Volume 4 Issue 49
ExxonMobil LAO Project Pushed Back
December 8, 2021ExxonMobil’s entry into the linear alpha olefin market has been delayed as a large expansion of the company’s Baytown, Texas, petrochemical complex is now scheduled to be completed in 2023 rather than next year. A contractor on the project disclosed the new timeline in a recent statement about the start of construction.
Valvoline to Provide EV Services
December 8, 2021Valvoline will provide vehicle maintenance at its service centers for e-mobility manufacturer Arrival and its electric vans and buses after the two companies entered a partnership, it was announced last week. Arrival is a startup company that produces zero-emission buses and vans using its “microfactories,” which it described as lower cost, highly scalable and deployable in existing warehouses.
Saint-Gobain Buys Chemicals Firm
December 8, 2021French building materials company Saint-Gobain announced on Monday the acquisition of construction chemicals company GCP Applied Technologies, whose products include industrial lubricants for concrete and pallet conveyor applications, for $2.3 billion.
Briefly Noted
December 8, 2021Richland, Washington-based lubricants, fuels and propane distributor Christensen Inc. acquired Yorkston Oil Co., a lubricant and fuel distributor and Commercial Fueling Network cardlock marketer in Bellingham serving customers in northwestern Washington state. OQ Chemicals on Dec. 6 said it raised prices on neopentyl glycol – a polyalcohol used in manufacturing synthetic lubricants – in the United States by 20 cents per pound for slurry and 22 cents/lb for molten or flakes.