Petrochemicals
Global materials firm Styron to change name to Trinseo in 2011
Styron, a leading US-based global materials firm formed in June 2010, has announced plans to change its company name to Trinseo.
CB&I wins contract for propane dehydrogenation unit, polypropylene plant in Kazakhstan
CB&I announced today that Lummus Technology, a CB&I company, has been awarded a contract from Kazakhstan Petrochemical Industries (KPI) for the license and basic engineering of a propane dehydrogenation unit and a polypropylene plant.
Poll shows 90% of Americans believe refining and petrochem manufacturing are important
A poll released today shows that 90% of Americans believe the nation’s petroleum refineries and petrochemical manufacturing plants are among America’s “most important” or “important” industries.
BASF foam insulating LNG pipes in Korea
BASF’s specialty foam Basotect is now for the first time being used to insulate pipes in a liquefied natural gas (LNG) tank terminal in Gwangyang, Korea.
EPA moves to electronic reporting of new chemical notices
The US Environmental Protection Agency will require electronic submissions for new chemical notices under the Toxic Substances Control Act (TSCA). Beginning today, companies can no longer submit their new chemical notices and support documents on paper for EPA’s review.
Solvay and Rhodia are joining together
Solvay and Rhodia have a framework agreement allowing Solvay to launch a friendly cash offer for 100% of the share capital of Rhodia. The cash offer at €31.60 per share values the equity of Rhodia at €3.4 billion and the enterprise value at €6.6 billion, representing a REBITDA multiple of 7.3x
Evonik starts up new isobutene plant in Antwerp
Evonik Industries, based in Essen, Germany, has started up a new facility to produce high-purity isobutene at its site in Antwerp, Belgium.
ExxonMobil Chemical opens technology center in China
ExxonMobil Chemical celebrated the opening of its Shanghai Technology Center today at a ceremony in Shanghai's Zizhu Science-Based Industrial Park. The $90-million facility represents a critical link for development of new premium products which can be manufactured or distributed globally.
Obama Administration issues statement on US energy security
On March 30, the office of the press secretary at the US White House issued the following statement concerning the US’ energy security.
Dow developing new polymeric flame retardant technology
Dow Global Technologies (DGT) today announced the invention and development of a new, high molecular weight brominated polymeric flame retardant (PFR).
- OMV and XRG complete transactions to create Borouge International, boosting global chemicals leadership 3/31
- Gevo announces major ethanol expansion project at North Dakota (U.S.) facility 3/31
- BASF and Avery Dennison collaborate to launch BASF’s newest acrylates based on renewable electricity: Butyl acrylate RE and 2-Ethylhexyl acrylate RE 3/31
- Russian oil tanker enters anchorage of Cuba's Matanzas port 3/31
- China's smaller independent refiners to curb output on rising oil prices 3/31
- India diesel exports to SE Asia hit 7-yr high in March due to Iran war 3/31
