Petrochemicals
Nalco and LUKOIL form energy chemicals JV for Western Siberia
Nalco’s Russian subsidiary has formed a joint venture with a subsidiary of OAO LUKOIL to provide energy chemicals and services in Western Siberia.
SABIC building a plastics applications development center at Saudi university
The Saudi Basic Industries Corp. (SABIC) has signed a construction contract with El Seif Engineering Contracting to build a new SABIC plastics application development center (SPADC) at the Riyadh Techno Valley research complex inside the King Saud University (KSU) campus in Saudi Arabia.
INEOS and BASF establish global styrenics company called Styrolution
INEOS Industries Holdings and BASF SE intend to combine their global business activities in styrene monomers (SM), polystyrene (PS), acrylonitrile butadiene styrene (ABS), styrene-butadiene block copolymers (SBC) and other styrene-based copolymers (SAN, AMSAN, ASA, MABS) as well as copolymer blends into a new joint venture called Styrolution.
ProSep to collaborate in Saudi Arabia with Bandariyah International Group
ProSep Inc. has signed a collaboration agreement with Bandariyah International Group, a supplier to the Saudi Arabian oil and gas and petrochemical industries.
BASF buys CRI/Criterion’s global styrene catalysts business
BASF has signed a purchase agreement to acquire the styrene catalysts business of CRI/Criterion, a wholly owned subsidiary of Shell based in Houston, Texas. Financial details of the transaction are not being disclosed.
Tronox to resolve environmental liabilities with US government
The US Environmental Protection Agency (EPA), the US Justice Department and the US Attorney for the Southern District of New York announced that Tronox Inc. has agreed to resolve its environmental liabilities for $270 million and 88% of Tronox’s interest in a pending litigation.
SABIC opens new polyolefin logistics center in the UK
Saudi Basic Industries Corporation (SABIC) recently opened its polyolefin logistics center in northeast England, which is replacing SABIC’s current logistics center in the UK.
Enterprise purchases isobutylene facility
Enterprise Products Partners has acquired out of bankruptcy a Houston Ship Channel facility previously owned by Bigler LP that produces high-purity isobutylene (HPIB) and provides terminal services for refined products and petrochemicals.
Bayer MaterialScience increases downstream presence in China
Bayer MaterialScience has announced plans to invest €110 million to build five new downstream facilities in China by 2012, as part of an ongoing process to serve the booming manufacturing sector in the country.
Arkema to invest $110 million in its US acrylics businesses
Arkema has an investment plan for its acrylics sites in Clear Lake and Bayport, Texas.
- 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
- INPEX extends MoU with Persero for Abadi LNG project in Indonesia 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
