Norsk Hydro ASA (Oslo, Norway; www.hydro.com) has entered into an agreement with Yara International ASA (Oslo, Norway; www.yara.com) regarding the sale of Herøya Nett AS and the quay facility at Herøya Industrial park. The transfer, including around 30 employees, will…
Perstorp Holding AB (Malmö, Sweden; www.perstorp.com) today announces the sale of its additives activities primarily serving the paints and coatings industry produced at its facility at Gent Belgium, Perstorp Oxo Belgium AB to Synthomer plc. The total consideration for the…
Praxair, Inc. (Danbury, Conn.; www.praxair.com) and its customer Libbey Inc. have been awarded a 2.3 million euro LIFE grant (LIFE15 CCM/NL/000121 – LIFE OPTIMELT) from the European Commission. The LIFE program is the European Union’s financial instrument for supporting environmental,…
BASF SE’s (Ludwigshafen, Germany; www.basf.com) BASF Catalysts India Private Ltd. inaugurated its new mobile emissions catalysts manufacturing site. The site includes a new 47,000-square-meter production plant, which replaces an existing BASF plant in Chennai and is the culmination of a…
Air Liquide (Paris, France; www.airliquide.com) announced that it has entered into exclusive negotiations with Lincoln Electric Holdings, Inc. (Cleveland, Ohio; www.lincolnelectric.com), a world leader in design, development and manufacture of arc welding products, robotic arc welding systems, plasma and oxy-fuel cutting…
Siemens AG (Munich, Germany; www.siemens.com) and its Dresser-Rand business will supply two gas-turbine-driven compressor trains and two gas-turbine generator packages for the Liwa Plastics Industries Complex, a major petrochemical project in Oman. The natural gas liquids (NGL) extraction plant in…
PPG Industries, Inc. (Pittsburgh, Pa.; www.ppg.com) marked the completion of a new $19-million high-performance waterborne and high-solids coatings production line at its Wuhu facility in Anhui province, China. The new line enhances the production and service capabilities of PPG’s automotive…
Evonik Industries AG (Essen, Germany; www.evonik.com) announced that Klaus Engel, Chairman of Evonik's Executive Board, is to hand over responsibilities to his designated successor, Christian Kullmann. Engel will be leaving the company at the end of the Annual Shareholders’ Meeting…
Henkel AG & Co. KGaA (Düsseldorf, Germany; www.henkel.com) has entered into exclusive negotiations with GCP Applied Technologies to acquire their global Darex Packaging Technologies business for $1.05 billion (around 995 million euros) on a cash and debt free basis. Henkel…
Zachry Group (San Antonio, Tex.; www.zachrygroup.com) has acquired Chicago-based Ambitech Engineering Corp., a global, full-service provider of engineering, design, project management, procurement and construction management services. Ambitech, established in 1982, has 750 employees in multiple locations across the U.S., as…