INEOS completes the purchase of BASF share of Styrolution

19-Nov-2014 - Following clearance by the competition authorities, INEOS has successfully completed the purchase of BASF’s 50% share in Styrolution, a joint venture between the companies. The purchase price for the acquisition is €1.1 billion. Styrolution will continue to operate as a stand-alone Business ...

Ineos and Solvay sign definitive joint venture agreement

30-Jun-2014 - INEOS and Solvay have announced the signing of a definitive Joint Venture agreement covering their European chlorvinyls activities. The Joint Venture - to be known as INOVYNTM - was given clearance by the European Commission in May 2014.Formation of the Joint Venture is subject to implementation ...

BASF and Markor plan to establish joint ventures for butanediol and polytetrahydrofuran in China

06-Mar-2013 - BASF and Xinjiang Markor Chemical Industry Co., Ltd. (Markor) plan to establish two joint ventures for the production of butanediol (BDO) and polytetrahydrofuran (PolyTHF® , chemical name: polytetramethylene ether glycol ) in Korla, Xinjiang Uygur autonomous region, Northwest China. The joint ...

KBR and Its Joint Venture Partners (JKC JV) Sign Contract for EPC Activities for Ichthys LNG Project, Australia

13-Feb-2012 - KBR announced that its joint venture with JGC Corporation and Chiyoda Corporation, the JKC JV, has signed the formal contract for engineering, procurement and construction (EPC) activities on the Ichthys LNG Project in Northern Australia. The JKC JV partners signed this EPC contract, valued at ...

Solvay and Air Liquide to form a worldwide fluorine gas business joint venture

On-site fluorine production for flat panel display and silicon thin film photovoltaic industries to cut greenhouse gas emissions and increase productivity

19-Jan-2012 - Solvay and Air Liquide announced they have entered into an agreement to form a worldwide fluorine gas business joint venture. It will build, own and operate modular on-site fluorine cleaning gas units for the flat panel display and silicon thin film photovoltaic industries and thus offer these ...

Yara enters global cooperation with OCP

16-Dec-2011 - Yara International ASA and OCP S.A. have agreed key terms for the establishment of a 50/50 joint venture in Brazil and the entry into corresponding phosphate rock supply and other commercial arrangements.The proposed joint venture will as a first step involve OCP gaining a 50% interest in Yara's ...

Süd-Chemie and LG Chem to jointly manufacture high quality LFP

14-Dec-2011 - Dr. Günter von Au, Chairman of the Managing Board (CEO) of Süd-Chemie AG, Munich/Germany, and Peter Bahnsuk Kim, Vice Chairman and Chief Executive Officer (CEO) of LG Chem, Ltd., Seoul/Korea, have signed a Memorandum of Understanding (MoU) to establish a joint venture for high volume production ...

Ravago and Barentz combine Chemical Distribution activities in EMEA

18-Nov-2011 - The Ravago Group (Belgium) and Barentz Europe B.V. (Netherlands) decided to combine their chemical distribution activities in a new 50/50 joint venture Barentz Ravago Chemical Specialist SA. The new company will be operational as of 1 January 2012 and aims to become one of the leading chemical ...

Sinopec and SIBUR plan two joint ventures and extend their cooperation

13-Oct-2011 - Within the framework of the working visit to China by Prime Minister of the Russian Federation Vladimir Putin China Petroleum and Chemical Corporation (Sinopec Corp.) and SIBUR have entered into a Memorandum of Extended Cooperation on the possible formation of two joint ventures for the ...

Yara reduces ownership stake in Yara Praxair

11-Oct-2011 - Yara International ASA and Praxair, Inc. have signed an agreement whereby Yara will reduce its ownership in the Yara Praxair AS industrial gases joint venture in Scandinavia from 50% to 34%. The Yara Praxair joint venture was formed in late 2007 and comprised Yara 's industrial gas businesses ...