Company Dynamic

AkzoNobel speciality chemicals has announced the challenges for its latest Imagine Chemistry program, which has fast become a key element of the company’s collaborative innovation approach.

• AkzoNobel

Royal Dutch Shell plc said that it is developing a solar power plant at its Moerdijk chemicals site, with construction planned to begin in 2018. The project will provide an approximate peak capacity of 20MW of renewable power.

• Shell

Clariant International Ltd said that it has signed two key agreements with Sinopec, China’s largest petroleum and chemical company.

• Clariant

Lanxess AG has started the operation of a pilot plant for the in situ production of the retanning agent X-Biomer in practice.

• Lanxess

BASF SE said that it will present its new “Be authentic” concept and latest product launches for skin care.

• BASF

Some of PPG’s coatings for self-driving and electric cars are already getting a ride on test vehicles.

• PPG
• Coating

Chao received a bachelor’s degree in mechanical engineering from Rice University and an MBA from the Wharton School of the University of...

• Westlake Chemical

The plant, which can produce 280kt/year of benzene and 220kt/year of toluene, was shut on Nov 18, 2017 for maintenance.

• Refining
• Hainan
• Aromatics

4 million PTA unit yesterday and achieved on-spec products today.The other 700 kta unit will be restarted soon.

• Reignwood
• FCFC
• PTA

FLR said that it is working under its contract with the USACE in support of a FEMA mission to help repair and restore the power grid in Puerto Rico, has completed work on two 115kv transmission lines between substations in Sabana Llana and Canovanas.

• Fluor

AkzoNobel speciality chemicals and Gasunie New Energy have joined forces to study the possible large-scale conversion of sustainable electricity into green hydrogen via the electrolysis of water.

• AkzoNobel

Celanese Corporation (CE) has issued the following statement regarding a proposed joint venture with Blackstone.

• Celanese

Bayer said that it has invested roughly €45 million in the construction of an approximately 11,000 m2 greenhouse at its Monheim site with an adjoining laboratory and office building for insecticide research.

• Bayer

Pidilite Industries Limited, an Indian-based adhesives manufacturing company said that it will acquire a majority stake in Cipy Polyurethanes Pvt Ltd, for Rs 96.4 crore.

• Pidilite
• Polyurethane

Archroma has become a signatory of the United Nations Global Compact, joining the world’s leading voluntary corporate social responsibility initiative, with more than 9,500 participating companies from 160 countries.

• Archroma

Univar AB (Sweden) and Univar AS (Norway), wholly owned subsidiaries of Univar Inc (Univar) have successfully completed the acquisition of Kemetyl Industrial Chemicals, a division of the Kemetyl Group.

• Univar

ExxonMobil Corporation (XOM) has announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015.

• ExxonMobil

Shandong Huachang previously shut down plants due to shortage of natural gas and plans to recover production on Jan 7.

• Re PSF
• Recover

These bitumen products were exported to six different countries, such as Indonesia, Vietnam, Malaysia, Thailand and other Southeast Asia...

• Bitumen
• Maoming
• Export

Petrobras has signed an agreement in principle to settle the securities class action lawsuit filed in the United States District Court for the Southern District of New York (SDNY).

• Petrobras