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Issue 10/2021 - SABIC and Saudi Aramco supply chain reorganization
Time of Update: 2022-11-11
SABIC restructured its supply chain with Saudi AramcoRecently, SABIC and Saudi Aramco jointly announced plans to transfer the marketing and sales functions of some of Saudi Aramco's petrochemical and polymer products to SABIC, and the offtake and resale functions of some SABIC products to Saudi Aramco Trading Corporation (ATC).
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Issue 7, 2020 - Emerson enters into a strategic alliance agreement with SABIC
Time of Update: 2022-11-11
The strategic alliance supports Saudi Vision 2030, with a focus on localization, strategic partnerships and knowledge transfer, and leverages the strategic and operational capabilities of the organizations involved to achieve operational excellence.
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Phase 5, 2020 - Hyosung Chemical Vietnam PP plant to start operations
Time of Update: 2022-11-11
In addition, another propane dehydrogenation (PDH) plant under construction by Hyosung Chemical in Vietnam is scheduled to start operations in 2021, with annual operating profit expected to increase by 80% year-on-year.
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Issue 14/2021 - Arkema acquires a stake in battery manufacturing startup Verkor
Time of Update: 2022-11-11
Arkema contributed millions of euros to Verkor's latest €100 million financing round, which will help build the Verkor Innovation Center near Grenoble and then launch the first gigafactory dedicated to battery production, which is expected to begin in 2023.
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Issue 9, 2017 - LANXESS completes acquisition of Chemtura AG
Time of Update: 2022-11-11
In addition to additives, Chemtura's polyurethane and organometallic compounds businesses will be integrated into LANXESS's portfolio.
In addition to additives, Chemtura's polyurethane and organometallic compounds businesses will be integrated into LANXESS's portfolio.
In addition to additives, Chemtura's polyurethane and organometallic compounds businesses will be integrated into LANXESS's portfolio.
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Issue 18/2018 - LG Chem plans to invest in a new battery plant in Poland
Time of Update: 2022-11-11
LG Chem said it chose Poland as the most competitive production location to meet the needs of European and global automakers.
LG Chem said it chose Poland as the most competitive production location to meet the needs of European and global automakers.
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Issue 3 2017 - PPG announces fourth quarter and full year 2016 financial results
Time of Update: 2022-11-11
By increasing sales, managing costs, and deploying cash for profitable growth, the company still achieved business milestones in 2016.
By increasing sales, managing costs, and deploying cash for profitable growth, the company still achieved business milestones in 2016.
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Issue 24/2019 - BP and Bunge jointly form Biofuels
Time of Update: 2022-11-11
BP said the new company produces biofuels from sugar cane in Brazil and has 11 biofuel plants in five Brazilian states.
BP said the new company produces biofuels from sugar cane in Brazil and has 11 biofuel plants in five Brazilian states.
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Issue 19/2016 - SGL Group's Portuguese carbon fiber precursor line is officially launched
Time of Update: 2022-11-11
Since September, the precursor yarn from Portugal has been supplied to Lake Moses in Washington State and to the Muiraf Oude site in Scotland for the production of the Group's new generation of high-end industrial SIGRAFIL carbon fibers.
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Issue 10, 2017 - Axalta opens its new India headquarters
Time of Update: 2022-11-11
"We are excited about this important investment to support business growth in India," said Robert Bryant, executive vice president and chief financial officer of Axalta Coating Systems, at the opening of the headquarters.
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Issue 24/2019 - DSM announces the appointment of its new Global CEO
Time of Update: 2022-11-11
Jielan Ma joined DSM in 2014 as Chief Financial Officer and member of the Board of Directors.
Jielan Ma joined DSM in 2014 as Chief Financial Officer and member of the Board of Directors.
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Phase 2 2017 - Total acquires 21.57% stake in Tolo Oil Uganda project
Time of Update: 2022-11-11
57% stake in the Toulo Oil Uganda project, according to which Total will spend $900 million to acquire another 21.
57% stake in the Toulo Oil Uganda project, according to which Total will spend $900 million to acquire another 21.
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Issue 2/2019 - Global Chemicals Quick Review
Time of Update: 2022-11-11
"The global bioplastics market is expected to grow by around 25% over the next five years, driven by increasing consumer and brand demand for sustainable products, stronger policy support for the bioeconomy from governments, and the bioplastics industry's ongoing efforts to develop innovative materials with better performance and new capabilities," the European Bioplastics Association said.
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Issue 6/2019 - Global Chemicals Quick Facts
Time of Update: 2022-11-11
Bongani Nqwababa, co-president and CEO of the company, said in an interview with Axis Syns: "We are not going to expand aggressively in basic chemicals or invest in new refining capacity because global production is close to peak and then there will be a decline.
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Issue 10/2019 - Siemens to divest its oil and gas business
Time of Update: 2022-11-11
” Siemens to spin off oil and gas business Siemens said today that it will divest and give up a majority stake in its energy division and merge it with separately listed wind turbine supplier Siemens Gamesa Renewable Energy (SGRE) to create a new multi-technology global energy giant.
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Issue 6/2020 - Borealis produces PP from renewable raw materials
Time of Update: 2022-11-11
Borealis has started producing polypropylene (PP) from renewable raw materials at its production plants in Carlo and Bellingen, Belgium.
This is the first time that Borealis has replaced fossil fuels with renewable feedstocks in a large-scale commercial PP production process.
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Issue 24/2019 - Global Chemicals Quick Facts
Time of Update: 2022-11-11
”The chemical industry in the Gulf Cooperation Council (GCC) region will continue to attract new investment.
”Due to the deteriorating business environment, the German Chemical Industry Association (VCI) has repeatedly lowered its production forecast for the country's pharmaceutical and chemical industry this year.
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Issue 15, 2016 - PPG sells its glass business to Vitro Mexico
Time of Update: 2022-11-11
"With the completion of this transaction and the company's recent announcement of a sale of its European fiberglass business, PPG Industries is gradually divesting its traditional glass production business and will focus 98% of its business on paints, coatings and specialty materials production.
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Issue 13, 2019 - Evonik's integrated methionine plant in Singapore goes into operation
Time of Update: 2022-11-11
Evonik's integrated methionine plant in Singapore was commissioned on June 18, and after two years of construction, Evonik's second integrated plant for DL-methionine and other precursor products in Singapore is officially commissioned as planned, with an investment of more than 500 million euros and a capacity of 150,000 metric tons.
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Issue 16/2018 - Eastman lowers ethylene production at U.S. bases
Time of Update: 2022-11-11
Eastman recently said that the company is taking measures to reduce ethylene production at its Longview, Texas, Texas production site, and the effect of the reduction is expected to gradually appear in 2018-2019.
