Business Roundup

Abundia Global Impact Group has secured property in Baytown, Texas, to build a plastics pyrolysis plant. The facility will use technology licensed from Alterra Energy, which operates a similar plant in Akron, Ohio. Orlen is halting an ethylene cracker project in Płock, Poland, because costs have ballooned from an initial estimate of $2 billion to more than $12 billion. The firm says a review found irregularities in the investment process, which it has “reported to the prosecutor’s office.” Celanese CEO Lori Ryerkerk is stepping down at the end of the month. Her successor is chief operating officer Scott Richardson, who has been with the company since 2005. Westlake Innovations , the venture capital arm of petrochemical maker Westlake, has invested in Ontario–based Universal Matter. The firm is commercializing what it calls flash joule heating technology, originally developed at Rice University, for transforming waste carbon into graphene. OQ Chemicals has sold