Dow Inc. (Midland, Mich.) announced the mechanical completion of its new VORATRON Polyurethanes Systems adhesive and gap filler production line at its Polyurethanes Systems House in Ahlen, Germany. Dow will increase capacity of its VORATRON Polyurethane Systems product family tenfold…
LyondellBasell Industries N.V. (LYB; Rotterdam, the Netherlands) announced the establishment of a new distribution hub in Hungary for its polyolefins grades. This distribution hub in Hungary is an important addition to the LyondellBasell global footprint. In addition to existing distribution…
Shin-Etsu Chemical Co. (Tokyo) announced plans to establish a new company, Shin-Etsu Silicone (Pinghu) Co., Ltd., in Zhejiang Province, China, and construct a new silicone products plant to expand its silicone business. Shin-Etsu Chemical established Zhejiang Shin-Etsu High-Tech Chemical Co.,…
MAIRE S.p.A. (Milan) announced that its Sustainable Technology Solutions business, Nextchem, has finalized the acquisition of 100% of GasConTec GmbH (GCT), an innovative company specialized in technology development and process engineering. Founded in 2017, GCT is located in Bad Homburg,…
MOL Group (Budapest, Hungary) announced the inauguration of its €1.3-billion polyol complex in Tiszaújváros, Hungary. The new facility has a production capacity of around 200,000 metric tons per year (m.t./yr) of polyol per year. The ceremony, addressed by Prime Minister…
Thermon Group Holdings, Inc. (Austin, Tex.), a global leader in industrial process heating, announced that it is bolstering its customer response times and capabilities with the completion of its recently modernized and expanded manufacturing facilities in Orillia and Oakville, Ontario.…
Axalta Coating Systems (Philadelphia, Pa.) announced that it has entered into a definitive agreement to acquire The CoverFlexx Group (Brighton, Mich.) from Transtar Holding Company for initial cash consideration of $285 million, plus an additional $10 million earnout based on…
Honeywell International Inc. (Charlotte, N.C.) and Weatherford International (Houston) announced a partnership to deliver a comprehensive emissions management solution for the energy industry. The agreement combines Honeywell's emissions management suite with Weatherford's Cygnet SCADA platform, providing customers with a powerful…
3M (St. Paul, Minn.) has cut the ribbon on a new 90,000-square-foot expansion at the company’s facility in Valley, Nebraska, that will increase the plant’s manufacturing capacity and add new jobs to the community. The $67 million investment includes new…
BASF SE (Ludwigshafen, Germany) plans to invest in the expansion of its advanced additives plant at its Nanjing, China site. Driven by the rapidly growing market demand in Asia and beyond, this new expansion includes a state-of-the-art production line for…