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New process for carbon black plant

Sabic and US-based ExxonMobil Corporation’s 50:50 joint venture partner, Al-Jubail Petrochemical Company (Kemya), will utilise Continental Carbon’s technology to construct a new greenfield carbon black plant at Kemya’s petrochemical complex at Al-Jubail, Saudi Arabia. US-based Continental Carbon will also market…

Momentive to go public

Silicones and speciality chemicals producer Momentive Performance Materials is planning to launch an IPO. The company’s sales last year were US$2.6 billion and it had a growth of 24%. Momentive is the former GE Silicones operations. (PRA)

Ford taps on dandelions for rubber

DANDELIONS may be considered as weeds but Ford Motor and Ohio State University (OSU) are looking at the plant in a new way by researching its potential use as a sustainable resource for rubber. A milky-white substance that seeps from…

Asia to benefit from new tyre technology

MICHELIN has developed a self-sealing inner-liner technology, which it says will become standard on all its tyres. Besides making a tyre puncture-resistant, the French company believes the innovation has the potential to do away with the need to carry a…

More Baypren and EPDM for Lanxess

Lanxess is paying EUR310 million for the elastomer business of the Dutch company DSM that produces EPDM under the brand name Keltan. DSM Elastomers operates a 160,000-tonnes/year EPDM facility in Sittard-Geleen, the Netherlands,and a 40,000-tonnes/year facility in Triunfo, Brazil.

Lanxess in talks about acquiring Taminco

LEVERKUSEN, Germany – Lanxess is in talks to buy Belgian chemicals group Taminco NV from private equity firm CVC Capital Partners for about EUR 1 billion or $1.4 billion, the Financial Times Deutschland reported. The acquisition would reportedly be the…

Growth aided by market demand

The global market for nitrile butadiene rubber (NBR) is projected to exceed 645,000 tonnes by the year 2017, according to a new report by Global Industry Analysts. The US company’s other report on chloroprene rubber (CR) also predicts growth with the market forecast to reach 445,000 tonnes by the year 2017.