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Oneok to Invest 2.3 Billion Dollar in Gas Infrastructure

USA: NGL and Natural Gas

Oneok to Invest 2.3 Billion Dollar in Gas Infrastructure

02/24/2018 - Oneok plans to invest approximately $ 2.3 billion between now and 2020 to expand the infrastructure for NGL and Natural Gas in the US. The strategic projects complement the recently announced Elk Creek pipeline, increasing Oneok's ability to deliver NGLs from the Rocky Mountain region to growing markets in the Gulf Coast. read...

Merck Plans Additional Investment in Manufacturing and Distribution Platform in Asia

Germany: Biopharmaceutical Manufacturing

Merck Plans Additional Investment in Manufacturing and Distribution Platform in Asia

02/23/2018 - Merck announced an additional investment of approx. $ 49 million to build a robust manufacturing and distribution platform in Asia over a span of two years. This investment follows the company’s November 2016 announcement of its $ 98 million Life Science investment in Nantong, China. read...

Lanxess Invests in Capacity Expansion for Macrolex Dyes

Germany: Colorant Additives

Lanxess Invests in Capacity Expansion for Macrolex Dyes

02/22/2018 - Lanxess announced an investment of approx. $ 6.2 million in the capacity expansion for Macrolex dyes at its Leverkusen site. The current production capacity is to be increased by 25 %, which will be available by the end of 2018. read...

Lubrizol Prepares for Growing TPU Demand

Thermoplastics Polyurethane

Lubrizol Prepares for Growing TPU Demand

02/22/2018 - Lubrizol announced ongoing investments in its Engineered Polymers thermoplastics polyurethane (TPU) business around the globe. The company expects that a rebounding global economy leads to an increasing demand for their products used in infrastructure and technology investments. read...

Westlake to Expand Capacities at Three Facilities

Germany/USA: Chlor-Alkali, PVC & VCM

Westlake to Expand Capacities at Three Facilities

02/22/2018 - Westlake Chemical will expand capacities for the production of polyvinyl chloride (PVC) and vinyl chloride monomer (VCM) at its plants located in Burghausen and Gendorf, Germany, as well at its US site located in Geismar. read...

Stamicarbon Enters into License Agreement for Urea Plant

Brunei: Greenfield Plant Contract

Stamicarbon Enters into License Agreement for Urea Plant

02/22/2018 - With a name plate capacity of 3900 mtpd, the new urea plant is scheduled to commence operations in 2021. The project is expected to strength the company’s market position in the Asia Pacific region. read...

Pertamina Awards 10 Billion Dollar Project to Japanese-Omani Consortium

Indonesia: Refinery Project

Pertamina Awards 10 Billion Dollar Project to Japanese-Omani Consortium

02/21/2018 - The Indonesian state oil and gas company Pertamina partners with Omani OOG and the Japanese company Cosmos Energy Holdings for the construction of the Bontang refinery. The value of this development project is estimated at $ 10 billion. read...

Total, Borealis and Nova Chemicals Form JV in Petrochemicals

USA: Petrochemicals

Total, Borealis and Nova Chemicals Form JV in Petrochemicals

02/21/2018 - Total, Borealis and Nova Chemicals announced that affiliates of the three companies have signed definitive agreements to form a joint venture in petrochemicals on the US Gulf Coast. read...

Global Market for Adhesives and Sealants Based on Polyurethane

Market Study

Global Market for Adhesives and Sealants Based on Polyurethane

02/20/2018 - The market research company Ceresana analyzed the global market for adhesives and sealants based on PUR in detail. Until 2024, Ceresana expects an increase in revenues generated with these products to over $ 9.7 billion. read...

World's Largest WSA Plant Commences Production

China: Wet Gas Sulfuric Acid

World's Largest WSA Plant Commences Production

02/20/2018 - Bestgrand Chemical Group has announced the successful start-up of its wet gas sulfuric acid (WSA) plant — the world’s largest with a production capacity of 300,000 tons of sulfuric acid per year. The plant will treat 131,000 tons of acid gas over-the-fence per year from the neighboring world-scale refinery plant operated by a joint venture between CNOOC (China National Offshore Oil Corporation) and Shell in Huizhou City, China. read...

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