Elkem (Oslo, Norway) has signed an agreement to acquire a brand-new plant near Lyon in France, custom-designed for producing highly specialized organo-functional silicones (OFS). The acquisition underpins Elkem’s strategy of growth and specialization. The purchase price is in the low…
Arkema S.A. (Colombes, France) announced that Bostik has reinforced its presence in the fast-growing Brazilian construction adhesives market with the planned acquisition of Poliplas, a leader in hybrid-technology sealants and adhesives. This project is in line with Arkema’s targeted growth…
Sasol Ltd. (Johannesburg, South Africa) and waste management company GrnCat, have developed a solution to recover wax from spent catalysts. Since the GrnCat plant was commissioned in 2018, Sasol has recovered and reused more than 6,000 tons of clean wax,…
Merck KGaA (Darmstadt, Germany) announced an investment of $22 million at its site in Tempe, Arizona. The company previously leased the 95,000 square-foot facility from Lexington Tempe L.P. This investment gives Merck KGaA, Darmstadt, Germany the flexibility to invest in…
Sumitomo Chemical Co. (Tokyo, Japan) has decided to expand production capacity for photoresists for advanced semiconductor processes, including ArF (argon fluoride) immersion and EUV (extreme ultraviolet) lithography, by installing new production lines in its Osaka Works (Konohana-ku, Osaka, Japan). The…
Lonza AG (Basel, Switzerland) has entered into a definitive agreement with Bain Capital and Cinven to acquire Lonza’s Specialty Ingredients business and operations for an enterprise value of CHF 4.2 billion ($4.7 billion). Both Bain Capital and Cinven have strong…
Scandinavian Enviro Systems AB (Gothenburg, Sweden) and the French global tire manufacturer Michelin have today signed three definitive agreements that form the basis of the companies’ strategic partnership. The agreements regulate the terms for a jointly owned plant for the…
Honeywell announced that Shandong Yulong Petrochemical Co., Ltd. will use advanced reforming and aromatics technologies from Honeywell UOP (Des Plaines, Ill.) at its integrated petrochemical complex in Longkou, Shandong Province, China. UOP will provide a range of technology licenses, engineering…
INOX Air Products (INOXAP), Air Products’ India joint venture company, has announced that it has received a contract from ArcelorMittal Nippon Steel India Ltd. (AM/NS India) to set up its fifth cryogenic Air Separation Unit (ASU) at Hazira Plant. The…
Celanese Corp. (Dallas, Tex.) announced that its Singapore subsidiary, Celanese Singapore Pte. Ltd., has recently extended its long-term contract with Linde Gas Singapore Pte. Ltd. for the supply of carbon monoxide to its Singapore acetyls chemical facility located on Jurong…