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January 11, 2013
Evonik will develop its C4 products chain with the expansion of its butene-1 capacity at the Marl Chemical Park (Marl, Germany), and by expanding its butadiene capacity at Antwerp...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Evonik-to-expand-C4-chain-capacity-in-Germany-and-Belgium_48915.html
January 3, 2013
C4 Breakthrough: Global Bioenergies' discovery triggers milestone payment from rubber maker Synthos. Biochemical company Global Bioenergies (Évry, France) says it has discovered...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/French-biotech-firm-finds-renewable-route-to-butadiene-enters-development-phase_48526.html
December 4, 2012
TPC Group is issuing $655 million in senior secured bonds in a private placement, in connection with its $850-million buyout by private equity firms First Reserve (Houston) and SK...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/TPC-Group-issuing-$655-million-in-bonds_48144.html
December 3, 2012
Innospec and private equity firm Blackstone Capital Partners (New York) have dropped their $47.50/shre bid for TPC Group, Innospec says. The move clears the way for TPC to go ahead...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Innospec-drops-TPC-Group-bid_48091.html
November 15, 2012
Shell says it has taken a final investment decision to debottleneck its steam cracker at Bukom Island, Singapore. This is expected to increase the capacity of olefins and aromatics by...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Shell-to-increase-capacity-at-petrochemical-complex-in-Singapore_47712.html
November 15, 2012
Innospec and private equity firm Blackstone Capital Partners (New York) have submitted a revised bid for TPC Group, which values the company at $47.50/share, about 5.6% higher than...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Innospec-raises-TPC-bid-to-$47-50share-update_47724.html
November 8, 2012
TPC Group and private equity firms First Reserve (Houston) and SK Capital (New York) have revised the deal under which the firms will acquire TPC in a management buyout. The deal now...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/TPC-Group-agrees-to-revised-deal-with-First-Reserve-SK-Capital_47537.html
November 1, 2012
TPC Group’s third-quarter net income fell 22% year-on-year (YOY), to $7.3 million, on revenues down 39%, to $511 million. The declines were due to a 28% drop in selling prices...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/TPC-Group-earnings-decline-fall-short-of-estimates-as-butadiene-prices-drop_47411.html
October 9, 2012
Innsopec and private equity firm Blackstone Capital Partners (New York) have submitted a $44-46/share bid for TPC Group, according to the company. The bid is higher than the $40/share...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Blackstone-and-Innospec-submit-rival-bid-for-TPC-Group-update_46800.html
September 26, 2012
Oil and gas company MOL (Budapest) says it will invest Ft30 billion ($138 million) to build a previously announced butadiene plant at the Tiszaújváros, Hungary, site of...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Hungarys-MOL-Plans-Butadiene-Unit_46533.html
September 10, 2012
TPC Group, which agreed to be acquired by private equity firms First Reserve (Houston) and SK Capital Partners (New York) last week in a $40/share deal, also considered forming a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/TPC-Group-Considered-Forming-MLP-Before-Acquisition-Announcement-Nine-Other-Bidders-Involved_46138.html
August 14, 2012
Invista says it has signed a joint development agreement with Chicago-based LanzaTech for the production of butadiene using LanzaTech’s gas fermentation technology...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Invista-and-LanzaTech-to-Produce-Butadiene-from-Waste-Carbon-Monoxide_45566.html
August 14, 2012
CB&I (The Woodlands, TX) has been awarded a contract by BASF for the engineering, procurement, and construction management at BASF’s new butadiene extraction plant at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/CB-and-I-Awarded-Construction-Contract-from-BASF_45605.html
August 7, 2012
Honeywell says its UOP technology has been selected to boost yields at Energy Bio Chemicals’ (Bucharest) synthetic rubber production facility at Bacau, Romania. The technology...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Honeywells-UOP-Technology-Selected-for-Rubber-Expansion-in-Romania_45468.html
August 2, 2012
Versalis (Milan), Eni’s (Rome) chemicals subsidiary, has signed a memorandum of understanding (MoU) with Genomatica (San Diego) and Novamont (Novara, Italy), a leading player in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Versalis-Genomatica-Novamont-Sign-MoU-for-Biobased-Butadiene-Production_45138.html
July 6, 2012
BASF has announced plans to build a butadiene extraction unit at the company’s Antwerp site. The plant will have a production capacity of 155,000 m.t./year and it is scheduled to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/BASF-to-Build-Butadiene-Plant-at-Antwerp-To-Help-Ease-Global-Shortage_44701.html
July 4, 2012
BASF announced today that it plans to build a butadiene extraction plant at its Antwerp site. The plant will have a production capacity of 155,000 m.t./year and is scheduled to start...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/BASF-to-Build-Butadiene-Plant-at-Antwerp-to-Help-Ease-Global-Shortage_44642.html
June 20, 2012
Braskem has started-up its 100,000-m.t./year butadiene expansion at its Triunfo petrochemical complex in Brazil. The company announced last year that it would spend about R300 million...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Braskem-Starts-Up-Butadiene-Expansion-at-Triunfo_44328.html
May 25, 2012
Rosneft (Moscow), Russia’s oil and gas major with petrochemical ambitions, has appointed Igor Sechin as the new president of the company. The appointment was endorsed by...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/New-Company-President-Plans-to-Revitalize-Rosneft_43717.html
April 30, 2012
  Nizhnekamskneftekhim (Nizhnekamsk, Russia), one of the largest petchems producers in Russia, has selected the Lummus ethylene and Linde alpha olefins processes for a major...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Nizhnekamsk-Signs-Contracts-with-Lummus-and-Linde-for-Petchems-Projects-in-Russia_43107.html
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