Chemical Engineering April 2022 - 12

Business News
LINEUP
ADNOC
AIR PRODUCTS
ARKEMA
BASF
BOROUGE
CELANESE
CHEVRON
COVESTRO
DUPONT
EVONIK
HEXPOL
LENZING
MARATHON
NESTE
OQ CHEMICALS
ORION ENGINEERED
CARBONS
PROMAN
REPSOL
SASOL
SIKA
TEIJIN
Evonik expands supply of
plant-derived cholesterol
March 4, 2022 - Evonik Industries AG (Essen,
Germany; www.evonik.com) has boosted its
production of plant-derived cholesterol at its site
in Hanau, Germany. Plant-based cholesterol
is a critical component for the manufacture
of vaccines and gene therapies.
Adnoc and Proman to develop worldscale
methanol production plant
March 4, 2022 - Abu Dhabi National Oil Co.
(Adnoc; www.adnoc.ae) and Proman AG
(Wollerau, Switzerland; www.proman.com)
plan to develop the United Arab Emirates'
first world-scale methanol production facility
in Ruwais, Abu Dhabi. The new facility will
have a production capacity of up to 1.8 million
m.t./yr of methanol derived from natural gas.
Lenzing starts production at the
world's largest lyocell fibers plant
March 3, 2022 - The Lenzing Group (Lenzing,
Austria; www.lenzing.com) started production
at its expansion project for lyocell wood-based
fibers in Thailand. The new plant, the largest of
its kind with a nameplate capacity of 100,000
m.t./yr, represents an investment of around
€400 million.
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Covestro starts up two new
polycarbonate compounding lines in India
March 3, 2022 - Covestro AG (Leverkusen,
Germany; www.covestro.com) started up two
polycarbonate-compounding production lines
at its Greater Noida plant near New Delhi,
India. The new plants are intended to meet
growing demand for compounded plastics
in the automotive and electrical industries.
Plant Watch
Repsol begins construction of
Cartagena biofuels plant
March 8, 2022 - Repsol S.A. (Madrid, Spain;
www.repsol.com) began construction work
on the first advanced biofuels plant in Spain at
the company's Cartagena refinery, which will
produce fuels using waste from agriculture,
food processing and other sources. The project
includes infrastructure for the storage of around
300,000 metric tons (m.t.) of waste material.
Air Products and Sargas to build air
separation unit in Oman
March 8, 2022 - Air Products (Lehigh Valley,
Pa.; www.airproducts.com), together with
Saudi Arabian Refrigerant Gases Company
(Sargas), will build a new air separation unit
at the Jindal Shadeed Iron & Steel facility in
Sohar, Oman. The new unit will supply a total
of over 400 m.t./d of oxygen and nitrogen to
the facility.
Orion Engineered Carbons opened a new
carbon-black production line in Italy
March 2, 2022 - Orion Engineered Carbons
S.A. (Luxembourg; www.orioncarbons.com)
began commercial production from a new
reactor for carbon black at Ravenna in Northern
Italy. The new production line, which has a
production capacity of 25,000 m.t./yr, produces
both specialty and technical rubber carbon
blacks, primarily for the European market.
BASF building new
alkylethanolamines plant in Antwerp
March 2, 2022 - BASF SE (Ludwigshafen,
Germany; www.basf.com) is building a worldscale
production plant for alkylethanolamines
at its Verbund site in Antwerp, Belgium. After
the planned startup in 2024, the company
will increase the global production capacity
of its alkylethanolamines portfolio, including
dimethylethanolamines (DMEOA) and
methyldiethanolamines (MDEOA), by nearly
30% to more than 140,000 m.t./yr.
OQ Chemicals completes capacity
expansion for tricyclodecane dimethanol
February 25, 2022 - OQ Chemicals GmbH
(Monheim am Rhein, Germany; www.chemicals.
oq.com) completed a capacity expansion for
tricyclodecane dimethanol (TCD Alcohol DM)
at its Oberhausen, Germany, site. TCD Alcohol
DM is used in exterior coatings, adhesives,
optical materials and more.
Borouge starts up fifth
polypropylene unit at Ruwais complex
February 24, 2022 - Borouge, a joint venture
(JV) between ADNOC and Borealis AG (Vienna,
Austria; www.borealisgroup.com), started up
its fifth polypropylene (PP) unit in Ruwais,
Abu Dhabi. The new PP unit will be able to
produce 480,000 m.t./yr, increasing Borouge's
PP production capacity by more than 25%.
Mergers & Acquisitions
Hexpol acquires 70% stake in German
polymer-compounding firm
March 9, 2022 - Hexpol AB (Malmö,
Sweden; www.hexpol.com) has signed an
agreement to acquire 70% of the shares in
Almaak International GmbH, a specialist in
recycled engineered polymer compounds
based in Krefeld, Germany. The acquisition
price amounts to approximately €70 million.
Sika acquires Canadian manufacturer of
cementitious products and mortars
March 3, 2022 - Sika AG (Baar, Switzerland;
www.sika.com) has acquired Sable Marco
Inc., a manufacturer of cementitious products,
mortars and polymeric sands headquartered
in Pont Rouge, Canada. The acquisition will
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Chemical Engineering April 2022

Table of Contents for the Digital Edition of Chemical Engineering April 2022