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Iran, China ink MOU on establishing petrochemical park

Iran, China ink MOU on establishing petrochemical park

Iran’s National Petrochemical Company (NPC) and China Petroleum and Chemical Industry Federation (CPCIF) signed a memorandum of understanding (MOU) for strategic cooperation, ILNA news agency reported.  Based on the MOU which was signed by NPC’s managing director Reza Norouz-Zadeh and CPCIF’s chairman Li Shousheng, the two sides agreed on constructing a petrochemical park in Iran. According to NPC’s investment director Hossein Alimorad, this MOU paves the way for further expansion of cooperation between the two countries’ petrochemical sectors. Read more

Biesterfeld extends sales partnership with Sytheon
Biesterfeld Spezialchemie said that it is extending its sales partnership with Sytheon Ltd, to Germany, Russia and Benelux. As a result of sales cooperation in Spain, Biesterfeld is strengthening its partnership with Sytheon in Europe and expanding its extensive product portfolio by adding a unique range of proprietary and patented active ingredients for the cosmetics industry. The portfolio focusses especially on nature-inspired active ingredients. The highly defined products are designed for maximum safety and effectiveness. Read more
Axalta to build new headquarters in Sydney, Australia

Axalta Coating Systems (AXTA) has commissioned the construction of a new 10,200-square-meter Australian headquarters in Marsden Park, in Western Sydney. The facility will house corporate offices, a state-of-the-art training facility, and a warehouse and distribution centre for up to 50 employees, the company said. Scheduled to open in the first quarter of 2019, the facility will serve the company’s refinish and commercial vehicle customers, light vehicle OEMs, as well as industrial and military customers in Australia and New Zealand. Read more

Shell, CNOOC JV starts production at new petrochemical units in China

China National Offshore Oil Corporation (CNOOC) and Shell Nanhai BV (Shell) has officially started-up the second ethylene cracker at their Nanhai petrochemicals complex in Huizhou, Guangdong Province, China. Several linked derivative units have also started up and the remaining units will start up progressively over the next few weeks. These new units were constructed by CNOOC and are owned and operated by the existing CNOOC and Shell Petrochemical Company (CSPC) joint venture. Read more



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