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Leverkusen/Marl/Frankfurt: Bayer AG, INFRACOR GmbH and Infraserv Logistics GmbH are planning to establish e-ChemLogistics, an online marketplace for the procurement and sale of logistics services. A primary objective is to become a leading logistics partner to the Internet marketplaces for the chemical and associated industries.
Gelsenkirchen: The Supervisory Board of Veba Oel AG gave the go-ahead today for further capital expenditure in the Oil Processing division. At the Gelsenkirchen refinery, in which Veba Oel and the Venezuelan oil company PdVSA each hold a 50% stake through the joint venture Ruhr Oel GmbH, the value added of the hydrocracker - a plant for converting residues into higher-quality products - is to be increased through technical improvements.
Marl: The company will invest about Euro 12 million in the expansion of capacities for triacetone amine (TAA) and derivatives. The goal of the resulting doubled production potential is to accommodate the major increase in world market demand in the years to come.
Gelsenkirchen: The restructuring of Veba Oel AG, Germany's leading oil company, and in particular the prospects for the refinery and petrochemicals location, Gelsenkirchen: These subjects topped the agenda during today's visit by NRW Minister of Economics, Ernst Schwanhold.
Marl: OXENO Olefinchemie GmbH, a subsidiary of Degussa-Hüls AG in Frankfurt am Main, will step up its capacity for isononanol (INA), a plasticizer alcohol, by 200,000 metric tons per year.
Krefeld/Philadelphia: The Degussa-Hüls AG subsidiary Stockhausen GmbH & Co. KG and the Rohm and Haas Company (NYSE: ROH) of Philadelphia, USA announced they have established a joint venture for the production of acrylic acid, an initial product for superabsorbers, among other things.