News, views and contacts from the global Chemicals industry
 

News Archive

Archive of industry news from the global chemicals industry

News By Date

November 2014

Top

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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,...

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...

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...

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...

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...

Dow Chemical to expand polyethylene and propylene production in Argentina
17 November 2014 Dow Chemical is planning to improve the equipment and technologies of its polyethylene (PE) and plastics production units in Bahia Blanca, Argentina, starting from...

Four killed by chemical leak at DuPont plant in La Porte, Texas, US
17 November 2014 Four workers at the DuPont plant in La Porte, Texas, have been killed, while one worker has been injured, following a chemical leak at the...

Albemarle receives approvals to acquire Rockwood Holdings for $6.2bn
17 November 2014 Speciality chemicals firm Albemarle has received all required approvals to proceed with its planned acquisition of rival Rockwood Holdings for...

Golden Gate Capital to buy Dow’s Angus Chemical unit for $1.21bn
14 November 2014 Dow Chemical has signed a deal to sell its Angus Chemical subsidiary to American private equity firm Golden Gate Capital for...

Chemtura planning restructure to reduce operational and manufacturing costs
14 November 2014 US-based speciality chemicals firm Chemtura is planning to restructure its operations, as part of efforts to reduce manufacturing conversion costs, and selling, general and administrative...

Mexichem considering to appeal USITC ruling on Chinese Tetrafluoroethane imports
14 November 2014 Mexican chemical firm Mexichem is considering to appeal against the US International Trade Commission (USITC) decision which ruled out imposing duties or tariffs on refrigerant gases imported...