Wanhua Chemical Group

chemicals-technology | November 12, 2018

The Abu Dhabi National Oil Company (ADNOC) has signed a new long-term liquefied petroleum gas (LPG) sales agreement with China’s Wanhua Chemical Group. Under the ten-year contract, Wanhua has agreed to purchase up to one million metric tonnes of LPG per year. Wanhua uses LPG as the main feedstock for its petrochemical units and demand for this product is projected to increase by up to six million tons per annum by 2021. The new partnership is expected to strengthen the partnership between ...

chemengonline.com | July 28, 2017

The Linde Group (Munich, Germany; www.the-linde-group.com) announced that it has signed an agreement with Wanhua Chemical Group, the world’s largest producer of isocyanate (MDI), to expand the supply of gas to Phase II of Wanhua Chemical’s Yantai operations. Under the new agreement, Linde will invest EUR108 million (835 million RMB) to build two additional energy-efficient steam-driven ASUs....

Nasdaq | January 15, 2020

Atotech, a Carlyle-backed specialty chemicals company carved out of Total, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.However, the deal size is likely a placeholder for an IPO that we estimate could raise $1 billion. The Berlin, Germany-based company was founded in 1993 and booked $1.2 billion in revenue for the 12 months ended September 30, 2019. It plans to list on the NYSE under the symbol ATC. Atotech filed confidentially on June 7, 2019. ...

PR Newswire | January 14, 2020

The new LDPE unit had not yet achieved beneficial operation (BO) as planned for in December 2019. The unit was in the final stages of commissioning and startup when the incident occurred. The unit has been shut down and an investigation is underway to determine the cause of the incident, the extent of the damage and resulting impact on the LDPE unit's BO schedule. All other Lake Charles units and previously commissioned LCCP units, namely the ethane cracker, ethylene glycol/ethylene oxide an...