Wednesday, April, 24, 2019 06:28:51

Category: Chemicals

APICORP announces $100 million investment in Oman’s Duqm Refinery

The investment will focus on enhancing Oman’s export and regional development. The Arab Petroleum Investments Corporation (APICORP), a multifaceted development bank, has recently announced a $100 million investment to finance the construction of Oman’s Duqm Refinery. Sources close to the matter state that APICORP will …

Saudi Aramco’s Motiva to invest $6.6 billion in Port Arthur expansion

The investment will increase the refinery’s output yield and generate around 4,300 construction jobs Motiva Enterprises LLC, a subsidiary of Saudi Arabia’s state-owned oil company Saudi Aramco, has recently announced plans to invest around $6.6 billion in its Port Arthur refinery, to enhance its petrochemical …

Clariant forms joint venture with Saudi Kayan to evaluate alkoxylates

Clariant and Saudi Kayan have agreed to consider the prospect of forming a joint venture with an objective to establish a manufacturing facility for alkoxylates. The new facility will combine Clariant’s alkoxylates production technology with raw materials of Saudi Kayan. The Swiss specialty chemicals company …

RPM buys Siamons International, expands specialty cleaners portfolio

RPM International Inc. has recently announced that the company’s Rust-Oleum group has acquired the provider of Concrobium mold and mildew control products, Siamons International Inc., reports have confirmed. Apparently, financial terms regarding this transaction, which is anticipated to be accretive to earnings within one year, …

Clariant AG & Eastman sign collaboration agreement on agrochemicals

 The exclusive collaboration agreement would be for the distribution of Eastman Chemical’s solvent named Tamisolve NxG.  The solvent is a highly effective, has low toxicity, and an innovative product developed for the agrochemical industry. Clariant AG (Clariant), a renowned Switzerland-based specialty chemical company, has reportedly …

Exxon’s lubricant network gets Zero Waste to Landfill sanction

ExxonMobil has reportedly announced that its network of lubricant blending & packaging plants, has obtained the zero waste to landfill silver level validation from UL. This validation apparently, has made ExxonMobil the first company of petroleum products to receive UL’s validation. For the record, the …