Page 71 - B2B Connect

L&T Hydrocarbon-EMAS Chiyoda consortium wins $ 1.6 bn contract in Saudi Arabia

The contract, awarded by Saudi Aramco, is for the development of the second phase of Hasbah Offshore Gas field situated off the Coast of Saudi Arabia

Innospec to buy Huntsman's European surfactants business for $ 225 mn

The planned transaction with Innospec represents another step in Huntsman's strategic transformation of its performance products business

Mitsui partners with Germany's Forward Engineering for composite applications

With this, Mitsui aims to expand its presence in the automotive carbon fibre market by leveraging FE's advanced knowledge relating to auto parts made from composite materials

Mitsubishi and Ube Industries to merge injection moulding machine businesses

Ube Machinery will acquire an 85 percent stake in Mitsubishi Heavy Industries Plastic Technology in order to secure the latter's worldwide business in injection moulding machines

Toray plans $ 100 mn investment to set up nylon fibres plant in Mexico

The plant, with production capacity of about 10,000 tonnes, will supply nylon fibres for automobile airbags and airbag materials

Penn Engineering buys plastic fastener maker Heyco

The acquisition will diversify the Penn Engineering product portfolio by expanding into engineered plastic fasteners, components and wire protection products

LyondellBasell to set up high density polyethylene plant in US

The HDPE plant, with a 500,000 MTPA capacity, will be built on the US Gulf Coast and will use LyondellBasell's new Hyperzone PE technology commercially for the first time

Solvents market in US to reach 9.6 billion pounds by 2020

Increase in construction activity is stimulating demand for related materials, such as paint and coatings and adhesives and sealants, says Freedonia's new study

Merck inks licensing pact with Nanoco for quantum materials

Cadmium-free quantum dots enable ultra-bright displays with a substantially extended colour range

Celanese stops monomethylamine production at Mexico site

The site will continue to produce dimethylamine (DMA) and trimethylamine (TMA) with a focus on growing and expanding the company's amines business

Flotek to acquire International Polymerics

This acquisition will allow Flotek to accelerate its fluid systems development while adding-value and increasing margins in IPI's core guar business

Mitsui Chemicals to expand thermoplastic olefinic elastomer in Japan

The company will increase the capacity of Milastomer, its thermoplastic elastomer brand, by 5,000 tonnes per annum at the Chiba (Japan) site of its subsidiary, Sun Alloys Co Ltd

GSK to invest $ 360 mn in 3 UK sites to augment pharma production

Investment will be made at Barnard Castle, Montrose and Ware sites for advanced manufacturing of new respiratory and biopharmaceuticals portfolio

CB&I bags contract for alkylation technology from PT Pertamina

Pertamina's alkylation unit in Balikpapan (Indonesia) will use CB&I's CDAlky advanced sulfuric acid alkylation technology

Nudging India out from water stress through plasticulture

With plasticulture, ie using plastics in agricultural activities, India can increase per capita water availability to more than 1,750 m3 from current 1,588 m3

Footwear institute FDDI grants Green Label certificate to Henkel India

Green Label is a quality certification label that is issued to validate safe, healthy and eco-friendly footwear, leather products & components used to manufacture them and allied products

PolyOne acquires Gordon Composites and Polystrand for $85.5 million

These acquisitions further consolidate the company's position in continuous reinforced thermoplastic composite technology

Mitsubishi Chemical plans to sell polyester feedstock business in India: Report

Oversupply of purified terephthalic acid (PTA), mainly from China, has prompted the company to off load Indian as well as Chinese PTA businesses, says a Nikkei Asian Review report

Saudi Arabia's Sabic and ExxonMobil plan petrochemical JV in US

The potential new complex, which will house a steam cracker and derivative units, would be located in Texas or Louisiana near natural gas feedstock

China Resources and Macquarie buys stake in Australia's GenesisCare

The consortium bought KKR & Co's 45 percent in GenesisCare, the enterprise value of which is estimated at A$1.7 billion ($1.3 billion)