August's top stories: AkzoNobel's coatings plant, Enerkem's Edmonton facility
AkzoNobel started construction of its new powder coatings plant in Mumbai, India; Enerkem gained certification from the International Sustainability and Carbon Certification (ISCC) for its Enerkem Alberta Biofuels facility in Edmonton. Chemicals-technology.com wraps-up the key headlines from August.
AkzoNobel started construction of its new powder coatings plant in Mumbai, India.
As part of its growth plan, the Dutch chemical producer will make an investment of €9m to increase its capacity in the region.
AkzoNobel Performance Coatings executive committee member Conrad Keijzer said: “As the largest powder coatings company in the world, we regard India as being one of our most important strategic markets.
Enerkem gained certification from the International Sustainability and Carbon Certification (ISCC) for its Enerkem Alberta Biofuels facility in Edmonton.
It is the first biorefinery in the world to get ISCC certificate for converting municipal solid waste into biomethanol.
Enerkem senior vice-president business development Tim Cesarek said: “This reputable third-party certification confirms that Enerkem meets high ecological and social sustainability requirements."
Royal DSM and chemicals producer Zhejiang NHU Special Materials (NHU) launched their joint venture company, DSM NHU Engineering Plastics, which will manufacture polyphenylene sulphide (PPS) compounds.
DSM has a 60% share in the new JV company, while the remaining 40% is held by NHU holding.
The new JV is established in Zhejiang province, close to NHU’s linear PPS polymer plant in Shangyu.
BASF opened its first plant in Sri Lanka for producing construction chemicals under the Master Builders Solutions brand.
The production facility is located outside Colombo near Lindel Estate at Sapugaskande, Sri Lanka.
The construction chemicals produced at the new facility includes, concrete admixtures such as MasterGlenium, MasterPolyheed, MasterRheobuild and MasterPozzolith.
Yara International acquired Tata Chemicals' (TCL) Babrala urea plant and distribution business in Uttar Pradesh, India, for $400m on a debt and cash free basis, which also includes normalised net working capital.
TCL’s Babrala plant annually produces 700,000t of ammonia and 1.2 million tonnes of urea.
Over the financial year that ended on 31 March, the Babrala plant generated revenues and earnings before interest, taxes, depreciation, and amortisation (EBITDA) of $350m and $35m, respectively.
NEC collaborated with Kyoto Institute of Technology and Japan's lacquerware artist Yutaro Shimode to develop a bioplastic material.
The new material is developed using resin produced from grasses, trees, and other non-edible plant resources. These feature a traditional colour of Japanese lacquerware, Urushi black.
NEC's IoT devices research laboratories research fellow Masatoshi Iji said: “In response to the depletion of resources and food shortage problems, the need for non-edible-plant-based plastics is increasing.
Indorama Ventures (IVL) entered a new agreement with Spanish multinational oil and gas company Compañía Española de Petróleos (Cepsa) to supply metaxylene on a long-term basis.
The new agreement would further strengthen the strategic partnership between the two companies.
The Spanish-based company uses metaxylene for the production of Isopthalic Acid (IPA), a chemical additive used in the manufacture of polyethylene terephthalate (PET), coatings and other resins.
LyondellBasell made the final investment decision to construct a high-density polyethylene (HDPE) plant on the US Gulf Coast.
This plant will have an annual production capacity of 500,000mt.
It will be the first commercial facility to use LyondellBasell's new proprietary Hyperzone PE technology.