Chemical Engineering April 2023 - 10

Business News
LINEUP
AMYRIS
ARAMCO
ARCHROMA
BASF
BP
CELANESE
COVESTRO
EVONIK
GIVAUDAN
HUNTSMAN
MITSUI
MOMENTIVE
SASOL
SIBUR
SOLENIS
SOLVAY
TOPSOE
VALVOLINE
VENCOREX
Plant Watch
Evonik to expand methionine production
capacity in Singapore
March 9, 2023 - Evonik Industries AG (Essen,
Germany; www.evonik.com) is expanding its
capacity to produce DL-methionine on Jurong
Island, Singapore, by 40,000 metric tons per year
(m.t./yr). Following the expansion, production
capacity will increase to approximately 340,000
m.t./yr. The project is expected to reach target
capacity by the third quarter of 2024.
BASF begins production of
bio-based polyol in India
March 9, 2023 - BASF SE (Ludwigshafen,
Germany; www.basf.com) has begun production
of its first bio-based polyol product in Mangalore,
India. This product serves applications in
vehicles, windmills, flooring and protective
industrial coatings.
Covestro announces new polycarbonate
capacity expansion in Thailand
March 9, 2023 - Covestro AG (Leverkusen,
Germany; www.covestro.com) plans to further
increase its global production capacity for
polycarbonate (PC) specialty films. The company
has started building new extrusion lines at the
Map Ta Phut Industrial Park in Thailand. The
films are used primarily in identity documents,
automotive displays and electrical and electronic
applications. Completion of the expansion is
scheduled for 2025.
Evonik opens new lipids
manufacturing line in Germany
March 9, 2023 - Evonik is opening a new
facility to manufacture lipids for advanced
pharmaceutical drug-delivery applications.
The lipid facility is located at the company's site
in Hanau, Germany and provides customers
with quantities of lipids as needed for clinical
and small-scale commercial manufacturing.
Momentive to build new specialty
silicones site in Thailand
March 7, 2023 -Momentive Performance
Materials Inc. (Niskayuna, N.Y.; www.momentive.
com) announced a growth investment to
build a new manufacturing facility in Rayong,
Thailand. This new site will expand Momentive's
manufacturing capacity to serve the growing
Southeast Asian market demand for specialty
silicones. The facility will be Momentive's second
manufacturing site in Rayong.
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10
BASF announces new plants to support
aroma-ingredients portfolio
March 7, 2023 -BASF announced investment
to build a new citral plant as part of its Verbund
site in Zhanjiang, China. With this investment,
BASF's production capacity for citral will increase
to 118,000 m.t./yr. The company is also building
menthol and linalool downstream plants at
its Verbund site in Ludwigshafen, Germany.
These plants are expected to come onstream
starting in 2026.
Bp launches plans for low-carbon
hydrogen cluster in Spain
March 1, 2023 - Bp plc (London; www.bp.com)
announced plans for its green hydrogen cluster,
in Spain's Valencia region (HyVal), located at
bp's Castellón refinery. Led by bp, this publicprivate
collaborative initiative is intended to
be based around the phased development of
up to 2 GW of electrolysis capacity by 2030
for producing green hydrogen at bp's refinery.
The site's production of biofuels is expected
to increase to 650,000 m.t./yr by 2030.
Covestro to build its
largest TPU site in China
February 23, 2023 - Covestro plans to build
its largest thermoplastic polyurethanes (TPUs)
site in Zhuhai, China. When completed, the
new site will span 45,000 m2 and is expected
to achieve a TPU production capacity of nearly
120,000 m.t./yr. The mechanical completion
of the first phase is estimated for the end of
2025, which will enable initial TPU production
capacity of 30,000 m.t./yr.
Vencorex announces new facility in Texas
for specialty aliphatic isocyanates
February 22, 2023 - Vencorex (Saint-Priest,
France; www.vencorex.com), a fully-owned
subsidiary of PTT Global Chemical, is investing
in its Freeport site in Texas to meet the rising
demand for specialty aliphatic isocyanates used
in the production of low-VOC polyurethane
coatings and adhesives. The new facility is
expected to become operational in the second
half of 2023.
Celanese completes EVA
expansion in Canada
February 21, 2023 - Celanese Corp. (Dallas,
Tex.; www.celanese.com) announced the
completion of a project to repurpose existing
manufacturing and infrastructure assets to
unlock additional ethylene vinyl acetate (EVA)
capacity at its Edmonton, Alberta facility.
The expansion provides approximately 35%
incremental EVA capacity.
Mergers & Acquisitions
Solenis to acquire
Diversey for $4.6 billion
March 8, 2023 - Solenis (Wilmington, Del.;
www.solenis.com) and Diversey Holdings,
Ltd. have entered into a definitive merger
agreement under which Solenis will acquire
Diversey in an all-cash transaction valued at
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APRIL 2023
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Chemical Engineering April 2023

Table of Contents for the Digital Edition of Chemical Engineering April 2023
