Latest News: Business
BASF to divest global textile chemicals business to Archroma
BASF SE (Ludwigshafen, Germany; www.basf.com) and Archroma (Reinach, Switzerland www.archroma.com) have agreed on the sale of BASF’s global textile chemicals business to Archroma, a supplier of specialty chemicals to the textile, paper and emulsions industries. Archroma is a portfolio company…
Evonik opens new production facility in Brazil
Evonik Industries AG (Essen, Germany; www.evonik.com) will start operations in a new plant to produce ingredients for customers in the cosmetic and consumer goods industries in Americana (São Paulo state, Brazil). This is another step in the specialty chemicals company’s…
A. Schulman forms strategic partnership with South Korean PPS producer
A. Schulman, Inc. (Akron, Ohio; www.aschulman.com) has announced that it has signed an agreement and a strategic partnership with the South Korean polymer producer INITZ for the compounding and marketing of INITZ Co., Ltd.'s Ecotran polyphenylene sulfide (PPS) compounds. A.…
HIMA to supply safety systems to Borealis sites worldwide
HIMA Paul Hildebrandt GmbH + Co KG (HIMA; Bruehl, Germany; www.hima.com) has announced a three-year agreement with Borealis AG (Vienna, Austria; www.borealisgroup.com) to provide safety instrumented systems (SIS), components and related services to Borealis sites around the world. HIMA,…
Cortec expands production of corrosion inhibitors in Europe
Cortec Corp. (St. Paul, Minn.; www.cortecvci.com) has announced an expansion of its EcoCortec brand in Europe. At its plant located in Beli Manastir, Croatia, the company has recently introduced a new extrusion line with higher capacity, boosting the plant’s production…
Foster Wheeler awarded EPC contract for Clean Fuels Project at Salina Cruz
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement and construction (EPC) contract by Pemex Refinacion for an ultra-low sulfur diesel (ULSD) project at the Salina…
CB&I lands gasification-technology contract in China
CB&I (The Woodlands, Rex.; www.cbi.com) has been awarded a contract by Shandong Sincier Petrochemical Co. for the license and engineering design of a gasification unit to be built near Dongying, Shandong Province, China. The unit will utilize CB&I's proprietary E-GasPlus…
Lion Copolymer acquires elastomers business from Ashland
Ashland Inc. (Covington, Ky.; www.ashland.com) and Lion Copolymer Holdings, LLC (Geismar, La.; www.lioncopolymer.com) have announced that they have reached a definitive agreement under which Lion Copolymer will purchase Ashland’s elastomers business based in Port Neches, Tex. The transaction is expected…
Kemira inaugurates its largest water-treatment chemicals plant
Kemira Oyj (Helsinki; www.kemira.com) has announced the inauguration of its biggest water treatment chemicals manufacturing plant. Together with companies involved in the construction, business partners and customers from Germany, France and Benelux, the celebration offers a unique behind-the-scenes glimpse of…
Clariant invests in personal- and home-care segments in Asia
Clariant AG (Muttenz, Switzerland; www.clariant.com) will build a new production facility at its Tangerang site in Indonesia to support regional demands in the personal and home care industry. The overall investment of approx. CHF17 million in combined esterquat and methylquat…