Chemical
M&As PTTGC buys stakes in Siam Mitsui and Thai PET Resin; Rogers acquires PU solutions provider Griswold
Thai chemicals firm PTT Global Chemical (PTTGC) has signed a purchase agreement to acquire a 74% stake in Siam Mitsui PTA Co, a producer of purified terephthalic acid (PTA), and a 74% share in Thai PET Resin Co, a producer of polyethylene terephthalate (PET) resin, from SCG Chemicals and Mitsui Chemicals for…
Read More »Evonik develops PEBA powder for 3D printing; collaborates with EOS laser sintering
German speciality chemicals firm Evonik claims it has developed the world’s first flexible plastic material based on PEBA (polyether block amide) for use in 3D printing. The new powder stands out for its high elasticity and strength and is suitable for a variety of powder-based 3D printing technologies, it says.…
Read More »ExxonMobil proceeds with multi-billion dollar Guangdong facility; evaluates Asian projects
US-based oil/gas company ExxonMobil has signed a cooperation framework agreement with the Guangdong province in China to advance discussions concerning the proposed construction of a chemical complex in the Huizhou Dayawan Petrochemical Industrial Park. The new facility would help meet expected demand growth for chemical products in China. The multibillion-dollar…
Read More »Borouge on track with fifth PP plant; to grow PP capacity by 25%
Resin maker Borouge, a joint venture of Abu Dhabi’s Adnoc and Austrian chemicals maker Borealis, recently awarded Tecnimont SPA, a subsidiary of Italy’s Milan-based Maire Tecnimont Group, the Engineering, Procurement and Construction (EPC) contract for its fifth polypropylene (PP5) plant in Ruwais, which will grow Borouge’s PP capacity by 25%…
Read More »Photanol/Akzonobel to build demo plant to make C02-based chemicals
A demonstration plant for a groundbreaking technology to produce chemicals from sunlight will be built at Delfzijl, the Netherlands, by Akzonobel Specialty Chemicals and partner firm Photanol BV. The companies formed a partnership in 2014 to jointly work on a technology using cyanobacteria that mimics the way plants use photosynthesis…
Read More »