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Kraton Corporation | March 16, 2022
Kraton Corporation announced it had closed the deal with DL Chemical Co., Ltd. DL Chemical acquired Kraton in an all-cash transaction valued at nearly $2.5 billion.
DL Chemical is a prominent petrochemical company having over 46 years of operational experience and a unique technological base in Korea. The company was the first to export polybutene technology to the United States. DL Chemical is the world's largest polybutene producer with a production capacity of 200 KTA year....
Braskem | November 13, 2020
Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today announces its latest sustainability ambitions to significantly expand its efforts to eliminate plastic waste in the environment by 2030 and to achieve carbon neutrality by 2050. In 2009, Braskem launched the company's long-term sustainability goals for 2020, which emphasized Braskem's commitment to providing solutions that address climate change. Braskem has invested in the d...
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 ...
Honeywell | January 14, 2021
Hengli Petrochemical Co. Ltd has effectively utilized Callidus burner innovation from Honeywell UOP to limit nitrogen oxide (NOX) and carbon monoxide (CO) discharges in China, and decrease the effect of these outflows while guaranteeing protected and stable tasks.
Hengli chose Callidus progressed flares and low-NOX burner innovation in 2017 to follow ecological guidelines and improve energy productivity and operational wellbeing at its treatment facility and petrochemicals complex...
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