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BP and Lotte to Expand Production Capacity of Joint Venture Plant

South Korea: Petrochemicals

BP and Lotte to Expand Production Capacity of Joint Venture Plant

01/17/2019 - On expansion, the JV facility is anticipated to add acetic acid with a capacity of 100,000 tonnes per year by May 2019. Together the companies also aim to double the current 200,000 tpa vinyl acetate monomer capacity with the addition of a second Vam plant towards the end of 2020. read...

Major Global Alliance Contributes Over 1 Billion Dollars to End Plastic Waste

World: Sustainability

Major Global Alliance Contributes Over 1 Billion Dollars to End Plastic Waste

01/17/2019 - Some of the leading companies around the globe are associated with this alliance and together they are keen to eliminate the serious issue of plastic waste which is affecting the environment across the globe. read...

Metso Wins Contract to Develop Tata Steel’s Massive Pellet Plant

India: Iron Ore

Metso Wins Contract to Develop Tata Steel’s Massive Pellet Plant

01/17/2019 - Under the agreement, Metso will be responsible for delivering and carrying out related engineering services for Tata Steel’s large-scale iron ore pellet plant. read...

PJSC Nizhnekamskneftekhim and Haldor Topsoe Sign Contract for Methanol Plant

Russia: Engineering Services

PJSC Nizhnekamskneftekhim and Haldor Topsoe Sign Contract for Methanol Plant

01/16/2019 - Under the agreement, Haldor Topsoe will provide license and engineering services for the new methanol unit. The plant is expected to have a capacity of 500,000 tonnes annually. read...

Tricoya Technologies Signs Agreement with Petronas Chemicals

Malaysia: Plant Engineering

Tricoya Technologies Signs Agreement with Petronas Chemicals

01/16/2019 - Under the contract, both the firms will evaluate the feasibility of jointly funding, designing, building and operating an integrated acetic anhydride and Tricoya wood elements production plant in Malaysia. read...

PGGM, Shell Collaborate to Explore Potential Acquistion of Energy Provider Eneco

The Netherlands: Energy

PGGM, Shell Collaborate to Explore Potential Acquistion of Energy Provider Eneco

01/16/2019 - Both the companies are impressed with Eneco’s efforts towards the Dutch energy system via investments in sustainability and renewable energy. Togther, they aim at acquiring the firm post the decision of the shareholders. read...

Petronas Starts Trial Runs at

Malaysia: Petrochemicals Complex

Petronas Starts Trial Runs at "Rapid" Refinery Project in Malaysia

01/15/2019 - Reuters reports that the Malaysian state oil company Petronas started trial runs at the crude distillation unit (CDU) for a joint-venture refinery with Saudi Aramco in Malaysia, quoting two sources with knowledge of the matter. read...

Global Distribution Agreement Between Merck and Roche Renewed

Switzerland: Biochemical Reagents

Global Distribution Agreement Between Merck and Roche Renewed

01/15/2019 - Merck and Roche have agreed to renew their current distribution agreement for the Biochemical Reagents and Kapa Biosystems product portfolios, as well as select real-time quantitative PCR & Nucleic Acid Purification products. read...

JGC Bags Contract for Constructing Chemical Plants

Thailand: Synthetic Resin Manufacturing

JGC Bags Contract for Constructing Chemical Plants

01/15/2019 - The chemical plants aim at establishing a high-performance synthetic resin manufacturing and sales business for Kuraray, PTTGC and Sumitomo Corporation. With the rise in global demand for chemical products, Japanese chemical manufacuturers are expanding their production capacity in locations where petroleum and chemical products are price competitive. read...

Exxon Mobil Partners with IBM to Advance Application of Quantum Computing

USA: Quantum Computing

Exxon Mobil Partners with IBM to Advance Application of Quantum Computing

01/15/2019 - Exxon Mobil has become the maiden energy firm to enter the IBM Q Network to explore the use of quantum computing for developing innovative and efficient energy and manufacturing technologies. read...