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11:34 AM, 20th August 2014
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AkzoNobel to build decorative paints facility in China

CHENGDU, CHINA: AkzoNobel broke ground on its new decorative paints site in Chengdu, capital city of Sichuan Province, China. The facility is part of an investment in excess of €50 million to build manufacturing facilities for both powder coatings and decorative paints. Located in Qionglai Yang’an Industrial Park, the new site – the company’s fourth plant for decorative paints in China – occupies an area of 55,000 square meters. The first phase is scheduled to be ope ...

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7:47 AM, 3rd July 2014
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Huntsman, Shanghai Chlor-Alkali to double MDI splitting capacity in China

SHANGHAI, CHINA: Huntsman and Shanghai Chlor-Alkali Chemical Co Ltd (SCAC) announced plans to double the MDI (diphenylmethane diisocyanate) splitting capacity of their joint venture company, Huntsman Polyurethanes Shanghai Ltd Co (HPS), at the Shanghai Chemical Industrial Park (SCIP) in Caojing, China. With the new plant, MDI splitting capacity at the site will increase from 240,000 to 480,000 metric tonne per year. Commercial operation is planned to start in 2017. The facility will take MDI pre ...

11:04 AM, 1st July 2014
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BASF, Huntsman, Shanghai Hua Yi, Shanghai Chlor-Alkali, Sinopec form JV in China

SHANGHAI, CHINA: BASF, Huntsman, Shanghai Hua Yi (Group) Company, Shanghai Chlor-Alkali Chemical Co Ltd and Sinopec Group Assets Management Corporation started the construction of a new plant with a production capacity of 240,000 metric tonne of crude diphenyl methane diisocyanate (MDI) per year, at Shanghai Lianheng Isocyanate Co Ltd (SLIC) in Caojing, China. With the new plant, the MDI capacity at this site will be doubled to 480,000 metric tonne per year. In addition, the partners plan to bui ...

7:32 AM, 1st July 2014
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JBF Industries starts production at PET plant in Geel, Belgium

MUMBAI, INDIA/GEEL, BELGIUM: JBF Industries Ltd has started commercial production at its polyethylene terephthalate (PET) project at Geel, Belgium. The 3,90,000 tonne per annum project, which is co-located on the BP Aromatics site, was executed through JBF Global Europe BVBA, wholly owned step subsidiary of JBF Industries Limited. Film project set up through JBF Bahrain SPC is already running satisfactorily. With this, two out of three projects which JBF Industries was implementing, have starte ...

4:22 AM, 27th June 2014
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Massive explosion at GAIL gas pipeline kills eleven

HYDERABAD, INDIA: Eleven persons were burnt alive and 15 suffered burn injuries in a big explosion of a GAIL gas pipeline at Nagaram village in East Godavari district of Andhra Pradesh, India on 27 June 2014. According to IANS reports, eleven people caught in the blaze were burnt alive. Fifteen others were injured and were taken to hospital. Police have confirmed three deaths. According to reports by PTI, the fire occurred in an 18-inch pipeline of the company near to the ONGC refinery complex. ...

11:52 AM, 25th June 2014
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Wilmar acquires European commodity surfactants business of Huntsman

THE WOODLANDS, US/SINGAPORE: Wilmar Europe Holdings BV, wholly-owned subsidiary of Wilmar International Limited, has completed the purchase of Huntsman’s European commodity surfactants business. Financial details of the agreement were not disclosed. Under the agreement, Huntsman has sold to Wilmar its ethoxylation facility in Lavera, France and Wilmar has entered into a multi-year arrangement to purchase certain sulphated surfactant products from Huntsman’s facilities in St Mihiel, F ...

9:17 AM, 25th June 2014
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Showa Denko strengthens high-purity gases supply in Asia

TOKYO, JAPAN: Showa Denko has strengthened its system for supplying semiconductor-processing high-purity gases in Asia. In China, Showa Denko increased the production capacity for high-purity ammonia at its subsidiary in Zhejiang Province in January 2014. This month, the subsidiary started shipments by ISO tank container on a full scale, in addition to conventional shipments by cylinder, to meet brisk demand from customers. In Taiwan and Singapore, the company completed expansions of high-purit ...

6:46 AM, 19th June 2014
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BP, Indian Oil cancel plans for acetic acid plant JV in Gujarat, India

VADODARA, INDIA: UK-based BP and Indian Oil Corporation’s (IOC) have now decided to scrap the project to set up a one million tonne per annum acetic acid plant in Gujarat, India, as feasibility studies suggest that the plant is economically unviable. According to AMK Sinha, Director, IOC, the company board couldn’t approve the project, as it did not meet the minimum return on investments norms. “There are certain issues on the capital cost. It appears that the project is not me ...

9:58 AM, 18th June 2014
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BP, CNOOC sign LNG supply agreement

BEIJING, CHINA: China National Offshore Oil Corporation (CNOOC) has signed a 20-year deal with London-based oil giant BP for liquefied natural gas (LNG) supply. According to the agreement, BP will supply up to 1.5 million tonne per annum of LNG from its global portfolio to CNOOC over 20 years starting in 2019 and the parties are expected to reach a full commercial contract in mid-2014, said CNOOC in a statement. “The agreement with BP will not only deepen the cooperation between both part ...

5:33 AM, 13th June 2014
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Gas leak accident at Bhilai steel plant kills six

BHILAI, INDIA: In an accident at Bhilai Steel Plant on 12 June 2014, at least six employees were killed and over 30 injured after a gas leak. The victims included two deputy general managers. The incident occurred when repair work was being carried out in a section of the plant. Sources said a blast furnace reported leakage, and when officials and firefighters reached the spot, there was a blast in a nearby pipeline. As per the statement issued by the plant authorities, gas leakage from blast f ...

7:28 AM, 12th June 2014
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Mitsui, BASF collaborate for new insecticide

TOKYO, JAPAN/LIMBURGERHOF, GERMANY: Mitsui Chemicals Agro, Inc and BASF will sign an exclusive global development and license agreement for a new insecticide. Under the terms of the agreement, Mitsui has granted BASF a worldwide, exclusive license to commercialize the new insecticide, except in Japan and some other countries where Mitsui will hold the exclusive and/or co-exclusive rights. Featuring a new mode of action, the active ingredient will provide growers and pest management professional ...

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