Company Dynamic

AkzoNobel NV and global peace movement MasterPeace have reached the milestone of creating 100 “walls of connection” in more than 30 cities this year. The 100th mural was painted at the AkzoNobel education centre in Badshahpur, Gurgaon, India.

• AkzoNobel

Solvay SA said that it is increasing its manufacturing capacity for European natural vanillin by 60 metric tonnes, to meet long-term growth expectations associated with natural food and beverage ingredients.

• Solvay

Fluor Corporation (FLR) said that mechanical completion has been achieved on the Sunrise 04-26, Tower 03-07 and Saturn 15-27 sweet gas plants for the Cutbank Ridge Partnership (CRP) program in Dawson Creek, Canada.

• Fluor

BASF SE has granted Pulead Technology Industry a sub-license under Argonne National Laboratory (ANL) patents related to nickel-cobalt-manganese (NCM) cathode materials for lithium-ion batteries.

• BASF

Created to answer consumer demand for tasty, ready-to-use Swiss cheese, the new culture delivers excellent flavour, consistent quality, more efficient production and reduced ripening time for mature Emmental-type cheeses.

• DSM

Kuwait's EQUATE has restarted its 615kt/year MEG plant recently.The plant was shut in early November for scheduled turnaround.

• Kuwait
• MEG

Polytex Far Eastern Vietnam Company, a subsidiary of Taiwan based Far Eastern Group, will set up its second textile dyeing and chemical ...

• Taiwan
• Investments
• Vietnam

Yangzi PC accidentally shut PTA production on Nov 25-26 and plans to restart it in 7-10 days.

• Yangzi PC
• PTA

Gazprom has signed a five-year €1 billion credit facility agreement with Japan's Mizuho Bank Ltd (Mizuho), Sumitomo Mitsui Banking Corporation and US-based JP Morgan Chase Bank NA.

• Gazprom

KBR has been awarded a concept and FEED (front-end engineering design) contract by Statoil ASA for their ground-breaking Northern Lights project, to develop an onshore carbon dioxide (CO2) storage terminal in Norway.

• KBR

ExxonMobil Corporation (XOM) has started production at its Hebron.

• ExxonMobil

Royal DSM said that it is in the process of expanding the capacity of its speciality polymers plants in Emmen and Geleen, the Netherlands.

• DSM

Evonik Industries has signed a corresponding agreement to acquire 3M’s high-concentrates additive compounding business.

• Evonik

Sadara has signed a memorandum of understanding (MoU) with Gulf Interchem, a Bahrain-based technology company to focus on innovating in the field of low-value chemical by-product recycling, for a by-products upgrade project based in PlasChem Park, Jubail.

• Sadara

H B Fuller (FUL) has opened its new “automotive competency centre” in Mannheim, Germany.

• FUL

A European project, coordinated by the Spanish national research council (CSIC) is looking into new technologies to obtain high added-value chemical compounds from biomass.

• Compounds
• Biomass

A fast-growing flexible packaging company is attracting a new investor that will allow for even more expansion.

• Indevco
• ePac

Bottled water growth is lessening the blow of lower carbonated soft drink demand in Mexico for PET resin maker DAK Americas.

• Bottled

Dutch chemical company Royal DSM is expanding its high-performance plastics production in Europe in response to strong customer demand.

• DSM

German specialty chemical company Evonik Industries AG announced Nov. 28 that it has signed an agreement to acquire the high-concentrates additive compounding business of 3M Co.

• Evonik