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BP Sells Stake in Secco to Sinopec

China: Petrochemicals

BP Sells Stake in Secco to Sinopec

04/28/2017 - BP has agreed to sell its 50 % stake in Shanghai Secco Petrochemical Company to Gaoqiao Petrochemical, a 100 % subsidiary of Sinopec, for a total consideration of $ 1.68 billion. read...

Metso's Emergency Shutdown Valves Safeguard Petrochemical Processes

Oman: Valves and Controls

Metso's Emergency Shutdown Valves Safeguard Petrochemical Processes

04/28/2017 - Metso announced that it will supply 400 Neles emergency shutdown (ESD) valves for an ethylene cracker as part of the new Liwa Plastics Industrial Complex (LPIC) Project in Sohar, Oman. read...

Yara and Norcem Award Contracts for Carbon Capture Study to Aker Solutions

Norway: CO2-Capture

Yara and Norcem Award Contracts for Carbon Capture Study to Aker Solutions

04/28/2017 - Aker Solutions won contracts for concept studies for carbon capture at Yara's ammonia plant on Herøya and Norcem's cement production facility in Brevik, Norway. read...

Chemchina Reconfirms Timeline for Public Offers for Syngenta Shares and ADSs

Switzerland: Biotech Deal

Chemchina Reconfirms Timeline for Public Offers for Syngenta Shares and ADSs

04/28/2017 - With regard to their public offers for Syntgenta shares and ADSs, Chemchina reconfirmed on behalf of Offeror that all regulatory approvals and conditions required for the closing of the offers have been obtained or satisfied. read...

Lubrizol Chooses Jacobs for EPC Services in Deer Park Facility

USA: Polyisobutylene Production

Lubrizol Chooses Jacobs for EPC Services in Deer Park Facility

04/28/2017 - Jacobs has been selected to provide engineering, procurement and construction (EPC) services for Lubrizol’s new Polyisobutylene (PIB) unit in Deer Park, Texas. read...

Positive Short-Term Outlook for EU Chemical Sector

Belgium: Chemical Production

Positive Short-Term Outlook for EU Chemical Sector

04/26/2017 - Cefic Chemical Trends Report (CTR) — a monthly economic snapshot of the European chemical sector in Europe — shows a spike in output in many chemical subsectors during the first two months of 2017 (year-on-year). read...

China's Zhejiang Petroleum and Chemical Awards Refinery Contract to CB&I

China: Refining and Petrochemicals

China's Zhejiang Petroleum and Chemical Awards Refinery Contract to CB&I

04/26/2017 - CB&I has been awarded a contract by Zhejiang Petroleum and Chemical (ZPC) for the license and engineering design of a single-train 220 kta diphenyl carbonate (DPC) unit for a refining and petrochemical complex in China. read...

Lanxess Completes Acquisition of Chemtura

Flame Retardant and Lubricant Additives

Lanxess Completes Acquisition of Chemtura

04/25/2017 - German chemical company Lanxess has successfully completed the acquisition of US company Chemtura, a leading supplier of flame retardant and lubricant additives, earlier than originally expected. All required regulatory authorities have cleared the transaction. read...

Messer Builds Largest Plant for Industrial Gases

Vietnam: Industrial Gases

Messer Builds Largest Plant for Industrial Gases

04/25/2017 - Messer and Hoa Phat Steel, the largest steel producer in Vietnam, signed a contract in Hanoi for the construction of two plants for the production of industrial gases. The contract is to run for a period of 25 years. read...

Akzo Nobel Nominates Finalists for Imagine Chemistry Challenge

The Netherlands: Start-Up Initiative

Akzo Nobel Nominates Finalists for Imagine Chemistry Challenge

04/24/2017 - Akzo Nobel announced the 20 finalists for its Imagine Chemistry initiative, which was launched earlier this year to help solve real-life chemistry-related challenges and to uncover sustainable opportunities for the company’s Specialty Chemicals business. read...