Huntsman Corp. (The Woodlands, Tex.; www.huntsman.com) has completed the sale of its European surfactants business to Innospec Inc. (Littleton, Colo.; www.innospecinc.com) for an enterprise value of $225 million. This business represented approximately $24 million of EBITDA in 2015. Huntsman intends…
LanzaTech (Skokie, Ill.; www.lanzatech.com) has been selected by the U.S. Department of Energy’s (DOE) Bioenergy Technologies Office (BETO) to receive a $4-million award to design and plan a demonstration-scale facility using industrial off-gases to produce 3 million gal/yr of low-carbon…
Alpek S.A.B. de C.V. (San Pedro Garza Garcia, Mexico; www.alpek.com) has signed a share purchase agreement with Petroleo Brasileiro S.A. (Petrobras) for the acquisition of its 100% stake in Companhia Petroquimica de Pernambuco (Petroquímica Suape) and Companhia Integrada Têxtil de…
SNC-Lavalin (Montreal, Quebec, Canada; www.snclavalin.com) has signed and closed an agreement to sell its ongoing activities in France and in Monaco to Ciclad and Impact Holding for a nominal amount, including its investment in Société d’Exploitation de l’Aéroport de Mayotte.…
The following is a list of recently published books relevant to professionals in the chemical process industries (CPI). The Science of Ethanol, By Walter E. Goldstein, CRC Press, 2016, 294 pages, $129.95. Design and Processing of Particulate Products, By Jim…
Marsulex Environmental Technologies Corp. (MET; Lebanon, Pa.; www.met.net) and Sanders Lead Company Inc. (Troy, Alabama) have finalized a contract for the supply of MET’s proprietary ammonium-sulfate fluegas desulfurization (AS-FGD) system at their Troy, Alabama lead smelter and battery reclamation facility.…
The American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Global Chemical Production Regional Index (Global CPRI) shows that headline global production was flat during November on a three-month moving average (3MMA) basis. This follows two months of decline and fairly good…
The Chemical Activity Barometer (CAB), a leading economic indicator developed by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), ended the year on a strong note, posting a monthly gain of 0.3% and a year-over-year gain of 4.4%. This represents…
Global Bioenergies (Evry, France; www.global-bioenergies.com) signed a contribution agreement with the shareholders of Syngip B.V. to transfer all Syngip shares to Global Bioenergies S.A. The transaction’s completion remains subject to the fulfillment of several condition,s including approval by the shareholders of…
ES FiberVisions (ESFV), a joint venture between FiberVisions LLC, a subsidiary of Indorama Ventures PCL (Bangkok, Thailand; www.indoramaventures.com), and Japan's JNC Corp. held an opening ceremony to celebrate the completion of its newest plant in Rayong, Thailand. This facility was…