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DuPont sells its Coatings Business to Carlyle for $4.9 billion

Carlyle targets emerging markets with DuPont Performance Coatings  DuPont and The Carlyle Group (Carlyle) signed a definitive agreement by which Carlyle will buy DuPont Performance Coatings (DPC), the DuPont’s Coatings Division. Still submitted to regulatory approval, the transaction should be effective on the first quarter 2013. Carlyle is a global alternative assets manager having already […]

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Acrylic Acid

Definition Acrylic acid is an unsaturated carboxylic acid extracted from propylene Acryclic acid is a colorless pungent and corrosive liquid in polymerized form. The formal name for acrylic acid is propenoic acid. Acrylic acid is miscible with water, alcohols and esters. Comments Acrylic acid is produced from propylene as an ethylene by-product of ethane or naphtha […]

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BASF awards greenfield Brazil complex EPCM to WorleyParsons

BASF and Braskem in partnership for Acrylic Acid plant In May 2011, the German chemical company BASF announced its biggest investment ever in South America with $500 million capital expenditure. BASF is planning to build a world scale chemical complex in Camaçari, in the Bahia Province, Brazil. BASF and Braskem SA (Braskem) signed a strategic […]

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Invista and LanzaTech to produce Butadiene from Carbon Monoxide

Bio-technologies to convert GHG into low carbon fuels The nylon world leader, Invista from Wishita, Kansas, USA, and the bio-technology specialist LanzaTech signed a joint development agreement to convert carbon monoxide waste into butadiene and other chemical feedstocks. The producer of “Lycra” and other famous “Coolmax” fibers, Invista is developing and producing high added value […]

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Polyester

Definition Polyester is a generic name referring to polymers made of repeated units of an ester molecule under the COO form. Polyester is produced by reaction of carbonated acids (Terephthalic acids) with alcohols (dihydric alcohols) and elimination of water. Comments These polymeric groups of repeated ester units can form long chains of molecules very stable […]

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Williams Energy to build $800 million PDH facility in Alberta

Williams to value oil sands Propane to export Propylene Williams Energy ( Williams) is planning to expand its existing facility located at Redwater, near Edmonton in Alberta, Canada, to produce polymer-grade propylene. In Canada, Williams developed a unique expertise to capture and convert all the off-gas by-products of the oil sands production in the upgraders […]

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