Sika AG (Baar, Switzerland) has agreed to acquire Supermassa do Brasil Ltda, a mortar manufacturer which operates under the brand BR Massa in the Brazilian market. The acquisition will enhance Sika’s position in the region of Minas Gerais, one of…
Royal DSM N.V. (Herleen, the Netherlands) has reached an agreement to sell its Advanced Solar business in backsheet products to Worthen Industries, Inc., a company specializing in polymer technologies for multiple end-markets. In September 2020, DSM announced it had reached…
Thermo Fisher Scientific Inc. (Waltham, Mass.) announced plans to invest more than $600 million in capital investments to expand its bioprocessing production capabilities through 2022. These investments are expected to more than double the company's current manufacturing capacity and support…
Bentley Systems, Inc. (Exton, Pa.) has entered into a definitive agreement with investors led by Accel-KKR to acquire Seequent Ltd. (Christchurch, New Zealand) — a leader in software for geological and geophysical modeling, geotechnical stability, and cloud services for geodata…
As part of its broader investment plan to drive innovation and growth in its specialty product lines, Hexion Inc. (Columbus, Ohio) intends to expand its Portland, Oregon, manufacturing site. The company is beginning the permitting stages of a second automated…
Siemens AG (Munich, Germany) has successfully closed the sale of Flender GmbH to The Carlyle Group for €2.025 billion (enterprise value). In October 2020, Siemens announced its plans to sell the specialized supplier of mechanical and electrical drive systems to…
BASF SE (Ludwigshafen, Germany) has recently signed two distinct partnerships agreements to expand its global leading position in the bio-based surfactants and actives market. A strategic alliance with Japan-based Allied Carbon Solutions Co.,Ltd (ACS) includes an equity stake and makes…
Praj Industries Ltd. (Pune, India) has been awarded a breakthrough project order from Hindustan Petroleum Corporation Limited (HPCL) for setting up a Compressed Biogas (CBG) project at Badaun in Uttar Pradesh, India. Praj is offering its first-of-its-kind RenGas technology developed…
BASF SE (Ludwigshafen, Germany) started up its new acrylic dispersions production line in Pasir Gudang, Malaysia, doubling its capacity. The state-of-the-art facility will produce acrylic dispersions serving the coatings, construction, adhesives, and packaging industries in Asia Pacific. The new production…
Solvay S.A. (Brussels, Belgium) has built a new Electronic-Grade production facility for high-purity H2O2 at its Bernburg site in Germany. "Developments in society and technology in recent years have reinforced our belief that demand for our product can only grow."…