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LyondellBasell announced that Hyosung Vietnam Corp. Ltd. has selected Spheripol polypropylene process technology for a 300 kt/y PP plant in Vietnam. According to LyondellBasell, Spheripol is one of the leading PP process technologies with more than 24 million t of licensed capacity.

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Cimcorp, a manufacturer and integrator of turnkey robotic tyre-handling and order fulfillment solutions, has been selected as strategic partner by Shandong Linglong Tyre Co., Ltd. for its tyre plant automation projects.

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Huntsman announced that its Polyurethanes division is expanding its footprint in South America with the commercial registration of its business in Chile. The new legal entity Huntsman (Chile) SpA, based in Santiago de Chile, will supply materials and service Chilean customers from a local warehouse and customer service centre.

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Perstorp announced that it is making significant progress in ‘future-proofing’ its Capa caprolactone monomer plant in Warrington, UK. The monomer plant will be made more robust to ensure an even more reliable supply for customers around the world, said the company.

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Covestro announced that it will significantly expand its global film production to meet the growing demand in all regions. In particular, capacity expansions are planned at the sites in Map Ta Phut, Thailand, in Guangzhou, China, in South Deerfield, MA, USA, and in Dormagen, Germany. The total investment of more than EUR 100 million also includes the expansion of the associated infrastructure and logistics. According to current planning, over 100 new jobs will be created worldwide for the operation of the new plants.

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On 18 July 2018, Woodbridge Alabama officially opened its Huntsville manufacturing plant, hosting community and local business leaders to showcase its teammates and operations.

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Saudi Aramco announced that it has noticed media speculation regarding its possible interest in acquiring an ownership position in the Saudi Basic Industries Corporation (Sabic).

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LCY Chemical Corp. and global investment firm KKR announced the signing of a share exchange agreement for a consortium led by KKR to acquire all of the issued and outstanding shares of LCY. The transaction, which has been unanimously approved by the board of directors of LCY, represents a total market capitalisation of approximately TWD 47.8 billion (~ USD 1.56 billion).

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Trelleborg announced that it has acquired the tyre distributor TRS Tyre & Wheel Ltd from Bapcor Group. Financial details of the transaction were not disclosed.

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Cooper Standard announced that it has agreed to acquire Lauren Manufacturing and Lauren Plastics, with more than 500 employees across four facilities – two in New Philadelphia, OH, one in Kent, OH, and one in Spring Lake, MI, USA.

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