Asahi Glass (AGC; Tokyo; www.agc.com) announces that it has acquired all of the shares of Biomeva GmbH (Biomeva) from Biomeva Holding GmbH. Biomeva is one of the leading biopharmaceutical contract manufacturing organizations (CMO) in Europe. With Biomeva now a part…
The Chemours Co. (Wilmington, Del.; www.chemours.com) has completed the sale of its Clean and Disinfect business—part of its Chemical Solutions segment—to Lanxess AG (Cologne, Germany; www.lanxess.com) for approximately $230 million in cash on August 31, 2016. "This announcement is another…
Westlake Chemical Corp. (Houston; www.westlake.com) has completed the previously announced acquisition of Axiall Corp. (Atlanta, Ga.; www.axiall.com) for $33.00 per share in an all-cash transaction, representing an enterprise value of approximately $3.8 billion, including debt and certain other Axiall liabilities.…
A $30-million expansion at Invista (Wichita, Kansas; www.invista.com) fiber manufacturing plant in South Carolina will enable the company to rapidly respond to small-lot, carpet fiber demands. The investment represents the industry’s first-ever offering of one-step, small-lot capability specifically for solution-dyed…
Global Bioenergies (Evry, France; www.global-bioenergies.com) and Cristal Union have announced that their subsidiary, IBN-One has awarded the first engineering contracts for its bio-isobutene plant to Technip (Paris, France; www.technip.com) and IPSB. Following a consultation process by IBN-One in spring 2016,…
Akzo Nobel N.V. (Amsterdam, the Netherlands; www.akzonobel.com) has broken ground on its new powder coatings plant in Mumbai, India. The investment of €9 million will allow the company to increase capacity in the region, which forms an important part of…
Sadara Chemical Co. (Dhahran, Saudi Arabia; www.sadara.com) started up its mixed-feed cracker (MFC) on August 28, 2016. The MFC is the only one of its kind in Saudi Arabia and will allow Sadara to produce a diversified range of plastics…
In a further step to expand its participation in the agricultural market in the Brazilian Midwest, Yara International ASA (Oslo, Norway; www.yara.com) announced the signing of an agreement for the acquisition of the fertilizers blending unit of Adubos Sudoeste in…
During the celebration of the five-year anniversary of the Lewabrane membrane-elements plant operated by IAB Ionenaustauscher GmbH, a wholly owned subsidiary of specialty chemicals company Lanxess AG (Cologne, Germany; www.lanxess.com), LANXESS also announced plans to double production capacity in the…
Yara International ASA (Oslo, Norway; www.yara.com) has officially opened the world’s first modular ammonium nitrate plant. The plant’s location is remote, in the desert-like landscape of Western Australia, northeast of Perth. Ammonium nitrate is the main component of explosives used…