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New coal-to-olefins (CTO) and methanol-to-olefins (MTO) projects in China could be delayed due to the government's intensified efforts to meet clean energy goals by reducing coal usage and changing crude oil and coal prices, according to data and analytics firm GlobalData.

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Huntsman announced that its Auburn Hills, MI, USA, site has become one of the state’s longest running holders of the Michigan Occupational Safety and Health Administration (MIOSHA) Star award. The site was recently granted its fifth consecutive Star certificate – an accolade it has held continuously since 2004.

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Sibur announced it is currently commissioning its ZapSibNeftekhim integrated petrochemical complex in Tobolsk, Russia, the "largest" petrochemical complex in the country. The USD 9.5 billion project involves a steam cracker with the capacity to produce 1.5 million t/y of ethylene, about 500,000 t/y of propylene and 100,000 t/y of butane/butylene fraction, as well as polyethylene and polypropylene units with a combined total capacity of 2 million t/y. Start-up is expected to begin this quarter. "The products of this plant will play an important role in replacing foreign polymers and increasing the share of non-primary, non-energy exports," the company noted.

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Petron Corp., the country’s largest oil refiner, is completing the USD 100 million expansion of its polypropylene plant that would propel it to become the top producer of resin by 2020. The oil firm is expanding its polypropylene plant which is scheduled for completion by the end of the year, Petron president and CEO Ramon Ang said. According to Ang, the company invested USD 100 million to raise the plant’s rated capacity of up to 160,000  t/y to 220,000 t/y.

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The German KraussMaffei Group has held a groundbreaking ceremony for its new factory in Jiaxing, Zhejiang Province, China. According to KraussMaffei, it is a key strategy of the company to make more investments in the Chinese market.

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Amid global uncertainties and rapidly changing market conditions, Kumho Petrochemical is striving to strengthen its R&D to raise its competitiveness in the global synthetic rubber market. The company is also solidifying its status in the market by reinforcing its relations with global partners and subsidiaries in search of new growth engines.

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Sika has completed the acquisition of Parex on 23 May 2019. The deal was announced on 8 January 2019. With annual sales of CHF 1.2 billion, Parex is a mortar manufacturer With this acquisition, Sika said it will expand its product portfolio for the building finishing market, further strengthening its position in construction chemicals, and reaching sales in excess of CHF 8 billion for 2019.

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The world’s third-largest glovemaker, Kossan Rubber Industries Bhd, has allocated up to MYR 1.5 billion in capital expenditure for the construction of its new plant in Bidor, Perak. Group MD and CEO Tan Sri Lim Kuang Sia said the land clearing process is expected to begin in September, while construction works for the new rubber glove manufacturing plant will commence in June 2020. The state-of-the-art plant is estimated to be completed in three years.

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Hyundai Chemical Company, Ltd. has chosen Univation Technologies’ Unipol PE Technology for a 300,000 t/y high-density polyethylene (HDPE) plant to be located at Hyundai’s site in Daesan, Republic of Korea.

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Engineering, sales, and manufacturing locations of Toyoda Gosei in USA (Source: Toyoda Gosei)

Toyoda Gosei Co., Ltd. announced plans to establish a satellite engineering and sales office of Toyoda Gosei North America Corporation (TGNA), the company’s regional headquarters for the Americas, in the city of Dublin, OH, USA. Start of operations of the Dublin office is scheduled for 9 July 2019.

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