The Dow Chemical Company (Midland, Mich.; www.dow.com) and Dow Corning Corp. announced that Robert D. (Bob) Hansen, chairman, chief executive officer and president, has announced his intention to retire from Dow Corning Corp. upon the completion of Dow’s ownership restructure transaction with…
Total S.A. (Paris; www.total.com) and Saft, a designer and manufacturer of advanced industrial batteries, announced that, following the signature of an agreement between the companies, Total filed a friendly tender offer on all of the issued and outstanding shares in…
Air-pollution-control company Anguil Environmental Systems, (Milwaukee, Wis.; www.anguil.com) is announcing the creation of a new water-treatment division named Anguil Aqua Systems. The new initiative will leverage Anguil’s extensive engineering experience and process knowledge. Anguil has spent the past three years…
Asahi Glass Co., Ltd. (AGC; Tokyo; www.agc.com) has decided to further increase the production capacity of vinyl chloride monomer (VCM) at P.T. Asahimas Chemical (ASC), one of its consolidated subsidiaries in Indonesia. ASC has recently completed a facility enhancement, which…
Honeywell (Morristown, N.J.; www.honeywell.com) announced its intention to spin off its Resins and Chemicals business into a standalone, publicly traded company named AdvanSix Inc. Honeywell will file a Form 10 relating to the transaction with the Securities and Exchange Commission…
GreenMantra Technologies (Brantford, Ontario, Canada; www.greenmantra.ca), a rapidly growing producer of high-value waxes and specialty chemicals from recycled plastic feedstocks, announced that it has completed construction of a new manufacturing plant, significantly expanding its capacity and the availability of its…
Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed a definitive agreement with Brazilian chemical group Unipar Carbocloro to sell its 70.59% stake in Solvay Indupa. “Solvay’s divestment of Indupa follows our announced early exit of our European PVC joint venture as…
Renewable materials company Stora Enso Oyj (Helsinki, Finland; www.storaenso.com) and specialty chemicals company Rennovia, Inc. (Santa Clara, Calif.; www.rennovia.com) have announced a joint development and license agreement to cooperate on bio-based chemicals development. Under the terms of the…
GE Power (Schenectady, N.Y.; www.gepower.com) announced that it has signed a purchase agreement to acquire the Heat Recovery Steam Generator (HRSG) business of Doosan Engineering & Construction for $250 million. The Doosan Engineering & Construction HRSG acquisition will help GE…
Albemarle Corp. (Baton Rouge, La.; www.albemarle.com) announced that it is discontinuing production of its hexabromocyclododecane (HBCD)-based flame retardants so that it can focus on supplying GreenCrest polymeric fire safety solutions, a sustainable alternative to HBCD. GreenCrest, which is based on…