Parker Hannifin

Hydrocarbon Engineering | March 06, 2020

China is a large market with growing demand for high quality polyolefin products, said Bob Patel, CEO of LyondellBasell. “The combination of LyondellBasell's leading technology and Bora's operational excellence will allow us to reliably produce and provide these needed products to local customers.” Under the agreements, the partners will form a Sino-foreign joint venture, the Bora LyondellBasell Petrochemical Co. Ltd, that will operate a 1.1 million tpy ethylene cracker and a...

CHEMICAL MANAGEMENT

PPG Industries | February 22, 2021

PPG (NYSE:PPG) today announced that it has completed its acquisition of VersaFlex from DalFort Capital Partners. VersaFlex specializes in polyurea, epoxy and polyurethane coatings for water and wastewater infrastructure, flooring, transportation infrastructure, and industrial applications. Financial terms were not disclosed. VersaFlex is an aggregation of four U.S.-based protective coatings companies, consisting of legacy VersaFlex, Raven Lining Systems, Milamar Coatings and Speci...

The Edge Markets | February 05, 2020

ChemOne Group, a Singapore-based oil and gas, petrochemicals and natural resources conglomerate, today launched a US$3.38 billion aromatics plant in Johor, with construction to start in the second half of 2020. Dubbed the Pengerang Energy Complex (PEC), the project aims to become a world class petrochemical hub that will add value to the downstream oil and gas value chain in Malaysia, ChemOne said in a statement today. The complex, which is scheduled for development across four years, will have ...

CHEMICAL MANAGEMENT

Technip Energies, Technip Energies | June 04, 2021

PARISandOSLO, Norway,Technip Energies announced today the initiation of an agreement with Agilyx Corporation ("Agilyx"), a wholly owned subsidiary of Agilyx AS (Euronext Growth (Oslo): ("AGLX"), and pioneer in the advanced recycling of post-use plastics. This collaboration aims to accelerate the implementation of Agilyx's technology for the advanced recycling of post-use polystyrene. Under this agreement, Technip Energies will market and license the inte...