Company Dynamic

CBI has been awarded a contract by PT Chandra Asri Petrochemical Tbk (CAP), to supply materials for the revamp of existing cracking heaters, at CAP's naphtha cracker plant in Cilegon, Indonesia.

• CBI

Taiwan's Formosa Chemicals and Fibre Corp. (FCFC) will shut its 550,000 mt/year PTA plant at Mailiao for two weeks of maintenance in August. The company's 700,000 mt/year PTA facility at Long Der will continue to run during the Mailiao shutdown.

• FCFC
• PTA

Saudi Aramco received the approval of the Saudi government to set up two new companies that will develop and operate a new Energy Industrial City in Saudi Arabia, as the kingdom seeks to expand its industrial base, state news agency SPA reported on Monday

• Saudi
• Aramco
• Energy

Commodity trader Cargill Inc completed the sale of its petroleum business to Australian investment bank Macquarie Group Ltd (MQG.AX) on June 30, a company spokeswoman told Reuters on Friday.

• Cargill
• Macquarie

China's crackdown on recovered plastic imports, called National Sword, will present business opportunities in the United States and other Western countries, one recycling official close to the issue believes.

• Plastics
• China
• Import

Toyoda Gosei Co. Ltd. is increasing its production capacity for plastic fuel filler pipes in the U.S. and Japan to meet growing demand for lightweight auto parts.

• Toyoda
• Japan

Kuwaiti petrochemicals producer, the Equate Group, is taking an unplanned shutdown of its ethylene unit 2 (EU2) in Kuwait due to a technical issue, it was announced July 10.

• Ethylene
• Unit

PPG Industries Inc (PPG) announced the completion of a Colourful Communities project in Rolle, Switzerland, that brought colour to a local park and playground used by area residents and tourists visiting Rolle Castle.

• PPG

Lanxess AG said that its material protection products (MPP) business unit will showcase its effective cold sterilisation technology for soft drinks and to present its Velcorin technology as an oenological method for stabilising wine.

• Soft Drink
• Lanxess

Wacker Chemie AG has strengthened its cooperation with Royal Tech CSP Limited of China, a specialist for highly efficient solar thermal systems that are based on CSP technologies. The two companies signed an agreement to this effect.

• Wacker

Sadara Chemical Co, a $20 billion joint venture between Saudi Aramco IPO-ARMO.SE and U.S. firm Dow Chemical, has started production at its propylene glycol plant, moving closer to full operation of the JV's petrochemicals complex.

• Propylene
• Glycol

H&M Beauty is due to launch in Malaysia in the autumn, Cosmetics Business can confirm.

• Cosmetics

During the on-line auction, Taicang Yifeng Chemical Fiber Co., Ltd. has acquired the bankrupted Jiangsu Minghui Chemical Fiber Co., Ltd at a price of 771 million yuan in the morning of Jul 9, 2017.

• Fiber

Hanbang restarts the 2.2 million mt/yr PTA unit yesterday as planned and the unit was shut for turnaround since Jun 20.

• PTA

Fujian Jialong shut its 600kta PTA unit today instead of the original plan that the unit would be shut in Jul 13-26.

• PTA

Yangzi Petrochemical has shut its 600kta PTA unit since May 28 for turnaround and now will restart it this weekend, which accords with its plan of restarting on Jul 15.

• PTA

Swedish scientist Eva Ekeblad would be celebrating her 293rd birthday today and Google has created a Doodle in her honour.

• Google
• Potatoes
• Alcohol

PPG Industries Inc (PPG) announced the completion of a Colourful Communities project in Rolle, Switzerland, that brought colour to a local park and playground used by area residents and tourists visiting Rolle Castle.

• PPG

Materials maker Ineos Styrolution Group GmbH has launched new grades of styrenic block copolymer and ABS resins for the medical market.

• Materials

AkzoNobel NV said that it has planted around 12,000 seedlings at of its sites in Brazil, a large area in the Brazilian rainforest.

• AkzoNobel