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Clariant to supply chemicals and services to Statoil

1:55 PM MDT | July 7, 2015 | Natasha Alperowicz

Clariant says it signed a framework contract with Statoil (Stavanger, Norway) on 3 June to supply production chemicals and services for the Johan Sverdrup oil field. The contract, with a start date of 1 July, has a duration of eight years with a four-year...


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MORE TOP OF THE NEWS

Uralkali reports decline in output of potash in second quarter and first half

Leading potash producer Uralkali (Berezniki, Russia) on Tuesday announced its production results for the second quarter and first half of this year. Uralkali produced 3.0 million m.t. of potassium chloride (KCl) in April–June and 5.7 million m.t. in...

Oman progresses with Duqm acetic acid project

Oman has asked engineering companies to submit proposals for a previously announced, world-scale acetic acid project, planned at Duqm, Oman, by a joint venture between Oman Oil Co. and BP, according to local reports. A shortlist of bidders to provide...

Sadara signs electricity supply deal with Saudi Electricity Co.

Sadara, a joint venture between Saudi Aramco and Dow Chemical, said on Tuesday that it entered into an electrical power supply agreement with Saudi Electricity Co. on 6 July. Saudi Electricity will, under the terms of the agreement, supply electricity to the...

Bayer CropScience invests $50 million in Michigan expansion project

Bayer CropScience plans to invest $50 million to expand capacity at its Muskegon, MI, manufacturing plant. The company earlier this month held a ceremony to kick off the expansion, which will increase production of the site’s flagship product, Liberty...

Velocys suspends CEO over allegations of 'serious misconduct'

Velocys (Abingdon, UK), the AIM-listed gas-to-liquids (GTLs) technology firm backed by Russian tycoon and owner of Chelsea football club Roman Abramovich, has suspended its CEO, Roy Lipski, over unspecified allegations of “serious misconduct,”...

Chinese automaker takes majority share in Iceland's renewable methanol producer CRI

Zhejiang Geely Holding (Geely) has announced plans to invest a total of $45.5 million in Carbon Recycling International (CRI; Reykjavik), including an initial investment and additional purchases of CRI equity over three years. Geely will become a major...

French decorative paints company changes name to Cromology

Materis Paints (Clichy, France), a global player in decorative paints with brands that include Tollens and Zolpan in France, MaxMeyer in Italy, Revetón in Spain and Robbialac in Portugal, has unveiled its new name: Cromology. In ancient Greek, the name...

Koppers revises supply agreement with C-Chem for $30 million

Koppers International (Pittsburgh; Koppers) says its majority-owned jv Koppers Jiangsu Carbon Chemical Co. (KJCC; Jiangsu, China) has restructured a soft-pitch supply agreement with C-Chem Jiangsu Needle Coke Co. (CJNC; Jiangsu, China) for a one-time payment of $30 million. CJNC’s facility have not begun operations as planned, and KJCC has had to sell its product into “a challenging domestic market” since July 2014, Koppers explains....

Evonik Industries acquires minority stake in nanocellulose start-up

Evonik Industries on Tuesday said that, via its venture capital arm, it has acquired shares in a technology company in Germany. The company has invested in a minority share in JeNaCell, a spin-off of Friedrich Schiller University in Jena. JeNaCell specializes...

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