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20 May, 2022

Eight injured in S. Korea S-Oil Ulsan refinery

MOSCOW (MRC) -- South Korea's third largest refiner, S-Oil Corp, has suspended production of several processing units after a blast at its Onsan refinery, it said on Friday, a step that could tighten ...

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20 May, 2022

Sumitomo Chemical to exit the dyestuff business

MOSCOW (MRC) -- Sumitomo Chemical announced its decision to close down its production facilities for dyestuff at its Osaka Works (Konohana-ku, Osaka, Japan) and exit the dyestuff business by the end o...

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20 May, 2022

Lotte Chemical to invest USD7.8 bil in hydrogen and batteries

MOSCOW (MRC) -- Lotte Chemical Corp will invest 10 trillion won (USD7.8 billion) to expand its hydrogen and battery materials businesses through 2030 in a bid to accelerate its decarbonization goals, ...

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20 May, 2022

Milliken will begin production at its new clarifier plant in autumn

MOSCOW (MRC) -- Milliken & Company will begin production at its new clarifier plant soon in Blacksburg, S.C. This significant additional capacity will address strong worldwide demand for clarified pla...

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20 May, 2022

Sika bought US manufacturer of liquid waterproofing products

MOSCOW (MRC) -- Sika has bought a US manufacturer of liquid waterproofing products, said the company.United Gilsonite Laboratories (UGL) manufactures products for consumer and DIY waterproofing applic...

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20 May, 2022

Clariant forecasts above-market 2022 growth with H2 slowdown

MOSCOW (MRC) -- Clariant expects strong growth in local currency in 2022, particularly in the first half, the Swiss speciality chemicals group said as it released 2021 results delayed by whistleblower...

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20 May, 2022

U.S. House passes bill to fight oil and gas price gouging

MOSCOW (MRC) -- The U.S. House passed a bill on Thursday that allows the U.S. president to issue an energy emergency declaration, making it unlawful for companies to excessively increase gasoline and ...

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20 May, 2022

Slovak refiner Slovnaft to start two-month outages

MOSCOW (MRC) -- Slovak refinery Slovnaft, part of Hungarian oil and gas group MOL, will launch a planned outage for maintenance and upgrades on Friday, with a record number of 21 production units in t...

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20 May, 2022

Sadara earnings decreased by 97%

MOSCOW (MRC) -- Sadara Chemical Co., the parent company of Sadara Basic Services Co., reported a 97% slump in Q1 2022 net profit after Zakat and tax to SAR 45.9 million, compared to SAR 1.617 billion ...

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19 May, 2022

Braskem to partner with Danish Plastix to market recycled plastics waste from fishing nets

MOSCOW (MRC) -- Braskem (Sao Paulo, Brazil) said it is supporting the efforts by Danish company Plastix (Lemvig) to market recycled plastics fibre waste of old fishing nets and other marine debris col...

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19 May, 2022

Braskem signed agreement with Lummus on green ethylene

MOSCOW (MRC) -- Brazil’s Braskem (Sao Paulo), the largest polyolefins producer in the Americas, has signed an agreement with US engineering contractor Lummus Technology (Houston, Texas) to support the...

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19 May, 2022

Innovia Films opened line in Poland

MOSCOW (MRC) -- Speciality films producer Innovia Films (Wigton, UK) has opened a 6.2 mn, multi-layer coextrusion line at its manufacturing site in Plock, Poland, to produce sustainable, low-density p...

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19 May, 2022

Sika opened a new plant in Bolivia

MOSCOW (MRC) -- Sika AG (Baar, Switzerland) has opened a new plant in Santa Cruz de la Sierra, thus doubling its production capacity for mortar and concrete admixtures in Bolivia, said he company.With...

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19 May, 2022

Strategic partnership between Worley and Avantium progresses

MOSCOW (MRC) -- Worley has announced that its strategic partnership with Avantium Renewable Polymers is now progressing to the next phase. Worley previously announced the partnership on 29 January 202...

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19 May, 2022

Axens, Toray Films Europe to develop new PET chemical recycling plant in France

MOSCOW (MRC) -- Axens and Toray Films Europe have plans to establish a new Pet chemical recycling facility in Saint-Maurice-de-Beynost, France, said the company.The new units will make use of Axens’ R...

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19 May, 2022

TotalEnergies and New Hope Energy partner on U.S. advanced recycling project

MOSCOW (MRC) -- New Hope Energy has announced plans to build a chemical recycling facility in Texas, in conjunction with a partial offtake agreement with TotalEnergies, said the company.Similar to New...

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19 May, 2022

Chemical rail volume up 4.3% last week

MOSCOW (MRC) -- For this week, total U.S. weekly rail traffic was 505,120 carloads and intermodal units, down 5.4 percent compared with the same week last year, according to data from the Association ...

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19 May, 2022

Chevron launches carbon capture and storage project in San Joaquin Valley

MOSCOW (MRC) -- Chevron New Energies division announced it is launching a carbon capture and storage (CCS) project aimed at reducing the carbon intensity of its operations in San Joaquin Valley, Calif...

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19 May, 2022

REG stockholders approve acquisition by Chevron

MOSCOW (MRC) -- Renewable Energy Group Inc., a leading biobased diesel producer in North America, announced May 17 that its stockholders voted to adopt the previously announced definitive agreement in...

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