Sulzer AG (Winterthur, Switzerland; www.sulzer.com) has signed a binding agreement to acquire Nordic Water for a purchase price of SEK 1.2 billion (around $144 million). Nordic Water is a leading provider of screening, sedimentation and filtration solutions for municipal and…
PPG (Pittsburgh, Pa.) announced that it has reached a definitive agreement to acquire Wörwag, a global manufacturer of coatings for industrial and automotive applications. The transaction is expected to close in the first half of 2021, subject to customary closing…
Wood plc (Aberdeen, Scotland) has secured a contract valued at over $120 million with Sinopec Hainan Refining and Chemical Limited Company (Sinopec) to provide engineering, procurement and construction (EPC) services to expand its refinery development in the Hainan Free Trade…
Celanese Corp. (Dallas, Tex.), a global chemical and specialty materials company, announced its intent to build a world-scale, multi-phase Liquid Crystal Polymer (LCP) polymerization plant in China to support the significant growth in its high-value Vectra and Zenite LCP product…
The VersaFlex Family of Companies (VersaFlex; Kansas City) announced it has reached a definitive agreement to be acquired by PPG (Pittsburgh, Pa.) VersaFlex is a manufacturer specializing in polyurea, epoxy, polyurethanes, custom plural component equipment, and geotechnical & insulation foams.…
Air Liquide (Paris) and Hefei Institutes of Physical Science of the Chinese Academy of Science (HFIPS) signed an agreement in Hefei to establish a joint venture (JV). This aims to boost the development and manufacturing of helium refrigeration systems, supporting…
Lanxess AG (Cologne, Germany) intends to further expand its Consumer Protection business and has entered into exclusive negotiations to acquire the Theseo group. The French group, headquartered in Laval, is a leading manufacturer of disinfection and hygiene solutions in Europe…
Albemarle Corporation (Charlotte, N.C.) announced that it will expand capacity at the company's lithium production facility in Silver Peak, Nev., and begin a program to evaluate clays and other available Nevada resources for commercial production of lithium, a critical mineral…
Nikkiso Cryogenic Industries’ Clean Energy and Industrial Gases Group (Group), a part of Nikkiso Co., Ltd (Japan), announced the sale of its Turboexpander Business Line to Air Liquide (Paris). Located mainly in Santa Ana, California, the Turboexpander Business Line designs,…
Sulzer Chemtech’s (Winterthur, Switzerland) proprietary separation technology for lactide production has been selected for Zhejiang Depei New Material Co.’s latest plant in Ningbo, Zhejiang province, China. The processing equipment will enable the company to produce large volumes of high-quality lactide…