AGY (Aiken, S.C.; www.agy.com), a global producer of glass-fiber yarns and glass-fiber reinforcements, has announced the start of production of S-1 HM glass in conjunction with CTG/Taishan Fiberglass. The material was developed by AGY and will be produced by CTG/Taishan…
Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com) recently opened a new plant at its production site in Bayport, Texas, which is currently the company’s second largest in the world. The new plant is devoted to producing Topsøe’s VK portfolio of extruded…
Praxair, Inc. (Danbury, Conn.; www.praxair.com), through a subsidiary, has signed a longterm contract to supply industrial gases to Nanjing Jinling Huntsman New Materials Co., Ltd., a joint venture (JV) between Sinopec Jinling and Huntsman Corp. (The Woodlands, Tex.; www.huntsman.com). Jinling…
Evonik Industries AG (Essen, Germany; www.evonik.com) is building a new production plant for polymer dispersants at the Goldschmidtstrasse site in Essen. The specialty chemicals company is thus investing an amount in the double-digit-million-euro range and is tripling its global capacity…
Stepan Co. (Northfield, Ill.; www.stepan.com), through its subsidiary in Brazil, has reported that it has reached an agreement with Procter & Gamble do Brasil S.A. to acquire their sulfonation production facility in Bahia, Brazil subject to approval by the Brazilian…
3M (St. Paul, Minn.; www.3m.com) announced that it will acquire, through Sumitomo 3M, Sumitomo Electric Industries Ltd.’s 25% percent interest in Sumitomo 3M Ltd. for approximately $885 million. Upon completion of the cash transaction, 3M will own 100% of Sumitomo…
Evonik Industries AG (Essen, Germany; www.evonik.com) has closed on an equity investment in Biosynthetic Technologies, LLC (BT; Irvine, Calif.; www.biosynthetic.com), a specialist in biobased lubricants. BT has developed and manufactures a new class of bio-based synthetic oils called estolides that…
Celanese Corp. (Irving, Tex.; www.celanese.com) has announced that it will expand its manufacturing capabilities at the company’s Suzano, Brazil, facility to include Celstran long-fiber reinforced thermoplastics (LFRT) production. The Celstran expansion is expected to be operational by mid-2015. This new…
Albemarle Corp. (Baton Rouge, La.; www.albemarle.com) and Rockwood Holdings, Inc. have announced that they have entered into a definitive agreement under which Albemarle will acquire all outstanding shares of Rockwood in a cash and stock transaction valued at approximately $6.2…
Evonik Industries AG (Essen, Germany; www.evonik.com) and Jiangsu Zhongneng Polysilicon Technology Development Co. Ltd., a wholly owned subsidiary of GCL-Poly Energy Holdings Limited (GCL-Poly), have signed a letter of intent to establish a joint venture for the production of fumed…