Company Dynamic

W R Grace & Co (GRA) has contracted to license its UNIPOL PP process technology to Sinochem Quanzhou Petrochemical Co Ltd for a 1-million-tonne-per-year ethylene cracker and refinery expansion project at its facility in Quanzhou, Fujian province, Chin

• Grace
• Sinochem

Covestro AG has appointed Dr Thomas Toepfer (45) as the company’s new chief financial officer (CFO). He will take over the position from Patrick Thomas, effective on 1 April 2018.

• Covestro

Total SA announced first oil from the Libra mega-field, located in ultra-deep waters 180 kilometers offshore Rio de Janeiro, in the pre-salt Santos Basin in Brazil.

• Total

Ineos has announced a long-term supply agreement with SP Chemicals to deliver ethane from US shale gas to China.

• Ineos

Sika AG has agreed to acquire Faist ChemTec Group, a leading manufacturer of high-performance engineered, structure-borne acoustic solutions for the automotive industry.

• Sika

Dow Performance Silicones, part of DowDuPont Inc.'s materials sciences division, has launched a new plastics additive at Fakuma that delivers long-term slip performance without migration for processing of biaxially oriented polypropylene films.

• Dow

Global demand for high-performance engineering nylon resins continues to exhibit very strong growth, a trend fueled by the increasing use of these resins in the automotive, consumer and electronics markets.

• DowDuPont

LyondellBasell is acquiring a 50 percent stake in the Dutch plastics recycling company Quality Circular Polymers (QCP).

• LyondellBasell

Linde AG has developed an integrated gas supply system designed for customer ArcelorMittal - the world's largest steel corporation.

• Linde

Bayer AG is extending its partnership with Bitkom, Germany's digital association, and is boosting its support for digital innovation in the areas of health care and agriculture.

• Bayer

BASF SE said that it is in discussions regarding a potential merger of BASF Group’s oil & gas activities with Letter One’s oil & gas activities bundled in the DEA Group.

• BASF

AkzoNobel NV has agreed to acquire the business of V.Powdertech Co Ltd, the leading Thai manufacturer of powder coatings, supplying a range of products for domestic appliances, furniture and general industrial applications.

• AkzoNobel

Total SA has agreed to sell all of its interests in the Martin Linge field (51 percent) and Garantiana discovery (40 percent) on the Norwegian Continental Shelf to Statoil ASA.

• Total

OPTC has fed PX into the 1.5 million mt/yr new PTA unit and on-spec products may come out in a few days.

• OPTC
• PTA
• Unit

Hanbang shuts 2.2 million mt/yr PTA unit unexpectedly on Nov 18-19 and restarted it on Nov 23.

• PTA
• Unit

The project with a total investment of 500million yuan and covering an area of 150 mu (10 hectares) is expected to produce 100kt PET fla...

• PET
• Re PET

Dutch specialty chemicals company Royal DSM and Emeryville, Calif.-headquartered biotechnology company Amyris Inc. have extended a strategic alliance they formed in May through the $58 million sale of Amyris Brasil Ltda. to DSM.

• DSM

Flexible packaging is boosting Dow Chemical's resin sales in Mexico.

• Flexible Packaging
• Dow
• Mexico

Lanxess AG is strengthening its presence in China by building a new plant for high-performance plastics in Changzhou for around €20 million.

• Lanxess

Mitsui has made the decision to acquire a part of shares in ETG and has subsequently entered into a number of agreements, including a share transfer agreement with a total acquisition price of approximately 30 billion yen.

• Mitsui