Category: Chemicals
The new merged business will hereby operate under ProChem Energy Services. The combined customer base would take advantage of the enlarged team of field personnel, bigger geographic reach, and enhanced capabilities. ProChem Energy Services has reportedly made it to the headlines for its agreement with …
Abu Dhabi National Oil Company (Adnoc) has recently announced that one of China ZhenHua Oil’s subsidiary companies has acquired 4 percent stake of the state-owned oil company’s onshore oil concession. Apparently, the stake in question was earlier held by CEFC China Energy Company. Adnoc said …
Reports indicate that Rotterdam based multinational chemical company LyondellBasell Industries N.V. and a United Steelworkers (USW) local union have initiated talks over a new contract for 485 workers at the Houston oil refinery of LyondellBasell. This report came a day after the employees rallied outside …
Reports confirm that online retail giant Amazon is enforcing a ban on the listing and sale of paint stripper products which contain the solvents n-methylpyrrolidone (NMP) and methylene chloride. The company has confirmed that this policy would commence from March 2019 and will be applied …
Korean petrochemical conglomerate, Hanwha Total Petrochemical Co., Ltd., is reportedly investing around $500 million to expand its Daesan refining & petrochemical integrated facility in South Korea. As per trusted sources, the planned investment is anticipated to increase the firm’s polypropylene capacity by nearly 60% to …
Danish catalysis firm Haldor Topsoe has reportedly inaugurated a new office in Jakarta, Indonesia, to provide highly specialized services and technological solutions and strengthen its presence in the nation. As per trusted sources, the demand for DME grassroots plants, methanol, and ammonia is anticipated to …
Poland-based chemical company Grupa Azoty S.A. has reportedly completed the acquisition of Compo Expert Group, a German specialty fertilizers producer, for €9 million lower than the maximum possible price. However, Raiffeisen Centrobank (RCB) allegdly stated that the non-transparency regarding the acquired debt in the agreement …
German chemicals company BASF SE has reportedly halted toluene di-isocyanate (TDI) production at its headquarters in Ludwigshafen, Germany as the depleting water levels of the river Rhine have made it difficult for the company to get raw materials delivered to the facility. Reports cite, the …
