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World Chemical News , November 2019, by chemwinfo

World Chemical News , November 2019, by chemwinfo

World Chemical News, November 2019, by chemwinfo


29 November 2019

Clariant and Plant Advanced Technologies (PAT)

announce the establishment of

a strategic partnership.


It includes the subscription of

approx. 10% equity shares of PAT by Clariant,

joint development agreement

and exclusive distributionship.

Renowned for its highly sustainable

and cutting edge technologies,

PAT develops unique and powerful

plant-based active ingredients for cosmetics..

Read more




26 November 2019

Mitsubishi Chemical Corporation will acquire

the thermoplastic polyurethane elastomer (TPU)

business of U.S.-based

AdvanSource Biomaterials Corporation (ASB)

through

Mitsubishi Chemical Performance Polymers, Inc. ,

a MCC subsidiary engaged in

the performance polymers business in the U.S.,


MCC plans to complete the acquisition

in January 2020.


ASB has a premium TPU business in the U.S.,

and its products are used mainly

for medical devices

such as cardiovascular catheters.


TPU’s characteristics, such as biocompatibility,

antimicrobial properties, and flexibility,

make this product indispensable in

the use and applications such as

cardiovascular catheters and

other devices designed for body insertion..

Read more

>>AdvanSource Biomaterials Corporation

Enters into a Definitive Agreement

to Sell Substantially All of its Assets

to a Subsidiary of Mitsubishi Chemical America..

Read more


27 November 2019


Givaudan double flavour production capacity in China

with expansion of Nantong manufacturing facility.


The Nantong manufacturing facility will strengthen

the Company’s existing capabilities

in savoury and culinary flavour blends,

snack seasonings, spray dries and liquid flavours.


About 150 people are currently employed on site

of which a large majority have been recruited locally..

Read more



25 November 2019


His Excellency Mr. Saad Sherida Al-Kaabi,

the Minister of State for Energy Affairs,

the President and CEO of Qatar Petroleum,

at a press conference held in Doha

Qatar Petroleum to raise 

Qatar’s LNG production capacity

to 126 million tons per annum (mtpa)

by 20 representing an increase of 64%

from the current 77 mtpa..

Read more

BASF officially launched

its smart Verbund project in

Zhanjiang, Guangdong province, China,

and commenced building its first plants.


It marks a milestone of

the company’s US$10 billion

investment project announced in July 2018.


The first plants will produce 

engineering plastics and

thermoplastic polyurethane (TPU)

to serve the increasing needs

of various growth industries

in the southern China market and throughout Asia..

Read more



22 November 2019


Altura Ships Record Lithium Concentrate Cargo..

Read more


21 November 2019

Shell uses plastic waste to produce chemicals

Today Shell announced it has successfully made

high-end chemicals

using a liquid feedstock made from plastic waste.


The technique, known as

pyrolysis,

is considered a breakthrough

for hard-to-recycle plastics and

advances Shell’s ambition

to use one million tonnes of plastic waste a year

in its global chemicals plants by 2025..

Read more 



Ineos today opens

its new advanced polymer pilot plant

in Rosignano, Italy, to produce new plastics 

from increasingly higher levels of waste plastics..

Read more


Cabot Corporation (NYSE: CBT) today marked

the groundbreaking of its previously announced

carbon black capacity expansion project

in Cilegon, Indonesia.


This phase of the project will add

approximately 80,000 metric tons

of additional annual production capacity

and is expected to be completed in 2021..

Read more


19  November 2019

On November 18th,

Alliance to End Plastic Waste

President and CEO,

Jacob Duer,

addressed this 2019 Responsible Business Forum 

on Sustainable Development in Singapore

to discuss circularity and the Alliance’s role

in helping end plastic waste in the environment..

Read more



18 November 2019


McDermott Awarded Ethylene Technology

and Extended Basic Engineering Contract in Russia

for Two Ethylene Crackers..

Read more

>>DOWNLOAD LUMMUS ETHYLENE BROCHURE

KBR has been awarded a contract for

Vinyl Acetate Monomer (VAM) technology by

Shenghong Refinery Petrochemical (Lian Yun Gang)

Co., Ltd., China.

This is the first commercial VAM technology license

secured under an alliance agreement between

KBR and Showa Denko K.K (SDK) 

to commercialize SDK's VAM technology


KBR will provide License and Basic Engineering Design 

for a 300 KTA VAM unit to be constructed in

Lianyungang, China, as part of

an integrated refinery and petrochemical complex..

Read more




BASF Acquires 3D Printing Service Provider

Sculpteo..

Acquisition drives market growth

Additional sales channel

  for BASF customers and partners

Access to new materials and technologies

  for customers of BASF and Sculpteo

Read more


15 November 2019


Mitsui Chemicals,

CEO Explanation FY19-2

Creating new customer value through innovations..

Read more



14 November 2019

Sika is starting

the operations of a new mortar plant

at its existing site in Addis Ababa, Ethiopia,

thus expanding its portfolio

of locally manufactured products.


Ethiopia is the fastest-growing market south of the Sahara

Investment projects sponsored by the Ethiopian government and aimed at 

rapidly developing the country’s infrastructure are making a major contribution 

to the dynamic development of this country. According to estimates ,

the construction industry in Ethiopia is set to grow by 12 % in 2019 

and by 8 to 9 % on average between 2019 and 2028. 



After building a production facility

for concrete admixtures in 2016,

this is a further step in extending the presence

in the promising Ethiopian construction market..

Read more 



13 November 2019

Chemetall completes expansion of its production site

in Langelsheim, Germany..

Read more

12 November 2019



Neste, the world’s leading provider of renewable diesel, 

renewable jet fuel, and an expert in delivering

drop-in renewable chemical solutions, and

Ravago,

the world’s leading distributor and recycler of polymers,

are joining forces to develop chemical recycling

of plastic waste with the aim

to reach significant industrial scale.

Neste and Ravago have set a joint target

to reach an annual capacity

to process over 200,000 tons of waste plastic..

Read more 


Linde Reports Third-Quarter 2019

Steve Angel
Chief Executive Officer

Results Financial Highlights

Sales $7.0 billion, ex. FX +4% versus prior year

Operating profit margin 14.3%,

   adjusted pro forma operating profit margin 19.8%

Strong operating cash flow of $1.9 billion

   increased 86% sequentially

EPS $1.34, adjusted pro forma EPS $1.94

 Raised full-year adjusted pro forma EPS guidance

   to $7.25 - $7.30*..

Read more



8 November 2019

Givaudan today announced that it has reached

an agreement to acquire

Ungerer & Company,

the US based Flavour, Fragrance

and Specialty Ingredients company..

Read more


7 November 2019

Solvay announces its G.R.O.W. strategy

to drive growth, cash and returns..

Read more


>>DOWNLOAD SOLVAY STRATEGIC REVIEW

Perstorp breaks ground in India

to significantly boost Pentaerythritol business.


Construction of the Gujarat plant started

in October this year, with commercial production

planned to start in Q1 2022.

When fully operational, the site will employ 120 people.

The investment will significantly

expand Perstorp’s Penta production capacity,

designed to produce 40 KT of Penta per annum

from 2022..

Read more



McDermott' Lummus Technology awarded for

Formosa Chemicals Industries Ningbo Limited

grassroots AMS (alpha-methylstyrene) recovery unit

in Ningbo, China


Award includes technology license

and basic engineering services


Commercialization of this technology

improves margins, lessens environmental footprint..

Read more

>>DOWNLOAD LUMMUS TECHNOLOGY BROCHURE


BASF New Business and NGK INSULATORS, LTD.

are expanding their existing partnership

to a joint development agreement (JDA) for

sodium-sulfur batteries

for stationary applications

NGK’s NAS battery is the world’s

first commercialized megawatt-class battery

which has the capacity

to store large amounts of electricity for hours..

Read more



4 November 2019


Nouryon and US-based startup Forge Nano

have agreed to explore

a joint collaboration in ultra-thin coatings

for high-growth applications

including batteries and catalysts.


The technology,

called atomic layer deposition (ALD),

also has the potential

to open up entirely new applications..

Read more

>>Learn more about ALD

>>Learn more about ALD Solutions

Covestro successfully closed the sale of

its European Systems Houses business to

H.I.G. Capital

effective as of November 1, 2019.

The business comprises facilities

in the Netherlands, Denmark, Spain, Germany

and further businesses in Italy.


Approximately 250 employees

are generating annual sales of some EUR 230 million.


The sale of the systems houses is part of

Covestro’s ongoing efforts to optimize its portfolio.


The systems houses are offering

tailor-made polyurethanes systems for customers.


With its new owner H.I.G. Capital,

the European Systems Houses now

have the perspective to position themselves

as an independent, focused player

for mid-sized customers.


The newly formed business will trade

under the name Plixxent..

Read more

>>Connect to Plixxent


3 November 2019

Saudi Aramco,

the world’s largest integrated oil and gas company,

wholly owned by

the Government of the Kingdom of Saudi Arabia

(the “Kingdom”, the “Government”

 or the “Selling Shareholder”),

today announces its intention to proceed

with an initial public offering 

on the Main Market of Tadawul..

Read more

>>DOWNLOAD ARAMCO PRESENTATION

>>DOWLOAD FINANCIAL INFORMATION




CREDITS :

WEBSITES OF LEADING CHEMICAL,

PETROCHEMICAL, OIL AND GAS COMPANIES

and

WWW.SET.OR.TH,

WWW.BOI.GO.TH


NOVEMBER 2019

WWW.CHEMWINFO.COM  BY KHUN PHICHAI

Tags : World  Chemical  News   November  2019  by  chemwinfo

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