Automotive
WorleyParsons awarded Invista Shanghai HMD project Invista selected WorleyParsons to provide engineering, procurement, construction management (EPCM) services for its hexamethylene diamine (HMD) project in the Shanghai Chemical Industrial Park in China. In the chemical chain, HMD stands as the precursor of nylon 6/6 resin then used for the production of nylon fibers and high performances […]
South Louisiana Methanol selected St. James Parish Zero Emission Energy Plant Ltd (ZEEP) from Austin in Texas, USA, and Todd Corporation (Todd) from Wellington in New Zealand will invest $1.3 billion capital expenditure in a new methanol plant in Louisiana, USA. To support the project, ZEEP and Todd established the South Louisiana Methanol LP (SLM) as a […]
After Logika, Air Liquide takes over Lentechgas November 2012, Air Liquide completes the acquisition of Lentechgas, in Saint Petersburg, few months after Logika in Moscow. This decision is part of Air Liquide program to invest $1.3 billion in 10 years in Russia, either for acquisition either for new plants. Air Liquide put a special attention […]
SABIC and Shell to invest in and beyond Saudi Arabia In November 2012, Saudi Basic Industries Corporation (SABIC) and Shell have decided to work on expansion opportunities of their joint venture Saudi Petrochemical Company (Sadaf). These expansion ambitions are not limited to the sole Saudi Arabia but should also aim at increasing positions in overseas markets. […]
Enriching lives through innovation With Headquarters in The Woodlands, on the north of Houston, Texas, USA, Huntsman is a chemical company listed in the New York Stock Exchange and operating 75 production units in 30 countries with about 12,000 employees. Jon Huntsman established the Huntsman Container Corporation in 1970 in Fullerton, California. At that time […]
Solvay and Sibur to produce oil field process chemicals The Russian petrochemical company SIBUR and the Belgium chemical group Solvay signed Heads of agreement in London to produce jointly surfactants and oil field process chemicals. According to the agreement, SIBUR and Solvay Novecare will create a 50/50 joint venture called RusPAV. The joint venture RusPAV should […]
Carlyle targets emerging markets with DuPont Performance Coatings DuPont and The Carlyle Group (Carlyle) signed a definitive agreement by which Carlyle will buy DuPont Performance Coatings (DPC), the DuPont’s Coatings Division. Still submitted to regulatory approval, the transaction should be effective on the first quarter 2013. Carlyle is a global alternative assets manager having already […]
Sibur kicks off Russian largest petrochemical complex If Russia is among the biggest producer and exporter of oil and gas, Russia is also a net importer of petrochemical products. In the same way as Russia has multiplied strategic alliances with western companies, such as ExxonMobil, Statoil, ENI, Total to boost its upstream sector, Russia is also […]
