US speciality chemicals markets stable for start of 4Q16
The Speciality Chemicals Market Volume Index, a tool created by the American Chemistry Council (ACC), showed that US speciality chemicals market volumes were essentially flat in October.
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Honeywell has announced the launch of a new business, Honeywell Research Chemicals, that will include several brands and solvent and inorganic chemical products.
Axens has announced a takeover bid to acquire Heurtey Petrochem Group, increasing their offer of price per share.
SABIC has announced its new polypropylene pilot plant, scheduled for development next year, that will enable it to meet key industry needs.
Zachry Group has announced it has been awarded a BPEX contract with ExxonMobil for its new polyethylene plant in Beaumont.
Wood Group has been awarded a US$40 million automation services contract for the ExxonMobil polyethylene plant.
Total and Corbion have announced they will form a joint venture in bioplastics, producing polylactic polymers.
ExxonMobil has announced it will increase Beaumont polyethylene capacity by 65%, adding 650 000 tpy of high performance polyethylene.
The Oman Oil Company has signed an MoU with Kuwait Petroleum International for the latter to invest in the Duqm Refinery and Petrochemical Complex project.
GTC Technology has announced it has won an award from JG Summit Petrochemicals for its BTX extraction unit.
