Chemical Engineering September 2020 - 13

continue to manufacture consumer-line
products through 2021. The move away
from consumer sealants will enable
greater focus on unique silicones and
specialty applications.
Air Liquide to acquire
16 ASUs from Sasol
July 29, 2020 - Air Liquide will acquire
the biggest oxygen-production site in the
world from Sasol Ltd. (Johannesburg,
South Africa). Located in Secunda, South
Africa, the site comprises 16 ASUs with
an installed capacity of 42,000 m.t./d.
The amount of the initial investment is
approximately €440 million.
Total sells Lindsey refinery to
the Prax Group
July 27, 2020 - Total SE (Paris,
France; www.total.com) agreed to sell
its Lindsey petroleum refinery, located
in Immingham, U.K., and associated
logistic assets, as well as all of the
related rights and obligations, to the
Prax Group. The Lindsey refinery has
production capacity of 5.4 million m.t./yr.
Ashland to sell its
maleic anhydride business
July 27, 2020 - Ashland Global Holdings
Inc. (wilmington, Del.; www.ashland.
com) announced a definitive agreement
to sell the company's maleic anhydride
business and manufacturing facility
in Neal, w. Va. to AOC Materials LLC
for $100 million. The transaction with
AOC is expected to close prior to the
end of 2020.
Baker Hughes sells specialty
polymers business to SK Capital
July 27, 2020 - Baker Hughes
(Houston; www.bakerhughes.com)
agreed to sell its specialty polymers
business to SK Capital Partners, LP.
The specialty polymers business, with
manufacturing operations in Barnsdall,
Oklahoma, produces low-molecularweight
olefin polymers, including a range
of differentiated functional polymers
and premium, high-melting-point
polyethylene waxes.
Total and IOCL form JV focused on
bitumen derivatives
July 27, 2020 - Indian Oil Corp. Ltd.
(IOCL; New Delhi, India) and Total
announced the formation of a 50:50
joint venture (JV) that will manufacture
and market bitumen derivatives and
specialty products in India. The JV will
set up manufacturing sites across India.
Stepan acquires Clariant's anionic
surfactant assets in Mexico
July 20, 2020 - Stepan Co. (Northfield,
Ill.; www.stepan.com) has entered into
an agreement to acquire Clariant AG's
(Muttenz, Switzerland; wwww.clariant.
com) anionic surfactant business
and associated sulfation equipment
located in Santa Clara, Mexico. The
transaction is expected to close in
the third quarter of 2020.
Celanese sells $1.5-billion stake in
Polyplastics JV to Daicel
July 20, 2020 - Celanese Corp. (Dallas,
Tex.) reached a definitive agreement
to sell its 45% equity investment in the
Polyplastics joint venture (JV) to Daicel
Corp. (Osaka, Japan; www.dailcel.
com) for $1.575 billion. Following the
completion of the transaction, Daicel
will own 100% of Polyplastics. ■
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13
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Chemical Engineering September 2020

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