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christa.jpg (5628 bytes) Chemical Industry News Editor Christa Semko
Every two weeks, Christa will bring you the latest chemical industry news from around the world.  If you have a press release that you'd like to share with us, please mail it to us through our online contact form here.

Dateline: May 13, 2010

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North America


Titan Specialties has acquired EBS, a privately held company located in Wichita Falls, Texas, that manufactures select fire perforating switches. The EBS switch system, known as the EB Switch, is a pressure-actuated system used in wireline applications to selectively fire a string of two or more perforating guns in a single run. Titan had been distributing the EB Switch, but the acquisition enables the company to provide its customers with an even wider range of options for their perforating needs.

Upgrade Needed

According to a National Research Council report, the National Aeronautics & Space Administration must invest more in maintaining and upgrading its basic research labs if it wants to meet major mission goals, such as planet exploration or understanding of the universe. The report, which looked at six NASA centers, found that the facilities and equipment in use was on average “marginally adequate” to conduct high-quality basic research. And, with the exception of the new science building at the Goddard Space Flight Center, more than 80% of the research labs are more than 40 years old and need significant maintenance and upgrades yearly.


R&D Center

SRG Global Inc. has officially opened its Advanced Development Center. The ADC, located in Taylor, Michigan, allows SRG Global to develop the next generation of coatings for plastics in a manufacturing setting, thereby speeding development, testing and time to market. The center includes laboratories, a chrome plating line and four injection molding presses to create parts of coating and testing.  


Oil Reserves

The PetroCarabobo JV will develop reserves in Venezuela’s Orinoco oil belt. The Orinoco belt holds up to 513 billion barrels of oil. Under the agreement, Repsol will coordinate an international consortium developing the project alongside PDVSA. Partners include Repsol, India ONGC and Petronas, each with 11% stake, PDVSA with 60% stake and Oil India Ltd. and Indian Oil Corp. Ltd., each with 3.5% stake.



Statoil plans a short production stop at the Hammerfest LNG plant to inspect the sub-cooling unit in the LNG process. The stop will not influence the annual production at the plant.


BASF is investing in methanesulfonic acid (MSA) production and plans to expand its existing plant in Ludwigshafen, Germany. After finalization in 2012, BASF will have an annual MSA capacity of 30,000 tons. Expansion of the MSA plant will create 12 new jobs at the site.


Logistics Hub

CWT has opened its logistics complex in Singapore. The company will reportedly handle up to 330,000 tons of value-added polyolefins from Borouge per year, including packing, repacking and distribution to Borouge’s customers throughout Southeast Asia. Borouge is a joint venture between the Abu Dhabi National Oil Co. and Borealis.


Petrochemicals Complex

Abu Dhabi Basic Industries Corp. is planning to build a new petrochemicals complex in the emirate. The company is already in talks with partners on the project.

$20 Billion Investment

Samsung Group has announced its plant to spend $20.6 billion on health and green energy businesses by 2020. Samsung Group chose five areas as its new growth engines – solar cells, rechargeable cells for hybrid electric vehicles, light-emitting diode technologies, biopharmaceuticals and medical devices.


Nitrile Plant

To meet the growing Chinese demand for nitrile rubber, Lanxess and TSRC are forming a 50/50 joint venture to build a $50 million plant in Nantong, China. The companies plan to begin construction on the 30,000 metric-ton/year plant in September, with startup planned for the first half of 2012.

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