Volume 4 Issue 49
ExxonMobil’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 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.
French 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.