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The Chinese company China National Chemical Corporation (ChemChina) is seeking to list its subsidiary KraussMaffei, a leading supplier of machinery and systems for producing and processing plastics and rubber, on a stock exchange in China.

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Trinseo confirmed the successful start-up of its new Magnum acrylonitrile butadiene styrene (ABS) production line at its manufacturing facility in Zhangjiagang, China.

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Orion Engineered Carbons said it has started production at a new carbon black line at its plant in Yeosu, South Korea, and has already begun commercial sales of the product.

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Grand opening was held for the new integrated industrial complex of Lotte Versalis Elastomers (LVE), 50:50 joint venture between Versalis and Lotte Chemical, for the production of elastomers in Yeosu, South Korea.

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Ube Industries, JSR Corp. and Mitsubishi Chemical Corp. (MCC) have received European Commission (EC) approval for the planned integration of their acrylonitrile butadiene styrene (ABS) subsidiaries.

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Seoul said it protested strongly against China’s initiation of an anti-dumping probe into South Korea’s styrene monomer (SM) imports.

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Velox GmbH is the exclusive European distribution partner of FRX Polymers Inc., a producer of polymeric halogen-free flame retardant solutions. Velox recently announced the availability of Nofia non-halogenated polyphosphonates from FRX Polymers as a replacement for antimony trioxide (ATO) in brominated flame retardant products.

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Lanxess announced that it plans to acquire the phosphorus chemicals business with a US production site from Belgian chemical group Solvay. Both companies have signed an agreement to this effect. According to Lanxess, the acquisition will expand its Additives segment, which achieves annual sales of around EUR 2 billion with approximately 2,000 employees around the globe. The transaction is projected to conclude in the first half of 2018, subject to customary regulatory approvals.

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BorsodChem announced that it will double the capacity of its TDI crystallisation unit at its Kazincbarcika plant in Hungary. According to the company, this capacity expansion will allow BorsodChem to meet the strong growth in global demand for T65 and T100 TDI grades and continue to provide stable supply in the coming years. Details on the annual production capacity were not disclosed.

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Malaysia, Thailand and Indonesia have agreed to implement the fifth Agreed Export Tonnage Scheme (AETS) beginning Friday (1 Dec 2017).

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Sabic and Saudi Aramco have signed a memorandum of understanding (MoU) to build a proposed crude oil-to-chemicals complex in Saudi Arabia.

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