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Evonik to acquire Monarch Catalysts

Evonik Industries AG (Essen, Germany; www.evonik.com) has signed an agreement with Monarch Catalyst Pvt. Ltd., Dombivli (India) to acquire 100% of the company’s shares. The transaction is expected to close during the first half year of 2015 after the required…

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Alcoa expands titanium, specialty metal offerings with RTI acquisition

Alcoa Inc. (Pittsburgh, Pa.; www.alcoa.com) has signed a definitive agreement to acquire RTI International Metals, Inc., a global supplier of titanium and specialty metal products and services for the commercial aerospace, defense, energy and medical device markets. Alcoa will purchase…

Data analytics company Wood Mackenzie acquired by Verisk

Verisk Analytics, Inc. (Jersey City, N.J.; www.verisk.com) a leading data analytics provider, announced it has signed a definitive agreement to acquire Wood Mackenzie (www.woodmac.com) from Hellman & Friedman and other Wood Mackenzie shareholders. Wood Mackenzie is a global leader in…

Arkema to expand production of PEKK specialty polymer in the U.S. and France

Arkema (Colombes, France; www.arkema.com) is actively developing its new Kepstan PEKK (Poly-Ether-Ketone-Ketone) ultra-high-performance polymer with applications in the fields of carbon fiber composites and 3-d printing. Success in these fields has prompted Arkema to increase its production capacities in France…

Sonoco acquires majority stake in Brazilian packaging firm

Sonoco Products Co. (Hartsville, S.C.; www.sonoco.com), announced the signing of a definitive agreement to acquire a majority interest in Graffo Paranaense de Embalagens S/A (Graffo), a closely held flexible packaging business located in Pinhais, Curitiba, Brazil. Terms were not disclosed,…

Chemical Heritage Foundation names new vice president

The Chemical Heritage Foundation (CHF; Philadelphia, Pa.; www.chemheritage.org) has named Kathryn Humphreys vice president of development. Humphreys comes to CHF from Cornell University, where she provided leadership and direction for fundraising, alumni programs, donor relations, and stewardship in the College…

Perstorp starts up plant in Sweden

Perstorp Holding AB (Malmö, Sweden; www.perstorp.com) announces the successful startup of a new major investment in Sweden. Production of key raw materials for Perstorp’s general-purpose PVC plasticizers, valeraldehyde and 2-propylheptanol, and associated chemicals, at a major extension to the company’s…

Total acquires majority stake in Polyblend

Total S.A. (Paris, France; www.total.com) has acquired a majority 68% interest in Germany's Polyblend, which manufactures polymer plastics intended primarily for the automotive industry. The transaction is aligned with Total's strategy of developing higher-value-added polymers and differentiating itself in markets…

ABB to build manufacturing site in Tennessee

ABB (Zurich, Switzerland; www.abb.com) will invest $30 million in building a new manufacturing site and expanding its customer experience center for its Low Voltage Products division near Memphis, Tenn. The investment will initially create more than 200 jobs, with a…