful operation of three full-scale facilities that Air Products designed and supplied to PP and PE producers in the US.
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PolyOne CEO Stephen D. Newlin said the assets comprise the company's only remaining business involved in the direct manufacture of base resins. As such, PolyOne said it views the sale of its resin production assets as a natural and next step for its evolving portfolio.
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Dr. Moayyed Al-Qurtas, vice chairman of The National Industrialization Company of Saudi Arabia, better known as Tasnee, said new projects have become much more sophisticated and demanding.
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The project will add a third production line to Nippon Synthetic's two existing lines to meet rising global demand for plastics for food packaging, and to take advantage of less costly petrochemical feedstocks in the US where supply has been abundant due to booming shale gas and oil production.
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The $400 million expansion efforts will provide the company with the necessary manufacturing capabilities to readily supply global demand while positioning its CPVC business for future growth.
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Sasol, the world's largest producer of motor fuels from coal, has a 50% stake in Arya Sasol Polymer Co., a $900 million Iranian petrochemical project. The company said last year it was putting the business up for sale. "Strategically it didn't make sense to stay," said CEO David Constable.
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The Nanjing plant will produce specialty esters, phthalate-free plasticizers and other oxo derivatives for the local market. Oxea expects the new plant to be mechanically complete at the end of 2013.
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Two separate lines will produce polymers for the industrial and consumer specialties unit and the company's oil and mining services business. These range from emulsifiers and rheology modifiers for use in face creams, to fluid loss control additives for well cements used in oil and gas drilling.
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The new trading arms will enhance SIBUR’s flexibility in adjusting to clients’ needs, give the company extra competitive edge in strategic markets, and increase sales through access to end consumers, according to the company. Turkey is one of the global leaders for polypropylene consumption.
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TPC Group first entered the market in May 2000 with the startup of its patented PIB process. Since that time, the company has grown significantly through multiple expansions to become the largest producer in North America. TPC supplies the market from its Houston production facility.
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Honeywell will be the main automation contractor (MAC) for this project, providing Linde and other engineering, procurement and construction contractors involved in the project with integrated control and safety systems. Honeywell’s technologies were previously implemented at the Borouge UAE site.
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The upgrade will increase the Singapore plant's capacity to produce polyols -- industrial chemicals used to make high-quality foams -- by more than 100,000 metric tpy to 360,000 tpy. The company didn't provide any financial details but said it expects to complete the upgrade in 2014.
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The downstream industry is investing billions of dollars in the development and construction of grassroots facilities, along with expansions and upgrades to existing plants.