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Reports: Vietnam government gives final approval for PTT’s $22-billion refinery and petrochemical complex
The Vietnamese government has given final approval for energy company PTT’s (Bangkok) previously announced fully integrated refinery and petrochemical complex in Vietnam, say press reports. The project, to be located in the Nhon Hoi Economic Zone in...

Petronas selects LyondellBasell Spherizone and Spheripol PP technology for Rapid project
LyondellBasell Industries says that Petronas has selected the LyondellBasell Spherizone and Spheripol polypropylene (PP) process technologies. The technologies will be used for a 900,000-m.t./year PP unit to be constructed in the previously announced Refinery...

SCG Chemicals acquires plastics institute in Norway
SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok) has acquired a 51% stake in plastics institute Norner (Stathelle, Norway) from the current Norwegian owners. SCG Chemicals has entered into an agreement with the current owners —...

Umicore to build automotive catalyst facility in Thailand
Umicore (Brussels) says that it will construct a facility at the Hemaraj industrial estate in Thailand for the production of emission-control catalysts for light-duty vehicles. The plant will involve an investment of about €20.0 million ($24.8 million)...

Private equity firm acquires Malaysia-based chemicals distributor
Private equity firm The Riverside Co. (New York) says that it has acquired Drex-Chem (Shah Alam, Malaysia), a specialty chemicals distributor. Financial details of the agreement have not been disclosed. Drex-Chem has long-lasting distribution relationships...

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