The world’s largest chemical company is expanding in the Houston area.
Germany-based BASF said it completed two plastic and chemical expansions just outside of Houston at its Pasadena complex.
The capacity expansions contribute to the production of plasticizers used to soften and increase the flexibility of rigid materials like polyvinyl chloride, called PVC.
BASF said it increased its production of dioctyl terephthalate, or DOTP, which is a general purpose plasticizer, by 60,000 metric tons a year. Likewise, BASF upped its production of 2-ethylhexanol, which is a DOTP raw material, by 100,000 metric tons annually.
CF Industries Holdings, Inc. (NYSE: CF) today announced that it has closed its acquisition of Incitec Pivot Limited’s (“IPL”) ammonia production complex located in Waggaman, Louisiana. Under the terms of the agreement, CF Industries purchased the Waggaman ammonia plant and related assets for $1.675 billion, subject to adjustments.
The Virgin Atlantic flight was powered entirely by SAF, that was a drop-in replacement for conventional jet fuel, but made solely from sustainable feedstocks. This was enabled through the inclusion of a new bio-based aromatic jet fuel blending component.
Cepsa SA (Madrid) has agreed a deal with C2X, an independent firm owned by AP Moller Holding with AP Moller-Maersk as minority owner, to develop a 300,000 metric tons per year renewable methanol plant at Huelva, Spain.