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World Chemical News, September 2019, by chemwinfo

World Chemical News, September 2019, by chemwinfo

World Chemical News, September 2019, by chemwinfo


30 September 2019


BASF Group's second most important production center is located in Antwerp.

The Verbund site is about six square kilometers large

and includes around 50 plants, bundled into 15 integrated production clusters.


BASF to expand integrated ethylene oxide

and derivatives complex

at its Verbund site in Antwerp.


The total investment adds

about 400,000 metric tons per year

to BASF’s production capacity

for the corresponding products with

an expected investment

amount exceeding €500 million.


Additional investments

in several ethylene oxide derivatives plants

are part of the project and will be pursued

in line with the ethylene oxide expansion.


These derivatives include

non-ionic surfactants,

glycol ethers for automotive applications,

and various other downstream alkoxylates..

Read more



27 September 2019


Methanex posts regional contract methanol prices

for North America, Europe and Asia. 


Asia Pacific

USD 295/MT

(Valid October 1, 2019 - October 31, 2019)
Asian Posted Contract Price
Posted September 27, 2019


North America

USD 1.03Gal*
USD 342MT

(Valid October 1, 2019 - October 31, 2019)
Methanex Non-Discounted Reference Price
Posted September 25, 2019


Europe

Euro 280/MT

(Valid October 1, 2019 - December 31, 2019)
Methanex European Posted Contract Price
Posted September 24, 2019


* Convert to $/MT using a conversion rate of 332.6 Gal per MT

Methanex Methanol Price Sheet (PDF 134KB)

Historical Methanex Posted Price (PDF 201KB)

Please note: Price sheets are updated

at the end of each month and posting time may be delayed.


We are the world's largest producer

and supplier of methanol

to major international markets in

North America, Asia Pacific, Europe and South America.


Sources : Methanex




CEO Presentation

Keynote Strategy Implementation

Dr.Martin Brudermuller

Chairman of the Board of Executive Directors

BASF SE

September 27,2019

>>DOWNLOAD BASF PRESENTATION


26 September 2019


Solvay Vision of the Soda Ash Industry

- Striving for Security of Supply and Sustainability

Christophe Clemente

President Solvay Soda Ash & Derivatives


IHS Markit World Soda Ash Conference Cannes |

September 26th 2019

>>DOWNLOAD SOLVAY SODA ASH PRESENTATION



25 September 2019

>>DOWNLOAD ADM PRESENTATION AUGUST 2019

Archer Daniels Midland Company and LG Chem

today announced a joint development agreement

to create biobased acrylic acid,

a foundational element required

in the manufacture

of superabsorbent polymers (SAP)

used in a range of hygiene products,

including diapers..

Read more


23 September 2019


Umicore announces partnership with LG Chem

for the supply of NMC cathode materials.

Umicore and LG Chem have concluded

a multi-year strategic supply agreement for

NMC (Nickel Manganese Cobalt) cathode materials

to serve LG Chem’s needs out of Umicore plants

in Poland, Korea and China.


The supply agreement takes effect in 2020 and

covers a total volume of 125,000 metric tonnes

to be delivered over several years.

The companies are also entering

a technology licensing arrangement

covering fundamental IP rights..

Read more

>>Go to Umicore Rechargeable Battery Materials



BASF to sell its ultrafiltration membrane business

to DuPont.

BASF and DuPont Safety & Construction (DuPont)

today announced that the companies have signed

an agreement where BASF will sell

its ultrafiltration membrane business to DuPont.


The divesture includes the shares of

inge GmbH,

the business’ international sales force,

its headquarters and production site

in Greifenberg, Germany, and certain intellectual property

currently owned by BASF SE..

Read more



20 September 2019

McDermott to Explore Strategic Alternatives for

Lummus Technology.


Company recently received unsolicited approaches

for Lummus Technology

with valuation exceeding $2.5 billion..

Read more

>>DOWNLOAD LUMMUS TECHNOLOGY BROCHURE



LyondellBasell adds new production

at Knapsack, Germany 

creating

world's largest polypropylene compounding facility..

Read more


19 September 2019


One hundred and twenty-five years young –

LANXESS sulfuric acid plant

celebrates its birthday.


New production line and new laboratory building

in Leverkusen are close to completion.


Sulfuric acid is just as in demand today

as it was in 1894 and is used in

a variety of innovative fields.


For example, it is a primary product for

the manufacture of batteries for electric vehicles

and also plays a key role in

the production of computer chips.


Due to its high degree of purity,

LANXESS sulfuric acid

is even approved for food production.


The inorganic acid is used

in an extremely diluted form

as a technical auxiliary material and

the additive E 513 in dairies for making products

such as cheese, but also in sugar factories

and in drinking water treatment.


The E 513 food additive can also be used

for organic products..

Read more



18 September 2019

Entegris, Inc. (Nasdaq: ENTG),

a leader in specialty chemicals

and advanced materials solutions, announced today

it has acquired 

Hangzhou Anow Microfiltration Co., Ltd.,

a filtration company for diverse industries

including semiconductor, pharmaceutical,

and medical..

Read more


17 September 2019



SIBUR Holding (SIBUR) and

China Petroleum & Chemical Corporation (Sinopec)

signed a framework cooperation agreement to produce

SEBS

(styrene, ethylene and butylene-based block copolymers)..

Read more


Sibur and Sinopec sign MoU to set up

nitrile butadiene rubber (NBR) joint venture..

Read more




Evonik celebrates official groundbreaking ceremony

of the new polyamide 12 complex in Marl, Germany.


The company is expanding capacity for

polyamide 12 (PA 12) by more than 50 percent

at its largest site in the world.


The project will complement existing PA 12 production

there with additional plants

for the polymer and its precursors.


Startup is scheduled for 2021..

Read more



16 September 2019


LANXESS commissions

two additional production lines

for composite material Tepex..

Read more

Bond-Laminates GmbH is increasing

its production capacity for continuous fiber-reinforced

thermoplastic composites of the brand Tepex..

Read more


Next step in portfolio optimization,

Covestro to sell

European polycarbonate sheets business

to Serafin Group..

Read more


12 September 2019

WACKER Acquires a Stake in

UK Battery Materials Specialist Nexeon.

Nexeon develops, produces and sells

innovative, silicon-based anode materials

that significantly enhance

the performance of lithium-ion batteries..

Read more


11 September 2019

LyondellBasell (NYSE: LYB) today announced that

China Petrochemical International Co., Ltd

(Sinopec International) has selected

LyondellBasell’s world-leading polypropylene (PP)

and high-density polyethylene (HDPE) technologies

for a new facility.
 
The plants will be built at

the Sinopec Zhenhai Refining & Chemical complex

in Ningbo, Zhejiang Province, P. R. China.

The complex will comprise of

a 300 KTA polypropylene plant that will utilize

LyondellBasell’s Spherizone PP process technology and

a 300 KTA high-density polyethylene plant

which will utilize

LyondellBasell’s Hostalen ACP process technology..

Read more



Evonik expands capacity for specialty alcohol ITDA.

Evonik has expanded its production capacity

for the high-purity C13 alcohol isotridecanol (ITDA)

at the Marl Chemical Park.


Expansion in response to increasing market demand

for highly effective surfactants..

Read more


10 September 2019

Huntsman opens new polyurethanes system house

in Dubai to strengthen downstream capabilities in

the Middle East and North Africa..

Read more



Equate Group announces inauguration of

MEGlobal Oyster Creek, TX site, USA.

The world-scale 750,000 metric-tons-annually (mta)

ethylene glycol (EG) manufacturing facility

is part of EQUATE's wholly-owned subsidiary,

MEGlobal America Inc. (MEGlobal).

It will produce monoethylene glycol and

diethylene glycol, products used in a number of

applications including polyester fibers, PET bottles

and packaging, antifreeze and coolants, paints,

resins, deicing fluids, heat transfer fluids and

construction materials..

Read more



9 September 2019

>>DOWNLOAD SIKA PRESENTATION H1 2019

Sika has agreed to acquire

Crevo-Hengxin,

a Chinese manufacturer of

silicone sealants and adhesives

used in both industry and construction applications.

With this takeover, Sika is expanding

its Target Markets Industry

and Sealing & Bonding presence

in China and the Asia Pacific region,

and is gaining additional silicone technology

plus a production footprint.


CrevoHengxin generates sales of CHF 50 million,

with a workforce of 140 employees..

Read more


PTTGC and ALPLA establish

ENVICCO Ltd.

Thailand's first joint-venture high quality 

circular plastic resin plant..

The current partnership between GC and ALPHA

will be Thailand’s first pilot project that

manufactures high-quality recycling plastic resins,

namely rPET and rHDPE..

Read more



Linde developed a novel process

to recover high value products

from natural gas successfully combining

leading technologies of BASF and Linde.


New process successfully combines

treatment of natural gas for pipeline transportation

with the simultaneous recovery of valuable

helium, liquid hydrocarbons, and purified CO2..

Read more


Denka Company Limited has decided to terminate

the production of polystyrene

(GPPS*1; Product name: Denka Styrol)

at its consolidated subsidiary

(Singapore Private Limited; hereinafter, “DSPL”)

and boost the production capacity of MS resin*2

by renovating the production facility,

as part of business portfolio transformation initiatives

implemented under

the Denka Value-Up management plan.


The total amount of investments pertaining to

the renovation of the facilities

is approximately 2.7 billion yen..

Read more



6 September 2019

Orocobre Limited, Toyota Tsusho Corporation (TTC)

and Toyotsu Lithium Corporation representatives

hosted a groundbreaking ceremony


to signify the commencement of construction

at the Naraha Lithium Hydroxide Plant

(Naraha Plant)..

Read more



OROCOBRE'S VISION :

TO BE A WORLD CLASS SUPPLIER OF LITHIUM CHEMICALS

What is World Class?

1. Cost leadership

2. Built-In Quality

3. Process Innovation


>>DOWNLOAD OROCOBRE PRESENTATION




Nakhodka Mineral Fertilizer plant selects

Topsoe as licensor

for world-scale methanol plant..

Read more

 


5 September 2019


SIBUR and Gazprom entered into

a preliminary agreement

setting out the key commercial terms

for the supply of

liquefied petroleum gas (LPG) from

Gazprom’s Amur Gas Processing Plant (GPP) to

SIBUR’s Amur Gas Chemical Complex (GCC)..

Read more

Construction of Gazprom's Amur GPP

Gazprom’s Amur GPP treats natural gas

to be supplied to China

and also produces liquefied petroleum gas,

pentane-hexane fraction, helium,

and ethane fraction. 

Gazprom's Amur Gas Processing Plant construction site

>>Link to Gazprom's Amur Gas Processing Plant



LyondellBasell annouces agreement

for expansion in China through

a Joint Venture (JV) with

the Liaoning Bora Enterprise Group (Bora)..


The JV will operate

a 1.1 million ton ethylene cracker

which will produce olefins & polyolefins

used in all manner of construction

and consumer products including,..

Read more


>>Link to BASF 3rd Palm Progress Report 2018

BASF today launched the third edition of

its palm progress report (PPR) featuring figures

for 2018.


Sourcing 70 percent certified sustainable palm

and palm kernel oil advances

the company’s palm commitment. 



This is an important step towards

the company’s commitment

to source only RSPOcertified sustainable palm

and palm kernel oil by end of 2020..

Read more


4 September 2019

McDermott International, Inc.

along with its partners,

Chiyoda International Corporation and Zachry Group,

announced today that

the first commissioning cargo

of liquefied natural gas (LNG)

has been shipped from

the Freeport LNG project

on Quintana Island in Freeport, Texas.

Feed gas was introduced into Freeport LNG Train 1

n July 22 and today's announcement of

first cargo is a precursor to completion of Train 1..

Read more



Huntsman's Investors Presentation

UBS Global Chemicals Conference

September 4, 2019

*Sale of Chemical Intermediates and surfactants

*A balance capital allocation approach

*Cash flow generation and balance sheet strength

*Portfolio composition

*Polyurethanes

*Performance Products

*Advanced Materials

*Textile Effects..

View full presentaion 



3 September 2019

INEOS Enterprises announced the completion

of the acquisition of the entire composites business

from Ashland Global Holdings Inc. (NYSE: ASH).


The acquisition also includes a BDO facility

in Germany.


The businesses included in the transaction

have combined

sales of more than $1.1 billion per year.

They employ 1,250 employees across 19 sites

in Europe, North and South America, Asia

and Middle East..

Read more



CREDITS :

WEBSITES OF LEADING CHEMICAL,

PETROCHEMICAL, OIL AND GAS COMPANIES

and

WWW.SET.OR.TH


SEPTEMBER 2019

WWW.CHEMWINFO.COM  BY KHUN PHICHAI

BASF publishes 3rd Palm Progress Report

Tags : World  Chemical  News  September  2019  by  chemwinfo

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