ICL’s (Tel Aviv, Israel; www.icl-group.com) Performance Products segment (ICL PP) has agreed to sell its Germany-based Pharma, Cosmetics and Gypsum (PCG) business to an affiliate of One Rock Capital Partners (New York, N.Y.). The share and asset purchase transaction is…
Johnson Matthey (London; www.matthey.com) announced that is has acquired the StePac Modified Atmosphere Packaging (MAP) business from DS Smith for £18.0 million, subject to typical post-closing adjustments. The transaction, which includes all assets of StePac, is an important step in…
Oxea (Oberhausen, Germany; www.oxea-chemicals.com) has decided to enlist the services of chemical distributor IMCD Group B.V. (Rotterdam, The Netherlands; www.imcdgroup.com) to distribute Oxea’s broad range of carboxylic acids in the U.K., Ireland, and the Nordic region. “For us at Oxea…
ITT Corp. (White Plains, N.Y.; www.itt.com) announced that it is expanding its manufacturing operations in Westminster, S.C., by investing approximately $1 million to build a new test facility. The investment is part of a total of $2.5 million that the…
Royal DSM (Heerlen, the Netherlands; www.dsm.com) and Zhejiang NHU Co., who specializes in the production of food additives, feed additives, polymers and materials, announce the formation of a new joint venture (JV) company for the market development and manufacturing of…
Perstorp Holding AB (Malmö, Sweden; www.perstorp.com) officially opened a major extension to its capacity to produce PVC plasticizers and key chemical intermediates. The new state-of-the-art oxo plant in Stenungsund, Sweden, began producing material soon after its start-up in January, and…
Celanese Corp. (Irving, Tex.; www.celanese.com) announced the appointment of Pat Quarles as executive vice president and president, Acetyl Chain and Integrated Supply Chain, and Scott Sutton as executive vice president and president, Materials Solutions, effective June 1, 2015. Both executives…
W.R. Grace & Co. (Columbia, Md.; www.grace.com) announced that Advanced Refining Technologies (ART), the company’s joint venture (JV) with Chevron Products Co., will invest approximately $135 million to build a residue hydroprocessing catalyst plant and additional alumina capacity at the…
Royal DSM (Heerlen, the Netherlands; www.dsm.com) and Ascend Performance Materials Inc. have announced that they have formed a global strategic alliance for the supply of compounds based on polyamide 66 (PA66). Under the agreement, Ascend becomes the strategic supplier to…
Evonik Industries AG (Essen, Germany; www.evonik.com) has doubled its production capacities for Visiomer MAAH (methacrylic anhydride) at its site in Worms, Germany. Visiomer MAAH is an important building block in the production of specialty methacrylates, which are used in concrete additives,…