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ONGC Petro-Additions Selects Ineos's Polyolefin Processes for Dahej Complex

February 9, 2010 | Natasha Alperowicz

Ineos Technologies has been selected to provide process technologies for a previously announced multi-billion dollar petrochemical complex planned by ONGC Petro-Additions (Opal) at the Dahej Special Economic Zone of Petroleum, Chemical, and Petrochemical...


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Start-up Brings Algae-to-Oil Pilot Plant On-line

OriginOil (Los Angeles), a start-up company developing a process for converting algae into oil, says it has commissioned its pilot facility at its Los Angeles headquarters. The company says it now has an end-to-end algae-to-oil production facility in...

M&A Expected to 'Improve Substantially' in 2010

The chemical M&A market is set to "improve substantially" this year, according to Peter Young, president of Young & Partners (Y&P; New York), a boutique investment bank. "We hit a trough in volume in the first quarter of 2009, and a...

Reach Registration: 'Panic is Starting to Set In'

A significant number of chemical companies are starting to panic as they could miss the December 1 deadline for registering their chemical substances under the Registration, Evaluation, and Authorisation of Chemicals (Reach) program, says Jo Lloyd...

Beyond Cap-and-Trade?

This is the first of a three-part web series on the implications of cap-and-trade's potential failure on the U.S. regulatory and economic environment. Part two, which will focus on the economy, will appear on Wednesday. As Washington scrambles to adjust to a...

EU Agrees to Pump Billions of Dollars into CCS and Renewables

A committee representing European Union (EU) member states has accepted a European Commission proposal to direct funds raised from the region’s emissions trading scheme (ETS) into projects for carbon capture and storage (CCS), and renewable fuels and...

Air Products Makes Unsolicited Offer to Acquire Airgas

The bid values Airgas at $7 billion, and would create the largest industrial gases company in North America....

U.S. Senate Takes Up Chemical Plant Security

U.S. Senator Susan Collins (R., ME) has introduced legislation to extend for five years current chemical plant security laws. Senators Mark Pryor (D., AR), George Voinovich (R., OH), and Mary Landrieu (D., LA) have co-sponsored the bill.   “We...

Ag Sales Boost FMC's Fourth Quarter

FMC reported fourth quarter net income of $62.1 million (85 cts/share), up 34% from the same period last year....

Mitsubishi Chemical Swings to Profit

Mitsubishi Chemical reported a net profit of ¥10.2 billion ($113 million), for the nine months ended December 31, 2009, compared with a net loss of ¥11.4 billion in the year-ago period. Sales for the period however decreased by 23%, to ¥1.79...

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