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Technip FMC’s Plan of Separating into 2 Firms on Track

UK: Diversification

Technip FMC’s Plan of Separating into 2 Firms on Track

17/01/2020 - The UK-based firm Technip FMC has revealed that its strategy of segregating into two companies—Technip FMC and Technip Energies—is under progress and is expected to be complete in 2020. read...

Huge Explosion at Indian Chemical Factory Leaves 8 Dead

India: Fatal Accident

Huge Explosion at Indian Chemical Factory Leaves 8 Dead

17/01/2020 - The blast occurred at a Boisar facility in Palghar, Maharashtra during the testing of some chemicals. The loud noise of the explosion could be heard within a radius of 15 km. read...

Sibur Goes Ahead with 2025 Sustainable Development Strategy

Russia: Green Footprint

Sibur Goes Ahead with 2025 Sustainable Development Strategy

17/01/2020 - Sibur’s Board of Directors has approved the 2025 Sustainable Development Strategy which focuses on five core areas: Responsible Business, Environment, Society and Partnership, Sustainable Product Portfolio, and Climate Impact Mitigation. read...

Evonik Signs Contract to Take Over Wilshire Technologies

USA: Acquisition

Evonik Signs Contract to Take Over Wilshire Technologies

16/01/2020 - Evonik has acquired the phytochemicals firm Wilshire Technologies to enhance its ‘Care Solutions’ and ‘Health Care’ business portfolios. The US-based company caters to the global cosmetic and pharmaceutical industries. read...

Explosion in Spanish Chemical Park Claims Two Casualties

Spain: Chemical Accident

Explosion in Spanish Chemical Park Claims Two Casualties

15/01/2020 - A serious explosion in a Spanish chemical park in Tarragona killed two people on Tuesday. Eight other people were injured, according to Catalan Interior Minister Miquel Buch. read...

Vertellus Acquires US Specialty Chemicals Manufacturer Bercen Chemicals

USA: Fuel and Lubricant Additives

Vertellus Acquires US Specialty Chemicals Manufacturer Bercen Chemicals

15/01/2020 - With the acquisition, Vertellus has now expanded its product range for the North American market and also strengthened its position across the globe. Bercen Chemicals serves the fuel, lubricant and paper industries. read...

Enterprise’s Isobutane Dehydrogenation Unit Commences Operations

USA: Facility Start-Up

Enterprise’s Isobutane Dehydrogenation Unit Commences Operations

15/01/2020 - Enterprise Products Partners’ new isobutane dehydrogenation facility in the USA is expected to process 25,000 barrels of butane daily into 1 billion pounds of isobutylene annually. The plant will also enable the company to cater to the growing demand of isobutylene in the market. read...

Victrex Establishes New JV for Building New PEEK Facility

China: Polymers

Victrex Establishes New JV for Building New PEEK Facility

15/01/2020 - Victrex has created a joint venture between Victrex Hong Kong and Yingkou Xingfu Chemical Company for the development of a new PEEK plant in China. The manufacturing facility is in line with the ‘Made in China 2025’ initiative in which the demand for locally produced PEEK is expected to increase in the country. read...

Biowaste as a Source of Polymers

Spain: Waste Recycling

Biowaste as a Source of Polymers

14/01/2020 - The European project RES Urbis (Resources from Urban Bio-waste), showed that different biowaste produced in an urban environment can be treated within the same chain of valorisation. It can be used to obtain products with biological origins, such as bioplastics, with a higher economic value than that of compost and biogas. read...

Turkey and Russia Establish Turk Stream Gas Pipeline

Turkey: Energy Infrastructure

Turkey and Russia Establish Turk Stream Gas Pipeline

14/01/2020 - The Turk Stream Gas Pipeline links Russia’s large gas reserves with Turkey. As a part of this project, Petrofac was awarded an EPC contract for the development of a gas receiving terminal on the Turkish Black Sea coast. read...

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