Company Dynamic

Reliance Marcellus II LLC, a subsidiary of Reliance Holding USA Inc. (Reliance), and Reliance Industries Limited (RIL), has signed agreements to sell all of its interest in certain upstream assets in north-eastern and central Pennsylvania.

• Reliance

PhosAgro and the Saudi Arabian Mining Company (Ma’aden) have signed a landmark memorandum of understanding (MoU) that will provide new motivation to the development of the global phosphate-based fertiliser industry.

• PhosAgro

BASF SE hasdeveloped new a material for window profiles with high thermal insulation based on engineering plastic Ultradur.

• BASF

ExxonMobil Corporation (XOM) said that it has made a fifth new oil discovery after drilling the Turbot-1 well offshore Guyana.

• ExxonMobil

Total SA is expanding France residential gas and power distribution market with the introduction of Total Spring, a natural gas and green power offering that is 10 percent cheaper than regulated tariffs.

• Total

Emergency crews responded to a reported explosion at a chemical plant in Eastman Chemical Company in Tennessee, CBS affiliate WJHL-TV reports.

• Eastman
• Explosion

Giti Tire welcomed the Honorable Henry McMaster, Governor of South Carolina, and Greg Foran, President and CEO, Walmart U.S., to celebrate the company’s first tire factory located in the U.S.

• Giti
• Tire

Reliance Industries Ltd has purchased crude oil cargoes from the United States for the first time, drawn by the lower price for U.S. oil versus global benchmarks, three trade sources said on Tuesday.

• Reliance
• India
• Oil

By 2022, Walmart aims to reduce chemicals of concern in the products it sells by 10%, becoming the first US retailer to set a time bound reduction goal.

• Walmart

Nissan Chemical Industries Ltd has established a new subsidiary Nissan Chemical Materials Research (Suzhou) Co, Ltd in Suzhou, the People’s Republic of China (China).

• Nissan

Archroma has extended its Cartasol range by introducing a new, improved bright yellow dye called Cartasol Yellow 6GFC liq, that has no added diethanolamine (DEA) or triethanolamine (TEA or TAN).

• Archroma

BASF SE has signed a contract with Synthomer Austria GmbH, a subsidiary Synthomer plc, for the sale of its production site for styrene butadiene dispersions for paper coating in Pischelsdorf, Austria, for a purchase price of €30 million.

• BASF

Praxair Inc shareholders have approved the merger of equals with Linde AG.

• Praxair
• Linde

Air Products and Chemicals Inc (APD) has appointed Naji Skaf as vice president and managing director of its industrial gases business in the Middle East, Egypt and Turkey.

• Air Products
• Industrial Gases

The LNG bunker transfer was done by a truck-to-ship method to the floating liquefaction (FLNG) vessel, Hilli Episeyo, that is expected to arrive in Cameroon later this year.

• Keppel
• Shell
• LNG

An agreement has been signed with energy company Eneco which means the company’s facilities in Sassenheim, Wapenveld, Groot Ammers and Ammerzoden are now entirely using electricity generated by wind power.

• AkzoNobel
• Paint

LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, today announced the introduction of its new global brand and tagline, "LyondellBasell: Advancing Possible."

• LyondellBasell

Sinopec Shanghai Petrochemical plans to close its No. 1 225kt/year MEG plant around Oct 1 for about 7 days of turnaround.

• Petrochemical
• MEG

Royal Dutch Shell is opening the first Chinese office of its venture capital fund and recruiting three local investment staff there to tap a market where it sees "explosive" growth, the head of the business told Reuters on Thursda

• Shell
• China