Mobile Navigation

Business & Economics

Linde names two new executive board members

The Linde Group’s (Munich, Germany; www.linde.com) Supervisory Board has appointed Christian Bruch (44) and Bernd Eulitz (49) as new members of its Executive Board, effective from 1 January 2015. Bruch and Eulitz will succeed Professor Aldo Belloni (64), who will…

Johnson Matthey acquires pharmaceuticals manufacturing site in Scotland

Johnson Matthey (London; www.matthey.com) has announced completion of an acquisition of pharmaceutical manufacturing capacity in Scotland, U.K. The 109,000 m2 site was acquired to meet increasing demand for custom pharmaceutical services and active ingredients utilizing enhanced manufacturing capabilities. Located in…

Global CPRI rises in October, driven by North America, ACC report says

The Global Chemical Production Regional Index (Global CPRI) rose 0.2% in October on a three-month-moving-average basis, according the latest Weekly Chemistry and Economics Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The gain indicates that fourth-quarter chemical production…

A. Schulman to double masterbatches capacity in Dongguan

A. Schulman, Inc. (Akron, Ohio; www.aschulman.com) has added equipment in its manufacturing facility in Dongguan, China to accommodate increasing demand in the company's Masterbatch Solutions business. This new production line, which the company expects will ramp up in volume over the next…

Vertellus acquires sodium borohydride business from Dow

Vertellus (Indianapolis, Ind.; www.vertellus.com) has signed a definitive agreement to acquire the Sodium Borohydride (SBH) business, including associated assets, from The Dow Chemical Company (Midland, Mich.; www.dow.com). Vertellus is a portfolio company of Chicago-based private-equity firm Wind Point Partners.  Wind…

ACS names DuPont’s Thomas Connelly as new CEO

The American Chemical Society (ACS; Washington D.C.; www.acs.org) Board of Directors has named Thomas M. Connelly, Jr., Ph.D., executive vice president and chief innovation officer at DuPont, the Society’s next executive director and chief executive officer (CEO), effective February 17,…

Member Exclusive

KBR signs ammonia technology alliance with PT Rekayasa Industri  

KBR Inc. (Houston; www.kbr.com) has signed an agreement with PT Rekayasa Industri (REKIND) to provide ammonia technology in the Indonesian, Southeast Asian and Asian markets. Under this agreement, REKIND will exclusively promote and license KBR’s proprietary ammonia technology, along with…

Member Exclusive

KBR awarded catalytic olefins technology contract  

KBR Inc. (Houston; www.kbr.com) recently won a contract, by Lotte Chemical Titan (M) SDN. BHD., to provide licensing and basic engineering design services to revamp an existing steam-cracker plant in the Asia Pacific Region. Under the terms of the contract,…

Member Exclusive

Solvay boosts resin production capacity in India 

Solvay S.A. (Brussels, Belgium; www.solvay.com) is increasing resin production capacity at its plant in Panoli, Gujarat state in India, by 25% to support strong demand for its innovative ultra-high performance polymers KetaSpire and AvaSpire. Solvay's Global Business Unit Specialty Polymers…

Showa Denko and UOP open high-silica zeolite plant in Japan

Union Showa (USKK), a joint venture (JV) between Showa Denko K.K. (SDK; Tokyo, Japan; www.sdk.co.jp) and UOP LLC (Des Plaines, Ill.; www.uop.com) has completed the construction of a new high-silica zeolite plant within the premises of SDK’s Higashinagahara Plant in…