Company Dynamic

ExxonMobil Corporation has completed acquiring a 25 percent indirect interest in Mozambique’s gas-rich Area 4 block from Eni and assume responsibility for midstream operations.

• ExxonMobil

Sika will extend its range of solutions for roofing and waterproofing customers, and further expand its manufacturing footprint in Mexico to better serve the Mexico City metropolitan area.

• Sika

Evonik Industries has invested in the startup HPNow ApS through its venture capital unit and now holds a minority stake in the company, which is headquartered in Copenhagen (Denmark).

• Evonik

Sika AG has established its 100th national subsidiary in Bangladesh. Reaching a further milestone in the implementation of its growth strategy and is now represented in 100 different countries.

• Sika

AkzoNobel’s speciality chemicals business said that it is studying plans to expand production of high-purity vacuum salt at its Delfzijl site in Netherlands. The project would increase output at the facility by around 25 percent.

• AkzoNobel

BASF SE and Sinopec said that they will expand the production capacity of neopentyl glycol (NPG) at the state-of-the-art Verbund site, BASF-YPC Co Ltd, a 50-50 joint venture in Nanjing, China.

• BASF

Petrobras and ExxonMobil Corporation has signed a memorandum of understanding (MoU) regarding a strategic alliance to jointly identify and evaluate potential business opportunities.

• ExxonMobil

Other colours include, 'One face, one human race' that is a totally random combination of several colours, making every chip is unique, ...

• Clariant

Enterprise Products Partners LP (EPD) said that it will adopt five new quality specifications for sweet crude oil, also referred to as West Texas Intermediate (WTI) at its terminal in Cushing, Oklahoma.

• EPD

Royal Dutch Shell plc has made the following statement in response to the decision by the Judge of the Preliminary Hearing of the Tribunal of Milan.

• Shell

AkzoNobel NV has signed an agreement which will see its Deventer site in the Netherlands transformed into a chemistry and technology innovation hub.

• AkzoNobel

Brenntag has signed an agreement to acquire Quimitecnica.com – Comercio e Industria Quimica SA, Portugal (Quimitecnica).

• Brenntag

Just months after bailing from the Paris agreement, the Trump administration also acted to repeal former president Barack Obama’s regula...

• Climate
• Emission
• Pollution

Ningbo Liwan shut its 700kta PTA plant due to technical glitch and plans to restart it on Dec 24.

• PTA
• Ningbo

Jiaxing PC has fed acetic acid into the 2.2 million mt/yr new unit today and products may come out on Dec 21.

• Jiaxing
• PTA

Yisheng restarted the 650KTA PTA unit on Dec 17 but BP Zhuhai shut its 1.25 million mt/yr since Dec 15 for 15-day maintenance.

• Yisheng
• PTA
• BP

The company originally planned to shut the unit in end December 2017 for turnaround, but postponed the turnaround to May or June 2018.

• Sanjiang Chemical
• Turnaround

PopFoam, a custom manufacturer of a proprietary ethylene vinyl acetate-based injection molded foam, is partnering with a plastics manufacturer in the United States to boost production capacities and serve its North American customers.

• PopFoam

Moody's Investors Service is maintaining a stable outlook for the pending materials science spin-off of DowDuPont, expecting that the company will make adjustments to compensate for its lower earnings.

• DowDuPont

ADM said that it has reached an agreement to sell its oilseeds operations in Bolivia to Inversiones Piuranas SA. The sale includes ADM’s processing facility in Santa Cruz de la Sierra, as well as nine-grain silos and ADM’s Bolivian distribution business.

• ADM