Petrochemicals
HB Fuller buys engineering adhesives firm Tonsan
With this acquisition, HB Fuller will add strong customer relationships in engineering adhesives markets, new manufacturing facilities, and strong product and technology development capabilities.
Afton Chemical breaks ground on new Singapore chemical additives plant
Designed and located to support the growth of the Asia-Pacific and Middle East markets, the plant will start to produce components in January 2016 to support the next generation of additive solutions.
Dow Chemical set to begin construction on new Texas ethane cracker
The projects announced for the Freeport site represent many workers, with 4,000 required for construction of multiple feedstocks, derivatives and supporting infrastructure projects.
Clariant to build catalyst R&D center in Shanghai
The R&D center is expected to begin operation by 2015 with the goal of developing catalytic solutions tailored to Chinese market requirements and enhancing technical service support to local customers.
US chemical activity barometer continues uptrend
Measured on a three-month moving average (3MMA), the ACC Chemical Activity Barometer's 0.5% gain beat the average first quarter monthly gains of 0.3%.
Phillips 66 buys specialty lubricants firm Spectrum
"The acquisition of Spectrum complements our strong-performing Lubricants business by increasing our access to specialized global lubricants markets and is in line with our strategy to selectively grow our marketing and specialties segment," said Tim Taylor, president of Phillips 66.
Europe to raise annual chemical output in 2014
European chemicals output will grow by 2.0% this year, driven by rising demand from customer industries, particularly car-makers, and some stabilization in the construction industry.
ExxonMobil Chemical starts construction of US ethane cracking project
The Baytown steam cracker will have capacity of 1.5 million tpy and provide ethylene feedstock for downstream chemical processing, including two new polyethylene (PE) lines.
Chevron Phillips breaks ground on new Texas polyethylene projects
The construction of the new plants in Old Ocean, Texas, includes two world-scale polyethylene units that will each produce 500,000 tpy of plastic resin for Chevron Phillips Chemical.
NOVA Chemicals begins Bakken Shale ethane use
“The introduction of Bakken Shale-based ethane into the feedstock diet at Joffre marks an important milestone in the diversification of our ethane sources for the region and our NOVA 2020 strategy to capitalize on North American demand,” said Todd Karran, acting CEO for NOVA Chemicals.
- Industry collaboration brings new insights on corrosion under insulation 7/1
- IMI secures major contract to supply wireless vibration monitoring solution in Omani refinery 7/1
- KBR, ReVentas partner to scale polymer dissolution technology to recycle polyethylene and polypropylene 7/1
- Yara to reallocate capital from abandoned $2.9-B Louisiana Clean Energy complex project 7/1
- Schneider Electric to acquire Cognite in $3.1-B all cash deal 7/1
- BASF and Carlyle complete coating transaction, an enterprise value of €7.7 billion 7/1
