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November 2014

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US chemicals provider Lubrizol signs deal to buy Warwick Chemicals
26 November 2014 US-headquartered speciality chemicals provider Lubrizol has signed a deal to buy detergent compounds producer Warwick Chemicals for an undisclosed...

Samsung to sell chemicals and defence operations for $1.7bn
26 November 2014 South Korean conglomerate Samsung Group has signed a deal to sell its stakes in its chemical and defence units for KRW1.9tn...

AkzoNobel to study viability of sugar beet as chemical production feedstock
26 November 2014 AkzoNobel is studying the viability of using beet-derived sugars as feedstock for the production of...

ICL IP starts chemical processing for polymeric flame retardants at Israel plant
25 November 2014 ICL Industrial Products (ICL IP) has commenced chemical processing at its manufacturing plant in Israel for the production of FR-122P polymeric flame...

Orica to use recycled water at chemical plant in New South Wales, Australia
25 November 2014 Orica is reportedly working to use recycled water at its manufacturing plant in Kooragang Island, New South Wales,...

Syngenta to cut and relocate 1,800 jobs worldwide to save $1bn by 2018
25 November 2014 Swiss agrochemicals firm Syngenta is cutting and relocating 1,800 jobs worldwide in line with efforts to save $1bn by...

FMC hires financial institutions to aid sale of $1.5bn alkali chemicals unit
24 November 2014 US-based FMC has approached Bank of America and Goldman Sachs to advise it on the sale of its alkali chemicals...

Researchers identify new isolation technique to produce only propylene from propane
24 November 2014 Researchers from the Texas A&M University, US, have identified a new way for the optimal isolation of propylene from propane, producing only...

Ineos to invest £640m in UK shale gas exploration
24 November 2014 Chemical giant Ineos has outlined its plans to invest £640m in shale gas exploration in the UK, in line with efforts to use the gas as a raw material for its chemicals...

Azerbaijan to commission $17bn gas processing and petrochemical complex in 2020
21 November 2014 The State Oil Company of Azerbaijan Republic (SOCAR) is on track to commence operations at the planned $17bn oil-gas processing and petrochemical complex (OGPC) in...

Yokogawa completes FEED for Petronas' RAPID project
21 November 2014 Yokogawa Kontrol (Malaysia), a subsidiary of Yokogawa Electric, has completed the front-end engineering and design (FEED) for Petronas' refinery and petrochemical integrated development...

Pemex to restructure operations with five new production subsideries in Mexico
21 November 2014 Mexican state-owned Petróleos Mexicanos (Pemex) has received approval from its board of directors to proceed with its planned restructuring, including the creation of a unit that will...

Kemira inaugurates Nanjing pulp and paper chemicals manufacturing plant in China
20 November 2014 Kemira has inaugurated its pulp and paper chemicals manufacturing plant in Nanjing, Jiangsu province,...

Verdezyne and Bio-XCell Malaysia partner to build renewable chemicals plant
20 November 2014 Biotechnology company Verdezyne has partnered with Bio-XCell Malaysia to build a renewable chemicals manufacturing plant in Nusajaya, Iskandar,...

M&G Resins USA receives GHG permit for $1bn resin plant in Texas, US
20 November 2014 M&G Resins USA has received greenhouse gas (GHG) permits from the US Environmental Protection Agency (EPA) for its planned $1bn chemical processing and utility support facility in Corpus...

Petrovietnam increases stake in $4.6bn Long Son petrochemical complex
19 November 2014 State-owned oil and gas firm Petrovietnam has increased its stake in the $4.6bn Long Son petrochemical complex in Ba Ria-Vung Tau province, Vietnam, by acquiring a further 11% stake from...

Blackstone equity firm to buy Orica’s chemicals unit for $654m
19 November 2014 Orica has signed a deal to sell its chemicals business to American private equity firm Blackstone for AUS$750m...

Technip to support Westlake Chemical’s ethylene plant expansion in Louisiana, US
19 November 2014 Westlake Chemical has selected Technip to provide engineering and procurement services for a planned expansion of the recovery section at its Petro 1 ethylene plant in Louisiana,...

Researchers from Australia and India to produce bio-based renewable chemical
18 November 2014 Researchers from the Queensland University of Technlogy (QUT)'s Centre for Tropical Crops and Biocommodities (CTCB) and the Institute of Chemical Technology (ICT), Mumbai, India, are working on...

BP to upgrade purified terephthalic acid plants in US and Belgium
18 November 2014 Oil and gas major BP is planning to upgrade its purified terephthalic acid (PTA) plants in the US and Belgium with an investment of more than...

Ineos gains full control of styrenic plastics maker Styrolution
18 November 2014 Switzerland-based Ineos has completed the purchase of BASF's stake in Styrolution, a 50/50 joint-venture (JV) of Ineos and BASF, for...