A wholly owned subsidiary of Toyo Engineering Corp. (Tokyo) in China has been awarded an engineering, procurement and construction (EPC) contract to construct a polyacetal (POM) plant in Nantong, China from a newly established Chinese subsidiary of Polyplastics Co., Ltd.…
Samsung Engineering Co. (Seoul, South Korea) signed a €1-billion contract with China National Chemical Engineering & Construction Corporation Seven, Ltd. (CC7), a Chinese state-owned construction company, for the engineering and procurement (EP) for the Ethane Cracker in Gas to Chemicals…
Saint-Gobain (Courbevoie, France) has entered into an agreement for the sale of its regional glass processing business Baltiklaas OÜ in Estonia to Polar Glass OÜ, a subsidiary of Barrus AS, the largest glued laminated timber manufacturer in Estonia and supplier…
Mitsui Chemicals, Inc. (Tokyo) announced plans to expand its production facilities for meltblown nonwovens at its wholly owned subsidiary Sunrex Industry Co., Ltd. The move comes as an effort to respond to growing demand for industrial-use meltblown nonwovens, which will…
Kaneka Corp. (Tokyo, Japan) plans to significantly increase production capacity for its biodegradable polymer product, Green Planet, in Japan. Green Planet holds promise as an innovative solution against environmental harm caused by single-use plastics due to its biodegradable characteristics, while…
PPG (Pittsburgh, Pa.) announced that it has entered into an agreement to acquire the powder coatings business of Arsonsisi, an industrial coatings company based in Milan, Italy. The transaction is expected to close in the first quarter of 2022, subject…
The Care Additives business of Eastman Chemical Co. (Kingsport, Tenn.) has announced the completion of a significant expansion of its tertiary amine capacity, primarily DIMLA 1214, at both its Ghent, Belgium, and Pace, Florida, manufacturing sites. The Ghent expansion has…
Borealis Group AG (Vienna, Austria) has received a binding offer from Eurochem Group AG (Zug, Switzerland) for the acquisition of Borealis’ nitrogen business including fertilizer, melamine and technical nitrogen products. The offer values the business on an enterprise value basis…
Linde plc (Guildford, U.K.) announced that it has signed an agreement to supply high-purity industrial gases to a leading semiconductor manufacturer in Singapore. Linde will build, own and operate a state-of-the-art SPECTRA generator to produce ultra-high-purity nitrogen and oxygen for…
Stora Enso Oyj (Helsinki, Finland) is investing €8 million to double its production capacity of formed fiber in Europe. With new machinery in Hylte, Sweden, Stora Enso will meet the increasing demand for formed fiber. The investment further strengthens Stora…