Sibur’s Blagoveshchensk site has completed reconstruction of the terephthalic acid production facility, the only one currently in Russia

BASF, Solvay and Domo Chemicals agreed that Domo will acquire the European PA6.6 business from Solvay. This transaction is targeted to close by the end of 2019 and remains subject to the approval of the relevant competition authorities.

Sibur and Gazprom Neft under its joint venture firm ‘Sibgazpolimer’ signed an agreement with the Titan Group to acquire 50 % stake in one of Russia's largest polypropylene facilities, Poliom. Sibur now aims to develop the facility’s polymer range whereas Gazprom Neft is expected to develop its petrochemical production.

Tosoh has undertaken the move with an aim to meet the growing demand of chloroprene rubber in the region. The company also has plans to renew its facilities and further expand its business.

Neste recently held a foundation stone ceremony in Singapore. The ceremony marked the extension of a new production line which aims to expand the firm’s renewable products production capacity in the country.

Fluence Analytics intends to use the new funds to support its paid proof of performance trials, expand sales activities, and invest in new hardware and software capabilities. The investment comes post the startup announcing a Series A-1 funding round.

Nouryon has undertaken this move after completing a major expansion project at its site in China. Its plant can now produce up to 38,000 tonnes per year of Dicumyl Peroxide. The project is expected to meet the growing demand for DCP within the region as well as around the globe.

Evonik is reorganizing its business for high-performance polymers within the polyamide group. The specialty chemicals company has already begun construction of a new polyamide 12 (PA 12) facility complex and is expanding its production of transparent polyamides at the Marl Chemical Park. As part of the reorganization process, the company will withdraw entirely from the polyphthalamide (PPA) business at the Witten site.

Haldor Topsoe has plans to build a 10 kg/hour methanol plant to demonstrate the company’s electrified and extremely compact e SMR Methanol technology for cost-competitive production of sustainable methanol from biogas.

Ineos Styrolution, Trinseo, and Agilyx have collaborated to establish the first of its kind polystyrene chemical recycling plant in Europe. The new commercial scale facility is expected to process up to 50 tonnes-per-day of post-consumer PS feedstock.