Caustic Soda News
- February 2022: Occidental Petroleum's chemical division is considering an overhaul of some chlor-alkali plants to increase capacity to produce higher-value caustic soda. This will give it the chance to make a big change to its current capacity in order to meet the growing demand for its key products.
- February 2022: Occidental Petroleum's chemical division is considering an overhaul of some chlor-alkali plants to increase capacity to produce higher-value caustic soda. This will give it the chance to make a big change to its current capacity in order to meet the growing demand for its key products.
Related Commodity Chemicals Industry News
- January 2024: Aarti Industries Limited (AIL) has revealed a nine-year extended supply agreement with a global company specializing in pesticide products and solutions, presenting Aarti Industries with a revenue opportunity of approximately INR 300 crore (USD 361 million) over the duration and reinforcing its sulfuric acid portfolio
- May 2022: WeylChem International GmbH completed the acquisition and integration of INEOS Sulfur Chemicals Spain SLU, the leading Spanish sulfur chemicals arm of INEOS enterprises. The acquired business comprises a state-of-the-art facility with an annual capacity of 350,000 tons for producing sulfuric acid in Bilbao. The newly integrated sulfur business now operates under 'WeylChem Bilbao.'
- August 2023: Deepak Fertilisers And Petrochemicals Corporation Limited announced the brownfield expansion of nitric acid at Dahej in Gujarat, which is part of its strategic growth journey. Its Board of Directors approved the setting up of a Weak Nitric Acid (WNA) plant with a capacity of 300 KT PA and two Concentrated Nitric Acid (CNA) plants with a total capacity of 150 KT PA.
- July 2023: CF Fertilisers UK Limited, a subsidiary of CF Industries Holdings, Inc., announced a proposal to permanently close the ammonia plant at its Billingham Complex in order to secure the long-term sustainability of its business in the United Kingdom and more efficiently serve its customers in the country. The Company intends to continue to produce ammonium nitrate (AN) fertilizer and nitric acid at the Billingham site using imported ammonia, as it has for the last ten months following its decision to temporarily idle the plant in August 2022.
- December 2022: According to the most recent Securities & Exchange Commission filing, Ritholtz Wealth Management increased its position in CF Industries Holdings, Inc. by 99.9% during the third quarter. After acquiring an additional 11,176 shares during the quarter, the business now owned 22,368 shares of the basic materials company's stock.
- June 2022: CF Fertilisers UK Limited announced plans to restructure its operations in the United Kingdom. CF Fertilisers UK intends to focus its production operations in the United Kingdom entirely at the Billingham manufacturing facility in Teesside. Billingham has a sizable volume of ammonia and nitric acid industrial contracts that pass on natural gas costs to consumers, laying the groundwork for lucrative operations.
- February 2023: The Andersons Inc. announced the launch of a new line of granular micronutrients branded MicroMark DG that offers dispersing granule (DG) technology for engineered plant nutrient products, resulting in homogenous spherical granules for easier blending, spreading, and most importantly, increased efficacy.
- October 2023: Suncor Energy announced that it will acquire the Canadian operations of TotalEnergies for USD 1.468 billion. The acquisition is intended to add 61,000 barrels per day of net bitumen production capacity and 675 million barrels of proved and probable reserves to the company's existing oil sands portfolio.
- November 2022: NYNAS AB introduced Nypol RE, a new polymer-modified bitumen with some biogenic materials that increase its service life. It has a low environmental effect compared to other bitumen products.
The recent developments pertaining to the major players in the market are covered in the complete study.
- February 2022: Occidental Petroleum's chemical division is considering an overhaul of some chlor-alkali plants to increase capacity to produce higher-value caustic soda. This will give it the chance to make a big change to its current capacity in order to meet the growing demand for its key products.
- February 2022: Occidental Petroleum's chemical division is considering an overhaul of some chlor-alkali plants to increase capacity to produce higher-value caustic soda. This will give it the chance to make a big change to its current capacity in order to meet the growing demand for its key products.
- September 2023: BASF launched its first biomass-based plastic additive, the initial offerings of which include IRGANOX. This supports the use of renewable materials to replace fossil feedstock and helps the company meet sustainability goals.
- September 2022: BASF showcased VALERAS for its plastic additives portfolio. VALERAS adds value to plastic applications by delivering sustainability benefits with additive technical solutions and services, such as accelerating the plastic journey to a circular economy and net zero emissions. These include several antioxidants and light stabilizers.
- January 2024: Aarti Industries Limited (AIL) has revealed a nine-year extended supply agreement with a global company specializing in pesticide products and solutions, presenting Aarti Industries with a revenue opportunity of approximately INR 300 crore (USD 361 million) over the duration and reinforcing its sulfuric acid portfolio
- May 2022: WeylChem International GmbH completed the acquisition and integration of INEOS Sulfur Chemicals Spain SLU, the leading Spanish sulfur chemicals arm of INEOS enterprises. The acquired business comprises a state-of-the-art facility with an annual capacity of 350,000 tons for producing sulfuric acid in Bilbao. The newly integrated sulfur business now operates under 'WeylChem Bilbao.'
- November 2022: Solvay and Orbia announced a framework agreement for a joint venture to produce battery materials creating the largest capacity in North America. The total investment is estimated to be around USD 850 million, partially funded by a USD 178 million grant from the US Department of Energy to Solvay to build a facility in Augusta, Georgia. Solvay and Orbia intend to use two production sites in the southeastern United States, one for raw materials and the other for finished goods. Both plants will be fully operational by 2026.
- October 2022: Solvay has introduced the SolvaLite SF200 surfacing film, a light tack film for paintable 'Class A' body panels. From October 17 to 20, 2022, the new product was officially introduced at the Composite and Advanced Materials Expo (CAMX) in Anaheim, California. SolvaLite SF200 is designed for large body panels on premium sports and other high-end vehicles. It is an addition to Solvay's new SolvaLite 714 Prepregs, which are available in various unidirectional carbon fiber reinforced and woven-fabric formats for automotive and high-volume press-cure applications.
- February 2022: Teijin Automotive Technologies announced the commencement of commercial operation of its new manufacturing facility in Wujin National Hi-Tech Industrial Zone, China. The company also unveiled the construction of its third plant in China, in Shenyang, to cater to the surging demand for electric vehicles.
- August 2024: LiqTech Holding A/S or LiqTech International Inc. and China Haisum Engineering Co. Ltd signed a Memorandum of Understanding ("MoU") to explore the application of LiqTech's advanced filtration system for challenging industrial water treatment in China. By entering this MoU, China Haisum can bring LiqTech ceramic membrane filtration technology into the relevant Chinese industries.
- June 2024: At the Singapore International Water Week 2024, ENOWA and Nanostone Water Inc. announced their partnership to enhance water treatment technologies. The signed Memorandum of Understanding (MoU) underscores their joint commitment to revolutionize brine mining in the NEOM region of northwest Saudi Arabia, utilizing Ceramic Ultrafiltration (CUF) technology. Through this collaboration, they plan to pilot CUF membranes to extract valuable minerals and metals from desalination and cooling tower blowdown brine.