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Chemical Industry Update

Regulatory changes to impact European chemical market

Major changes are ahead for Europe's chlor-alkali and vinyls (CAV) market, which is facing regulatory changes and market consolidation over the next few years.
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Eastman to acquire alkylamines producer Taminco for $2.8 billion

Eastman Chemical Company has agreed to acquire Taminco Corp., a producer of alkylamines & derivatives and formic acid & derivatives.
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Jacobs Engineering to play 'crucial' role in ExxonMobil ethane cracker project

Jacobs Engineering Group Inc. will provide engineering, procurement and construction services for a multi-billion dollar ethane cracker project in ExxonMobil Chemical Company's Texas-based Baytown complex.
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Formosa Plastics receives greenhouse gas permit for Texas petrochemical complex expansion

The U.S. Environmental Protection Agency (EPA) has approved a greenhouse gas (GHG) permit for an olefins and low density polyethylene unit at Formosa Plastics' Point Comfort, Texas, complex.
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Researchers develop more efficient, greener method to produce ammonia

A new electrochemical process to produce ammonia simply from air and water has been developed by U.S. researchers.
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Arkema opens methyl acrylate plant in Texas

French specialty chemical company Arkema announced July 28 the start-up of a new methyl acrylate plant at its Clear Lake site in Texas.
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Koppers Holdings plans Illinois naphthalene plant

The company announced this week that it would apply for a series of environmental permits and was also looking at the possibility of consolidating its tar distillation businesses across North America. If all goes well, the company expects the facility to be in operation in early 2016.
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US lawmakers pass chemical facility security bill

The U.S. House of Representatives on Tuesday passed a bill to authorize the Department of Homeland Security to establish standards protecting chemical facilities from terrorism.
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BASF to sell stake in joint venture to Ineos

Swiss-based multinational chemical company Ineos is to buy out BASF's 50-percent stake in Styrolution -- the joint venture formed by the two companies in 2011.
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Chem Show announces dates for 100th Anniversary event

The Chem Show will hold the 2015 100th Anniversary event on Nov. 17-19 at the Javits Convention Center in New York City, the show's organizers announced this week.


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