McDermott wins fluid catalytic cracking unit contract for Panipat Refinery

McDermott wins fluid catalytic cracking unit contract for Panipat Refinery

McDermott International has received a technology contract for grassroots fluid catalytic cracking unit (FCC unit) for the Panipat Refinery in Haryana, India owned by Indian Oil Corporation Limited (IOCL/ IndianOil). With a value between $1 million and $50 million, the contract involves technology license, basic engineering, proprietary equipment, training and technical services. The fluid catalytic […]

Sasol opens new alkoxylation plant in Nanjing, China

Sasol opens new alkoxylation plant in Nanjing, China

South African chemicals company Sasol has officially opened its new alkoxylation plant in Nanjing, China , which is expected to more than double its production capacity of alkoxylation in the region. Sasol alkoxylation plant in Nanjing Built at the Nanjing Jiangbei New Material Hi-Tech Park, the new Sasol alkoxylation plant in Nanjing will be supported […]

ExxonMobil set for $2bn Exxonmobil Baytown expansion project

ExxonMobil set for $2bn Exxonmobil Baytown expansion project

ExxonMobil will move ahead with a $2 billion investment for the Exxonmobil Baytown expansion project at the ExxonMobil Baytown Complex in Texas. The expansion project at the Exxonmobil Baytown refinery, which will generate nearly 2,000 Exxonmobil Baytown jobs during the construction stage, will see the installation of a new polymer production plant with a capacity […]

Entegris to acquire rival chemicals company Versum Materials in $4bn deal

Entegris to acquire rival chemicals company Versum Materials in $4bn deal

Entegris acquisition of Versum : US chemicals manufacturer Entegris has agreed to acquire Arizona-based chemicals company Versum Materials in an all-stock deal worth around $4 billion. The Entegris Versum merger is expected to create a $9 billion or so worth premier specialty materials company that will serve the semiconductor and other high-tech industries. Versum was […]

Indian Peroxide launches new hydrogen peroxide plant in Gujarat

Indian Peroxide launches new hydrogen peroxide plant in Gujarat

Chemical industry news : Indian Peroxide Limited (IPL), a specialty chemicals manufacturer, has launched a new hydrogen peroxide plant complex located in Dahej in the Indian state Gujarat. The hydrogen peroxide plant, which manufactures industrial grade hydrogen peroxide (H2O2) offered in 35%, 50% and 60% concentration, has a capacity of 125 tons per day (TPD). […]

Praxair to expand nitrogen capacity to support Samsung’s semiconductor fab

Praxair to expand nitrogen capacity to support Samsung’s semiconductor fab

Industrial gas company Praxair revealed its plans to expand nitrogen capacity at its South Korean plant being constructed in Pyeongtaek in order to address growing demand of the gas at the semiconductor manufacturing complex of Samsung Electronics. The Pyeongtaek facility with an investment of around $600 million will comprise several hydrogen plants and air separation […]

Superior Plus to acquire propane distribution assets of Porco Energy

Superior Plus to acquire propane distribution assets of Porco Energy

Superior Plus, a Canadian energy distribution and specialty chemicals business, has agreed to acquire all of the propane distribution and other assets of US-based propane marketer Porco Energy. Terms of the transaction were not revealed. Established in 1954, Porco Energy is an independent propane distribution company in New York, which caters to residential and commercial […]