Category: Industry News

Saipem to build US$150 mn PBR plant in Egypt

Italian petchem company Saipem, leading a consortium with Egypt-based Petrojet, has been awarded a contract by Egyptian Ethylene & Derivatives Co. (Ethydco) for the first polybutadiene-producing facility in Egypt, with an expected production capacity of 36,000 tonnes/year. Saipem and Petrojet…

Sibur to produce NBR latex in Siberia for gloves

By the end of 2020, Russian petchem company Sibur’s Krasnoyarsk site plans to start commercial production of synthetic nitrile butadiene rubber (NBR) latex with a capacity of 3,500 tonnes/year. The project aims to develop a feedstock base for import substitution of technical…

Brembo acquires minority stake in Pirelli

Italian maker of braking systems Brembo has acquired an interest in tyre maker Pirelli. Through its parent company Nuova FourB, which is an investment company, Brembo now holds a 2.43% stake in Pirelli. Terms were not disclosed. By adopting a…

Momentive wins patent suit against China’s Ecopower

Momentive Performance Materials Inc says that a Chinese court has ruled that Ecopower (Yongxiu) New Materials Co. Limited’s and Ecopower (Guangzhou) New Materials Co. Limited’s manufacture and sale of a product was in violation of a Momentive patent for NXT…