The expansion deals with increasing the production capacity of organic peroxides in Mahad, India. The move is expected to boost capacity by 80 per cent and support the growing demand from the Middle East as well as the local market.

Perkadox GB-50 is a fresh version of dibenzoyl peroxide and is the maiden dry BPO in the market that does not comprise dicyclohexyl phthalate. The production of the new version will be carried out in Los Reyes, Mexico.

Located in Alabama, the plant is Arkema’s maiden facility in the USA. The move is in line with the firm’s ambitious growth strategy for developing high-performance polymers and advanced materials.

Eastman’s ‘Carbon renewal technology’ is the company’s second innovative recycling solution which is capable of recycling complex plastic waste that cannot be recycled with conventional recycling technologies.

With an intention to grow strongly in the Asian market, Lubrizol Corporation has installed a new TPU line in its China plant. This is the company’s second such expansion in a single year which aims to support Lubrizol’s Engineered Polymers business.

The agreement has been signed with the province of West Java in Indonesia and aims at reducing the pollution of plastics especially plastics reaching the ocean from around the country. The Indonesian Government has also committed to reduce marine plastic debris by 70 per cent by 2025.

China holds a strong position in the global chemical industry and with the recent market happenings in the country; the Asian country is keen on upgrading its game plan.

Solvay announced today that it has signed an agreement to acquire a controlling interest in Sunshield Chemicals, an Indian company specializing in surfactants, from Amit Choksey Group. This acquisition will enable Solvay’s Novecare business to accelerate growth plans in India for the home and personal care, agrochemicals, coatings and industrial applications markets.

The capacity expansion is expected to take place at Solvay’s Saint-Fons plant in France and will be fully operational in Q2-2019. With this move, the firm aims at improving the security of supply on three continents.

Mc Dermott International has bagged a technology contract which includes basic engineering and technology licensing as well as detailed engineering and material supply of heaters for Irkutsk Oil Company’s 650 KTA ethylene plant in Russia.