Emerson (St. Luois, Mo.; www.emerson.com) has signed an agreement to purchase the Valves & Controls business of Pentair plc (Manchester, U.K.; www.pentair.com) for $3.15 billion. The complementary acquisition establishes Emerson's global presence in control, isolation, pressure relief valves and actuation…
CB&I (The Woodlands, Tex.; www.cbi.com) has chosen Veolia Water Technologies (Moon Township, Pa.; www.veoliawatertech.com) to engineer and procure a wastewater treatment package for the 1,000,000-metric tons per year (m.t./yr) Lotte Axiall Chemical Company (LACC) ethane cracker and associated monoethylene glycol…
Ilika p.l.c. (Southampton, U.K.; www.ilika.com) announces that it is taking part in a three-year project to develop protected anodes for lithium sulfur batteries, led by Johnson Matthey Plc (London; www.matthey.com) and supported by Innovate UK and the Engineering and Physical…
Praxair, Inc. (Danbury, Conn.; www.praxair.com) has confirmed that it is currently in preliminary discussions with Linde AG (Munich, Germany; www.the-linde-group.com) regarding a potential merger. According to Praxair, these discussions are ongoing, and there can be no assurance that they will…
Lonza (Basel, Switzerland; www.lonza.com) has agreed to acquire InterHealth Nutraceuticals, Inc. (Benicia, Calif.), a leader in research, development, manufacture and marketing of value-added nutritional ingredients for use in dietary supplements. InterHealth is a portfolio company of Kainos Capital. “With this…
GE’s Power Services business (Baden, Switzerland; powergen.gepower.com) will provide Russian chemicals producer OJSC TogliattiAzot (ToAZ) with parts to upgrade two GE industrial steam turbines at the company’s ammonia production facility in the city of Togliatti, Russia. GE also will supply…
Ashland Inc. (Covington, Ky.; www.ashland.com) announced that Osama Musa, vice president, global research and development (R&D), has been promoted to the newly created position of chief technology officer. He also assumes leadership responsibility for Advanced Materials. Recently while leading R&D…
Yara International ASA (Oslo, Norway; www.yara.com) has entered into an agreement to acquire the Tata Chemicals Ltd. (TCL; Mumbai; www.tatachemicals.com) Babrala urea plant and distribution business in Uttar Pradesh for $400 million on a debt and cash free basis, including…
Indorama Ventures Public Ltd. (IVL; Bangkok, Thailand; www.indorama.net) and Compañía Española de Petróleos S.A.U. (Cepsa; Madrid, Spain; www.cepsa.com) announced the expansion of their strategic partnership with the signing of an exclusive supply agreement for meta-xylene, a key feedstock for the…
Sekisui Plastics USA, a subsidiary of Sekisui Plastics Company, Ltd. (Osaka, Japan; www.sekisuiplastics.com) has announced the establishment of a new corporation in Mexico, Sekisui Plastics Mexico, S.A. de C.V., and the opening of its new $7 million manufacturing facility in…