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World Chemical News August 2019 by chemwinfo

World Chemical News  August 2019 by chemwinfo

World Chemical News, August 2019, by chemwinfo


29 August 2019

SIBUR and BASF join forces

for sustainable development.


One of the petrochemical companies'

sustainability priorities is to constribute to

the circular economy,

namely, to promote polymer recycling.


Currently only 16% of plastic waste is recycled..

Read more



Quaker Houghton has agreed to acquire

the operating divisions of Norman Hay plc,

a private UK company that provides

specialty chemicals, operating equipment,

and services to industrial end markets,

for a purchase price of 80 million GBP

(~$98 million at current rates)..

Read more 


28 August 2019


>>DOWNLOAD ACQUISITION PRESENTATION


DIC Corporation,

has entered into a definitive agreement

to acquire BASF’s global pigments business,

known as BASF Colors & Effects (BCE)..

Read more from DIC

Read more from BASF



27 August 2019

Petrofac awarded Central North Sea

decommissioning contract. 


Petrofac has been awarded

a well plugging and abandonment contract

with leading independent energy company,

Hess Limited,

a wholly owned subsidiary of Hess Corporation.


The agreement includes

provision of Well Operator and Well Engineering

Project Management services for four wells

within the Rubie and Renee fields,

200 km north east of Aberdeen.


The wells, which were previously shut-in

as part of an earlier decommissioning phase,

will now be fully abandoned..

Read more


Nouryon will double capacity at its surfactants plant

in Stenungsund, Sweden to support

the growth of several existing products

as well as new sustainable technologies for markets

including oil and gas, lubricants and fuels,

and asphalt.


The €12-million expansion and upgrade project

includes the installation of a new reactor

and is expected to be completed

by the first quarter of 2021..

Read more



Clariant to significantly expand production

of maleic anhydride catalysts in China..

Read more




BP today announced that it has agreed

to sell its entire business in Alaska

to Hilcorp Alaska, based in Anchorage, Alaska.


Under the terms of the agreement,

Hilcorp will purchase

all of BP's interests in the state

for a total consideration of $5.6 billion..

Read more


26 August 2019


Photo: The Cracker of the Future consortium, which includes
BASF, Borealis, BP, LyondellBasell, SABIC and Total,
aims to produce base chemicals while also significantly reducing carbon emissions

Using electricity produced from renewable sources

would significantly reduce cracker emissions.


Six petrochemical companies in

Flanders, Belgium, North Rhine-Westphalia, Germany,

and the Netherlands (Trilateral Region)

today announce the creation of a consortium

to jointly investigate

how naphtha or gas steam crackers

could be operated using

renewable electricity instead of fossil fuels.


The Cracker of the Future consortium,

which includes

BASF, Borealis, BP,

LyondellBasell, SABIC and Total,

aims to produce base chemicals

while also significantly reducing carbon emissions.


The companies have agreed to invest

in R&D and knowledge sharing

as they assess the possibility

of transitioning their base chemical production

to renewable electricity..

Read more

Media release published by Brightlands


21 August 2019


Nouryon invests in metal alkyls plant at Rotterdam.

Nouryon has made a series of investments

at its metal alkyls plant in Rotterdam, the Netherlands

to improve efficiency and increase capacity.


The projects will enable the company to continue

meeting growing demand from customers

in the polymer industry

and improve supply reliability in Europe..

Read more


Givaudan,

the global leader in flavours and fragrances,

today announced that it has acquired

Fragrance Oils

to strengthen its leading position

in the fast growing local

and regional customer market..

Read more

>>Givaudan website

>>Fragrance Oils website



20 August 2019


Sempra LNG announced that

Cameron LNG’s first train of

the liquefaction-export project

in Hackberry, La., has begun

commercial operations under

Cameron LNG’s tolling agreements..


Cameron LNG Phase 1, one of five LNG export projects Sempra Energy

is developing in North America, includes the first three liquefaction trains

that will enable the export of approximately 12 million tonnes per annum

of LNG, or approximately 1.7 billion cubic feet per day.

Read more



Dow will retrofit proprietary

fluidized catalytic dehydrogenation (FCDh)

technology into one of its mixed-feed crackers

in Plaquemine, Louisiana, to produce

on-purpose propylene..

Read more



16 August 2019


Elkem ASA acquires Basel Chemie,

a Korean producer of specialty silicone gels

for cosmetics and water repellents

for the construction industry.

>>DOWNLOAD BASEL CHIMIE COSMETICS BROCHURE


>>DOWNLOAD WATER REPELLANT BROCHURE

The acquisition gives Elkem access to

leading technology in attractive

end-user silicone segments and provides

a solid platform

for further development and growth..

Read more


15 August 2019

SIBUR upgrades and ramps up 

terepthalic acid production benefiting 

medicine, construction, food packaging, 

textiles and more..

Read more



Clariant announced the successful startup of

its CATOFIN catalyst at Hengli Group’s

new mixed-feed dehydrogenation plant

in Dalian, China.


The new unit combines

- propane dehydrogenation (PDH) with

- iso-butane dehydrogenation (BDH)

   process technologies, and it will

produce over 1 million tons of olefins per year

-- becoming the world’s largest plant

using CATOFIN catalyst technology...


Founded in 1994, Hengli Group is one of

China’s foremost suppliers of petrochemicals.


Hengli Group’s new dehydrogenation plant

in Dalian, China is designed to process

- 500 KTA of propane and

- 800 KTA of iso-butane feeds

to produce propylene and iso-butylene..

Read more




14 August 2019


Songwon Industrial Group

achieved a net profit of

12,826 Mil. KRW. for Q2/2019,

an increase of 56.8%

..Read more


BASF and Toray Advanced Composites

sign supply agreement to bring

innovative tape technology

to the automotive industry..

Read more


>>DOWLOAD BASF BROCHURE

BASF, Solvay and Domo Chemicals

reach agreement on acquisition of 

Solvay's polyamide business..

Read more form BASF

Read more from Solvay

Read more from Domo Chemicals


13 August 2019

BASF light stabilizers increase lifespan of

floating solar panel systems.

BASF’s range of light stabilizers include

UV absorbers that act by

shielding the polymer from UV light, and

Hindered Amine Light Stabilizers (HALS)

that act by scavenging radicals formed

in the photo-oxidation process.


In addition, BASF’s light stabilizers improve

manufacturing productivity with more

efficient continuous production,

offering high chemical resistance and

wide product stewardship compliance..

Read more




ALTIVIA will acquire

Dow’s Acetone Derivatives Business and

associated chemical manufacturing assets

at Institute, West Virginia,

as well as the Institute Industrial Park.


The Acetone Derivatives Business manufactures

Ketones and Carbinols, used primarily in the coatings,

adhesive and pharmaceutical industries.


It is the largest North American production facility

of its kind.

Read more



12 August 2019

>>DOWNLOAD SAUDI ARAMCO PRESENTATION

Saudi Aramco today announced for the first time

its half-year financial results. The Company’s

net income was $46.9 billion for the first half 2019

..Read more



Saudi Aramco and Reliance Industries Limited (RIL)

today have agreed to

a non-binding Letter of Intent (“LOI”)

regarding a proposed investment in

the Oil to Chemicals (O2C) division

comprising the Refining, Petrochemicals

and fuels marketing businesses of RIL.


Saudi Aramco’s potential 20% stake is based upon

an Enterprise Value of US$ 75 billion for

the O2C division.


This would be one of the largest foreign investments

ever made in India..

Read more 



PetroLogistics Awards McDermott

with FEED Contract for

500 KTA Gulf Coast PDH Project

- FEED scope includes development of a PDH plant

  to be constructed in U.S. Gulf Coast

- Development of the facility will support

  future growth of propylene in the U.S.

- McDermott selected due to its strength in

  engineering and extensive knowledge in executing

  fluid catalytic cracking (FCC) projects..

Read more

>>DOWNLOAD FCC TECHNOLOGY FACTSHEET



LANXESS is selling

its chrome chemicals business to

Brother Enterprises,

a Chinese leather chemicals producer.


Both companies today, August 12, 2019,

signed a respective agreement..

Read more




Ecolab Inc. has acquired

the business of privately held 

Chemstar Corporation,

a U.S.-based supplier of food safety

and cleaning and sanitizing solutions

focused on the grocery and food retail markets.

Chemstar and its Sterilox Fresh product line

serve customers in the U.S. and Canada, and

the company’s 2018 sales

were approximately $40 million..

Read more



9 August 2019

Kurita Water Industries Ltd. announced

net sales of 64,305 million yen and

profit attributable to owners of parent of

7,266 million yen, or 64.71 yen per share,

for the three months ended June 30, 2019

(April 1, 2019 – June 30, 2019)..

Read more



8 August 2019

Borealis CEO Alfred Stern

Borealis announces

a net profit of EUR 328 million

for the second quarter of 2019, compared to

EUR 293 million in the same quarter of 2018.

The solid result was supported by

good integrated polyolefin margins in Europe

and improved results

in the Borealis fertilizer business, which offset

a weaker polyolefins market in Asia..

Read more


7 August 2019

WACKER Opens Technical Center

for Tile-Adhesive Applications in Bengaluru, India.


The new technical center enables WACKER

to provide its customers in the local area

with even better support

in developing innovative solutions...

Read more


Clariant Catalysts expands in the Middle East

with new office in Saudi Arabia.


Clariant’s new office is thus ideally positioned

to serve regional customers with

its advanced catalysts for

petrochemical and refinery applications, as well as

offer dedicated assistance and technical services.


Clariant’s portfolio for refinery applications

includes catalysts for extremely efficient fuel

upgrading and purification, as well as

for removing sulfur, chlorine, arsenic and mercury.


The company’s solutions

for the petrochemicals industry comprise

high-performance catalysts for producing

main petrochemical building blocks,

such as ethylene, propylene, butadiene

and styrene, in addition to

a complete range of catalysts

for producing various grades of polypropylene..

Read more


6 August 2019

>>DOWNLOAD CABOT BROCHURE

Cabot Corporation 

announced that it will implement

a feedstock surcharge

for all specialty carbon black products

manufactured in North America

as a result of new low sulfur fuel regulations.


A surcharge of $0.07/pound will be effective

for all orders shipped

on or after September 16, 2019,

or as customer contracts allow, for

all specialty carbon black products

produced by

its Performance Chemicals segment

in North America..

Read more


BP and Reliance Industries Limited (RIL)

have agreed to form a new joint venture

that will include a retail service station network

and aviation fuels business across India.


Building on Reliance’s existing

Indian fuel retailing network and

an aviation fuel business, the partners expect

the venture to expand rapidly to help meet

the country’s fast-growing demand

for energy and mobility..

Read more



1 August 2019

Linde has started up a new gas production facility

supplying methane, hydrogen and carbon dioxide

to Evonik Industries' second world-scale

methionine complex on Jurong Island in Singapore.


The new plant complements an existing facility

which has been supplying these gases

to Evonik's first methionine complex

in Singapore since 2014..

Read more


>> DOWNLOAD LINDE'S INVESTORS PRESENTATION



Altura Lithium offtake update

Altura Mining Limited provide an update on

offtake arrangements for its flagship

Altura Lithium Mine located

at Pilgangoora in Western Australia.


Altura has continued to diversify its customer base,

executing a five-year BOA for 50,000 tpa of

6% grade spodumene concentrate (SC6) with

Guangdong Weihua Corporation (“Weihua”),

a market-leading Chinese based

lithium materials producer..

Read more

>>DOWNLOAD ALTURA'S PRESENTATION


CREDITS :

WEBSITES FROM LEADING CHEMICAL,

PETROCHEMICAL, OIL AND GAS COMPANIES


WWW.SET.OR.TH


AUGUST 2019

WWW.CHEMWINFO.COM  BY KHUN PHICHAI

SIBUR and BASF join forces for sustainable development

Tags : World  Chemical  News  August  2019  by  chemwinfo

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