Songwon of Korea buys the speciality chemicalsoperations of Indian SeQuent Scientific: The acquisition includes Sequent's entire polymer stabilizer business and one production site in Panoli, Gujarat, together with the local R&D team.

Both the firms have chosen Yanbu which is located on the west coast of Saudi Arabia as the site for establishing the project. On completion, the complex is expected to process 400,000 barrels per day of crude oil and produce approximately 9 million tonnes of chemicals and base oils in a year.

Growth from the steppe – Azerbaijan, commonly known for its oil productions, has also a thriving petrochemical and downstream business: In 2011, the country's chemicals industry was one of the strongest non-oil industrial segments for the year, with 36% growth, while rubber and plastic output rose 25%, new figures show...

The strategic joint co-operation agreement signed last year between BBA Innova and Frewitt specializing in pharmaceutical milling has beared fruit. BBA will be presenting their new Pharma laboratory cooler for the first time at ACHEMA. This innovation works in direct combination with the milling technology developed by Frewitt.

Engineering mega-project Pearl Gas to Liquids (GTL) plant, an $18 billion-$19 billion development by Qatar Petroleum and Royal Dutch Shell takes the next step, as Shell prepares to take over the engineering and instrumentation data...

The process industry notorious for its enourmous energy consumption. The use of right gear technology and optimization of processes will help companies enhance energy efficiency as well as reduce production costs. However, it is also imperative for them to carefully monitor handling processes, especially while extensively employing gears.

Mitsubishi Chemical Corporation and Mitsui Zosen Machinery & Service, a subsidiary of Mitsui Engineering & Shipbuilding, have agreed to form a business tie-up to produce and sell zeolite membranes.

Clariant has signed an agreement for a new partnership with Neste on the supply of renewable hydrocarbons for its product development. In this way, the speciality chemicals company intends to increase the number of products in its portfolio that are derived from renewable raw materials.

Enzymes specialist Novozymes want to participate in the US–biofuesl–boom: The company inaugurated an enzyme production in Blair, Nebraska. Creating 100 career positions and 400 construction jobs, the plant will specialize in making world-leading enzymes, a key technology component for both the existing and advanced biofuel markets.

A subsidiary of Maire Tecnimont, in consortium with Performance Contractors, has been awarded a reimbursable contract by Exxon Mobil for the initial activities related to the front end engineering design, early execution studies and early procurement activities for new process units and the associated offsites and utilities for a Petrochemical complex in the US.