Latest News: Business
Kemira expands production capacity at San Giorgio site in Italy
Kemira Oyj (Helsinki; www.kemira.com) will make a multimillion-Euro investment in a production line expansion of process and functional chemicals at the San Giorgio site in Italy. The production commences in early 2015 and is expected reach full production capacity by the…
Kuraray divesting polyvinyl butyral business for $15.3 million
Kuraray Co. (Tokyo, Japan; www.kuraray.co.jp/en) has reached an agreement to sell the European polyvinyl butyral (PVB) film business formerly owned by subsidiaries of DuPont (Wilmington, Del.; www.dupont.com) to GVC S.A., a Luxembourg-based subsidiary company of GVC Holdings, Inc. (Montvale, N.J.;…
U.S. industrial production and chemical production rose in Sept., ACC says
Citing recent data from the U.S. Federal Reserve (Washington, D.C.; www.federalreserve.gov), the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) said that overall industrial production, as well as production within the chemical industry rose in September. In the latest ACC…
Abengoa biorefinery opens in Kansas
Abengoa (Seville, Spain; www.abengoa.com) has announced the official grand opening of its second-generation cellulosic ethanol plant in Hugoton, Kan., located about 90 miles southwest of Dodge City. Abengoa’s new biorefinery finished construction in mid-August and began producing cellulosic ethanol…
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…
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…
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…