The company now expects full-year 2016 operating earnings to be in the range of $3.05 to $3.20 per share, up from prior guidance of $2.95 to $3.10 per share, an increase of 10 to 16 percent over the prior year.
Asahi Kasei has used CAE to successfully achieve several substitutions of metal with performance plastic in automotive parts such as cylinder head covers and brake brackets, and continues to work to further reinforce its product proposal ability.
Solvay’s new part testing laboratory in Shanghai will initially be equipped with installations dedicated to metal replacement applications.
Expected to start operations in the second quarter of 2017, the new ASU will supply industrial gases including oxygen and nitrogen to the customer's new ethylene oxide plant as well as to its existing one.
The agreement comes just months after Proserv was awarded a contract to provide topside control equipment at one of the largest field discoveries on the Norwegian Continental Shelf.
The project could consume approximately 35,000 barrels per day (bpd) of propane and produce up to 800,000 metric tonnes per year of polypropylene.
LyondellBasell will produce its Hostacom glass fiber-reinforced, mineral filled and unfilled colored grades as well as Hifax high impact thermoplastic olefins.
The agreement also provides for cooperation between the companies in upgrading Rosneft's tank farms and commodity parks.
The project includes the ongoing construction of a new ethylene cracker and ethylene derivatives units, which will increase ethylene capacity by more than 1 million tonnes of per year
The project "will help ensure PCS continues to be a reliable supplier to all our customers with smooth and stable operations", Yonemura said.
Quantum Plastics announced that it has acquired 3D Plastics, Inc. ('3D').
Saudi Aramco has an ambitious plan to raise the Company’s total global refining capacity throughput to between 8 to 10 million barrels per day.
PolyOne also introduced OnFlex LO specialty TPEs, which help automotive OEMs improve the driver experience by reducing the number of VOCs in vehicle interiors by up to 50 percent. Targeted applications include HVAC seals, buttons, controls, coin tray
ExxonMobil’s downstream and chemical businesses have the scale and integration across refining, lubricants and chemicals to maximize product value while driving operating efficiency.
IVL in turn will acquire a 50% stake in a carved out entity, called Haldia, of Dhunseri, with an effective capacity of 480,000 tonnes PET manufacturing located in the eastern state of West Bengal. The JV is subject to regulatory approvals and expecte
The petrochemical industry is facing financial difficulty with pressure on prices and margins, this has discouraged capacity expansion, investment in the sector is severely lagging demand growth. This is making the “Make in India” campaign infructuou
The companies plan to build a pilot plant within the Handa Plant operated by Toyota Tsusho's wholly owned subsidiary Toyota Chemical Engineering.
These new polypropylene composite-based application solutions will be presented for the first time at the upcoming VDI International Conference on Plastics in Automotive Engineering taking place in Mannheim, Germany.
Punj Lloyd has announced winning oil & gas EPC orders worth Rs 2,070 crore from Oman Oil Refineries and Petroleum Industries Company (Orpic) and Oman Gas Company (OGC)
The success of this innovative undertaking results from a newly-developed process for the on-purpose production of butadiene which uses various types of sugars as feedstock, rather than the traditional use of hydrocarbon feedstocks.
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