Company Dynamic

CB&I has been awarded a contract by Tecnicas Reunidas SA for new product storage tanks that will be part of a clean fuels expansion project at Saudi Aramco's refinery in Ras Tanura, Saudi Arabia.

• CB&I

China's growing e-commerce market, which now accounts for about 40 percent of global retail e-commerce sales, is giving a surprising boost to Dow Chemical Co.'s packaging business in Asia-Pacific.

• Dow

Following a good second quarter 2017, specialty chemicals company Lanxess continues to expect the highest earnings in the company’s history for the current financial year. Across all segments, sales were substantially higher year on year.

• Lanxess

BASF SE said that it will present a series of chemical solutions that help tanneries lower their carbon and toxicity footprint, as well as reduce water and energy usage.

• BASF

The Plaza Group, a leading international petrochemical marketing firm said that it will acquire Conchemco, a leading marketer and distributor of chemicals and solvents.

• Plaza

Fluor Corporation (FLR) said that the Ma’aden Wa’ad Al-Shamal Phosphate Company’s (MWSPC) Umm Wu’al phosphate project in Saudi Arabia has started production of ammonia, merchant-grade acid and fertilizer.

• Fluor

World-leading direct-selling producer Mary Kay China Co Ltd is expanding its business from cosmetics to the health and well-being market, enlarging its potential customer base from adult women to include the elderly and children.

• Cosmetics
• Mary Kay

Paint major Akzo Nobel is bullish on growth opportunities in India even as it is restructuring its business worldwide.

• AkzoNobel
• Coating

On the evening of July 31, Hengli issued 2017 semi-annual report.

• Hengli
• Revenue

OLAM International on Monday posted a nearly 29 per cent rise in net profit to S$147.7 million for the second quarter ended June 30 on growth in its food category, up from S$114.9 million a year ago.

• Olam
• Food

In its sixth acquisition so far this year, Axalta Coating Systems, the Philadelphia industrial coatings company spun off from DuPont Co. in 2013

• Axalta
• Coating

India's TVS Motor Co Ltd posted a nearly 7 percent rise in quarterly profit on Friday, missing analysts' estimates.

• India

U.S. chemical companies are expected to drive new breakbulk demand with investment decisions on a range of second wave construction, following double-digit growth for the first half of the year.

• U.S.
• Chemical

The Goods & Services Tax (GST) regime has stipulated 12% tax on the sale of fertilizers, effective July 1, 2017.

• GST
• ICRA

Over the past decade, more than 150 steel bridges in Virginia have been repainted with two-coat polyaspartic urethane coating technology.

AkzoNobel NV said that its coatings are used in a medical ship operated by Vine Trust, to help people living in remote and isolated communities have access to primary healthcare.

• AkzoNobel

KBR Inc (KBR) has entered into a memorandum of understanding (MoU) with Saudi Aramco to expand and develop KBR's services for Saudi Aramco in line with the Kingdom of Saudi Arabia's (KSA) localization objectives.

• KBR

Covestro AG said that it will present new and hi-tech products for ID cards, with films that improve security and enable efficient production of cards.

• Covestro

Merck Group announced the establishment of the Merck Foundation, a non-profit limited liability company.

• Merck
• Healthcare

China Petroleum and Chemical Corp., or Sinopec, raised its ex-works butadiene offers in East China to Yuan 8,700/mt, equating to $1,092/mt on an import parity basis, up Yuan 500/mt or 6.1%, effective Wednesday, market sources said Thursday.

• Butadiene
• Sinopec