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Mitsubishi Polyester Film invests in South Carolina plant expansion

Mitsubishi Polyester Film, Inc. (MPF; www.m-petfilm.com) has announced an investment of $100 million to increase its capacity for biaxially oriented polyester (BOPET) film at its plant in Greer, S.C.   The investment will include a new film production line scheduled to…

Kraton to acquire Arizona Chemical for $1.37 billion

Kraton Performance Polymers, Inc. (Houston; www.kraton.com), a global producer of highly-engineered polymers, announced that it has entered into a definitive agreement to acquire all of the capital stock of privately held Arizona Chemical Holdings Corp. for a cash purchase price…

MHI names leader for newly established Paris-based subsidiary

Effective October 1, Mitsubishi Heavy Industries, Ltd. (MHI; www.mhi-global.com) has appointed senior vice president Yoshihiro Shiraiwa to serve as president of Mitsubishi Heavy Industries France S.A.S. (MHIF), a wholly owned subsidiary based in Paris, marking the start of a new…

Inovyn to build large-scale potassium hydroxide plant in Belgium

Inovyn (www.inovyn.com), a joint venture between Solvay S.A. (Brussels, Belgium; www.solvay.com) and Ineos Technologies (Rolle, Switzerland; www.ineos.com) announced that it is planning a major investment in a large scale potassium hydroxide (KOH) production facility at its Antwerp/Lillo site, Belgium. This…

BASF to build production facility based on Genomatica’s renewable BDO technology

BASF SE (Ludwigshafen, Germany; www.basf.com) and Genomatica (San Diego, Calif.; www.genomatica.com) have expanded the scope of their license agreement for the production of 1,4-butanediol based on renewable feedstock (renewable BDO) using Genomatica’s patented process. The parties added certain countries in Southeast Asia to…

AkzoNobel to expand Performance Coatings operations in Vietnam

AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) has announced plans to invest in its Performance Coatings business in Vietnam. In addition to doubling capacity at its powder coatings facility in Dong Nai, the company also intends to open a new office for…

ABEL Pumps acquired by Hillenbrand

Hillenbrand, Inc. (www.hillenbrand.com) has entered into a definitive agreement to acquire ABEL GmbH & Co. KG (Büchen, Germany; www.abelpumps.com) and certain of its affiliates from Roper Technologies for €95 million in cash. The transaction is expected to close within approximately…

PPG completes expansion of coatings facility in Spain

PPG Industries, Inc. (Pittsburgh, Pa.; www.ppg.com) announced the completion of a $3.8 million expansion at its coatings manufacturing facility in Laguna de Duero, Valladolid, Spain. The investment provides new mixing and blending equipment at the facility that will support an…

Ube to expand manufacturing capacity for lithium-ion battery separators

Ube Industries, Ltd. (Ube; Tokyo, Japan; www.ube-ind.co.jp) announced that it has decided to expand its production capacity for lithium-ion battery separators by rebuilding existing facilities at its Ube Chemical Factory (Ube City, Yamaguchi Prefecture, Japan) while also establishing new production…

Amec Foster Wheeler awarded contract for Louisiana methanol plant

Amec Foster Wheeler (London, U.K.; www.amecfw.com) announced the award of a contract by Yuhuang Chemical Inc. (YCI), a U.S.-based subsidiary of Shandong Yuhuang Chemical Company Co. (SYCC), for its first major project in the U.S., a world-scale methanol facility on…