Linde signed an investment memorandum with Gyeonggi Province for about KRW 150 billion to build an industrial gas plant in Pyeongtaek producing semiconductor rare gases such as krypton and xenon, to be completed by 2031.
Hollingsworth & Vose will invest $40.2 million to expand its Floyd County, Virginia facility by over 28,000 square feet for new production equipment, creating 25 new jobs. Governor Glenn Youngkin announced the project on 3 January 2023.
PPG announced several leadership appointments, effective immediately, including Ram Vadlamannati moving to lead a newly created PPG operations organization while keeping oversight of the EMEA region. The announcement is dated January 5, 2023.
TotalEnergies signed an agreement to purchase petrochemical feedstock from recycled mixed polyolefins produced by Indaver's Plastics2Chemicals plant, under construction and due to open in 2024. The feedstock will be processed into circular polymers for contact-sensitive packaging.
Infineum has agreed to acquire Entegris' Pipeline and Industrial Materials business, which includes the Flowchem, Val-Tex and Sealweld brands and drag reducing agents, with closing expected in Q4 2022 subject to regulatory approvals.
thyssenkrupp Uhde won an EPCC contract from Qatar Fertiliser Company (QAFCO) to build a single-train blue ammonia plant with a capacity of 3,500 metric tons per day, in a consortium with Consolidated Contractors Company. The contract was signed on August 31, 2022, with completion planned for Q1 2026.
Henan Yuda Valve reported supplying more than 500 stainless steel butterfly valves, with Emerson pneumatic actuators, to a caprolactam and hydrogen peroxide chemical project with a total valve value above 500 million RMB. The post is dated 13 August 2022.
EUKALIN Corporation acquired 100 percent of the assets of Adhesives Specialists, Inc., a US maker of water-based and hotmelt adhesives, including its building in Allentown, Pennsylvania. The deal was announced on August 8, 2022, and no value was disclosed.
Chemours is increasing its Opteon YF ultra-low GWP refrigerant production by 40% at its Ingleside, Texas facility through an $80 million project. The expansion is aimed at meeting growing customer demand.
MKS Instruments and Atotech announced on 28 July 2022 that China's State Administration for Market Regulation granted unconditional merger approval, completing all regulatory clearances for MKS's acquisition of Atotech, which is expected to close on 17 August 2022.
Toshiba Materials announced a new facility for silicon nitride balls on its Yokohama headquarters site, budgeted at over 5 billion yen (about US$38 million), raising capacity 50% versus fiscal 2021. Production is expected to start in November 2023.
Dow signed a memorandum of understanding with China's Want-Want Group to supply water-based and solventless laminating adhesives. The aim is zero-solvent emissions and more recyclable flexible packaging.
Parker (Wuxi) Valve Co. has been selected as supplier of high-pressure control valves for the first phase of the 300,000-tonne Liuhua urea project in Gansu Province. The award followed a tender run by the Gansu Tendering Center.
Avantium has agreed to supply polyethylene furanoate (PEF), a biobased polymer, to Carlsberg for packaging including beer bottles. Avantium also agreed to supply PEF to five yarn companies.
Thyssenkrupp Industrial Solutions subsidiary Uhde Inventa-Fischer signed a contract to build a world-scale polymer plant for Merinos Hali in Turkey, producing 330,000 tons per year of resin for PET bottles and textile chips. The article reports no contract value.
Carlsberg Group has signed a conditional offtake agreement with Avantium to secure a fixed volume of PEF polymer from Avantium's FDCA Flagship Plant, which is planned to start up in 2024. Carlsberg will use the resin in its Fibre Bottle packaging.
Lummus Technology and its catalyst partner Clariant were awarded a contract by Fujian Meide Petrochemical to supply CATOFIN propane dehydrogenation technology and catalysts for a 900,000 metric ton per year propylene unit in Fuzhou, China, scheduled to start in 2023.
Valmet will deliver a BioTrac pretreatment system and a BioPower 48 MWth lignin-fired combined heat and power plant for ORLEN Południe's planned second-generation bioethanol plant in Jedlicze, Poland. The plant is due to start operation in 2024. The order value was not disclosed.
Schweitzer-Mauduit (SWM) and Neenah agreed an all-stock merger of equals creating a specialty materials company with about $3 billion in combined revenue, targeting at least $65 million in annual run-rate cost synergies within 24-36 months.
Grupa Azoty Zakłady Azotowe Kędzierzyn is installing new syngas compressors to raise ammonia capacity at its Poland plant, a PLN 180 million (about $43.5 million) project with completion expected in H1 2023.
Avantium N.V. agreed with LVMH to explore PEF, a plant-based recyclable polymer, as packaging for LVMH beauty brands. LVMH Beauty becomes the first luxury cosmetics company to join the PEFerence consortium.
Kaneka Corporation has decided to significantly increase production capacity for its PHBH biodegradable polymer Green Planet in Japan, with further capacity planned in Europe and America.
Chemieanlagenbau Chemnitz has been awarded an engineering, procurement and construction management contract by PVC maker Kem One to build a membrane chlor-alkali electrolysis plant at Fos-sur-Mer, France. The order volume is $64 million, with Asahi Kasei as technology partner.
Avantium announced construction of a commercial-scale FDCA plant in Delfzijl, Netherlands, with capacity of 5 kilotonnes (5,600 tons) per year. The construction is expected to run from Q1 2022 to end-2023, with commercial production from 2024, funded by €192 million in financing.
Flotek Industries agreed a long-term contract to supply its green downhole chemistry solutions to a dedicated portion of ProFrac's hydraulic fracturing fleets for three years. The contract creates an expected backlog of more than $230 million, and Flotek is also issuing $10 million of convertible notes to ProFrac.
Lummus Technology has been awarded a contract by LUKOIL Permnefteorgsintez for a new integrated MTBE and alkylation plant at LUKOIL's refinery in Perm, Russia, using its CD Etherol and CD Alky technologies. The award was announced on 14 January 2022.
Clariant completed the sale of its Pigments business to a consortium of Heubach Group and SK Capital Partners, with a base enterprise value of CHF 805 million before a possible earn-out.
Bona US held a groundbreaking for a 280,000-square-foot building at Monroe Corporate Center in Monroe, North Carolina, its second facility at the industrial park. The company plans to invest more than $20 million and create 124 jobs.
Zep Inc. completed and started up a new AFCO production facility in Kingman's Industrial Park, Arizona, to serve western US customers in the food and beverage processing industry, with about 25 jobs expected over two years.
Burckhardt Compression signed a contract to equip three EVA and LDPE production lines at Jiangsu Hongjing New Material's petrochemical mega-plant in Lianyungang, China, with Booster-Primary and Hyper Compressors. The plant will have an output of 600 kilotons per year of EVA/LDPE. The contract value was not disclosed.
Henkel closed its acquisitions of Darex Packaging Technologies, a metal packaging sealants supplier based in Cambridge, MA, for US$1.05 billion, and the Sonderhoff Group, a Cologne-based foamed gasketing and dosing equipment maker, with undisclosed terms.
Juhua Co. board approved two fixed-asset investment projects at its electrochemical plant: a 48kt/a VDF expansion (CNY 979 million) and PVDF projects (CNY 693 million), expected to be completed and operational in Q4 2023.
Tereos signed a strategic supply agreement with Avantium Renewable Polymers to supply 100% of the wheat-derived F95 high-fructose syrup needed to make FDCA for bio-based PEF packaging. The initial volume is 5,000 tons.
Honeywell is expanding its Baton Rouge, Louisiana facility to double the capacity of its ultra-low global warming potential Solstice ze product. The product is used in foam insulation, propellants, refrigeration and air conditioning.
ADNOC and Borealis signed a final investment agreement worth USD 6.2 billion to build Borouge 4, a polyethylene expansion at the Ruwais complex in the UAE. It will produce 1.4 million tons of polyethylene per year, including a 1.5 million ton ethane cracker.
MPE Partners has acquired DecoArt, a manufacturer of acrylic paints and finishes for arts, crafts and home decorating. The deal was reported on 19 October 2021.
Italian metal packaging maker Tecnocap now uses BASF's biomass-balanced plasticizer Hexamoll DINCH BMB in the sealing gaskets of its metal closures for food packaging, announced in a joint release dated September 23, 2021.
MAN Energy Solutions subsidiary DWE won an order from Wanhua Chemical to deliver three salt-operated reactor systems for a new maleic anhydride plant in China, with an overall capacity of 200,000 tons per year. The plant produces PBAT for biodegradable plastics.
Boeun County signed a 12 billion won expansion investment agreement with Puremann, which will buy land and build a second factory in the Jangan industrial complex to enter the new materials business. Puremann currently makes automotive and refrigeration refrigerants.
Avantor announced a multi-year investment in global hydration capabilities, including a recently completed expansion of its Gliwice, Poland facility and a multi-stage expansion of its Aurora, Ohio facility due by mid-2022.
H.B. Fuller announced a strategic investment in a new adhesives manufacturing plant at CPC Industrial Park in Cairo's 6th of October industrial city. The 37,000 m2 facility is set to start full production in the last quarter of 2022 and will double production capacity.
VA Tech Wabag secured an engineering and procurement order worth USD 165 million from Amur Gas Chemical Complex in Russia, a SIBUR and Sinopec joint venture. Wabag will supply the integrated wastewater treatment facilities with zero liquid discharge.
Eastman and Procter & Gamble signed an agreement under which P&G will use Eastman Renew materials, made by molecular recycling of waste plastic, in select products and packaging. The companies will also collaborate on plastic recycling infrastructure.
Maire Tecnimont subsidiary Tecnimont won a lump-sum turnkey contract from Repsol worth about €430 million to build polypropylene and linear polyethylene units at Repsol's Sines complex in Portugal, due for completion by 2025.
A Maire Tecnimont and Tecnimont Private consortium was awarded a lump-sum EPCC contract by Indian Oil Corporation worth about $170 million for a 200,000 tons per year polypropylene plant at the Barauni Refinery in Bihar, with a 30-month schedule.
Haldor Topsoe will build a 15,000 tpy hydroprocessing catalyst plant at its existing Bayport production site in Pasadena, Harris County, Texas, expected to be fully operational in the first half of 2023.
BASF has entered a collaboration with Pulpex and its global partners to develop proprietary food-grade barrier technologies for the Pulpex paper bottle. The company also aims to add hot-fill and carbonated product capability by end of 2022.
PPG is expanding coatings manufacturing capacity for beverage and food can coatings at its Tiel, Netherlands plant and Cieszyn, Poland plant. Completion is expected between late 2021 and Q1 2022; financial details were not disclosed.
Nouryon will spend SEK 180 million modernizing its Domsjö plant in Örnsköldsvik, Sweden. The upgrade could raise capacity by up to 4,000 tons. The announcement was reported on 26 May 2021.
Cove signed an exclusive five-year agreement to receive 350 million pounds of RWDC Industries' PHA biopolymer for its biodegradable water bottles. The deal supports Cove's planned first product launch later in 2021.