Royal DSM (Heerlen, the Netherlands; www.dsm.com) has finalized the sale of its Euroresins business to Cathay Investments. The divestment was announced on December 23, 2014. Euroresins is a distributor of products to the composite resins industry with activities in nine…
Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed a global license agreement with polymer technology company Revolymer Ltd. (Flintshire, U.K.; www.revolymer.com) to exclusively apply its encapsulation technology to boost the performance of Solvay’s organic peroxide Eureco, which is used in detergents and…
Wood Group Mustang’s (Houston; www.mustangeng.com) Automation and Control business unit is providing process control systems detailed engineering, procurement and fabrication services for the multi-billion dollar expansion project by ExxonMobil Chemical Co. (Houston; www.exxonmobilchemical.com) at the Baytown and Mont Belvieu plants…
AkzoNobel’s (Amsterdam, the Netherlands; www.akzonobel.com) Specialty Chemicals business recently broke ground on a new alkoxylation facility in Ningbo, China, bringing the company’s total investment in the strategic multi-site to more than €400 million. As well as contributing to AkzoNobel’s position…
Becht Engineering Co. (Liberty Corner, N.J.; www.becht.com) has announced that it has acquired The Cecon Group (Wilmington, Del.). Terms of the transaction were not announced. Becht Engineering provides engineering consulting services to the energy sector, including oil-and-gas production, refining, petrochemical,…
Victrex plc (Thornton Cleveleys, U.K.; www.victrex.com), a leader in high-performance polyaryletherketone (PAEK) polymers is planning to increase its global technology leadership with the construction of a major Polymer Innovation Center in northern England. Financial assistance for the project has come…
Air Liquide (Paris, France; www.airliquide.com) and Sasol Ltd. (Johannesburg, South Africa; www.sasol.co.za) have signed a longterm agreement for the supply of large quantities of industrial gases to Sasol’s Secunda site (around 140 km East of Johannesburg, South Africa). Air Liquide will invest…
Asahi Kasei Chemicals Corp. (Tokyo, Japan; www.asahi-kasei.co.jp) has entered into a definitive merger agreement to acquire Polypore International, Inc. (Charlotte, N.C.; www.polypore.net), a manufacturer of microporous membranes, which currently has two business segments: Energy Storage and Separations Media. In conjunction…
ThyssenKrupp Industrial Solutions AG (Essen, Germany; www.thyssenkrupp-industrial-solutions.com) has won a followup order from the Hungarian fertilizer manufacturer Nitrogénmüvek Zrt. to expand its production capacity. A 1,150 metric ton per day (m.t./d) nitric acid plant is to be built at Pétfürdö,…
Technip (Paris, France; www.technip.com) has been awarded a substantial (in the €250- to €500-million range) lump-sum, turnkey contract by Duslo a.s. to develop the engineering, procurement and construction (EPC) of a new ammonia production unit in the existing fertilizer complex…