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National Observer | February 02, 2020
U.S. chemical producer Dow Inc. has approved an expansion of its Alberta petrochemical facilities expected to cost between US$200 million and US$225 million. While releasing its fourth-quarter results this week, CEO Jim Fitterling announced the Michigan-based company will increase capacity at its Fort Saskatchewan ethylene plant just north of Edmonton by about 130,000 tonnes per year by adding a process furnace. He says Dow will equally share costs of the expansion and the ethylene output with a...
Icis | April 27, 2020
US-listed shares of chemical companies rose sharply on Monday, breaking from the drop in oil prices. The European Petrochemical Association (EPCA) 54th annual meeting in October has been cancelled to avoid “undue risk” of coronavirus spread, but the trade group is mulling a virtual format. There has been a pull on purified terephthalic acid (PTA) from downstream polyethylene terephthalate (PET) applications that are considered essential amid the pandemic, but the tide may be t...
Chemical Management
Afton Chemical | July 21, 2022
Afton Chemical Corporation, a global leader in petroleum additives, announced the recent completion of a $70 MM USD investment in its Sauget, IL Plant’s Automatic Transmission Fluid additive production facility. The investment will help support the growing needs of oil marketers and Original Equipment Manufacturers for next-generation developments in electric vehicle fluids, including hybrid and battery electric vehicles. The improvements will also provide additional capabil...
Origin Materials | June 17, 2022
Origin Materials, Inc. the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, and Kuraray Co., Ltd a leading manufacturer of specialty chemicals, fibers, and other materials, today announced a strategic partnership to commercialize advanced carbon negative materials for diverse polymer applications. As part of the strategic partnership, Kuraray signed a capacity reservation agreement with Origin M...
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