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Technip and BP extend alliance to include acetic acid

Technip (Paris, France; www.technip.com) has extended its successful exclusive PTA alliance with BP plc (London; www.bp.com) to include Acetic Acid. The Acetic Acid Alliance, relevant to front-end loading (FEL) 1 and 2 stages of fully owned and joint-venture projects developed…

Corbion to sell its blender manufacturing division

Corbion (Amsterdam, the Netherlands; www.corbion.com) has agreed to sell its Breddo-Likwifier division to Ensight Solutions LLC (a wholly-owned subsidiary of AmProd Holdings LLC) in order for Corbion to  focus on high value-add food ingredients.  The sale was effective on December…

Wacker to build new pyrogenic silica plant in Tennessee

Wacker Chemie AG (Munich, Germany; www.wacker.com) will build a new production plant for its HDK brand of pyrogenic silica at its Charleston, Tenn. site. The new facility, with an annual capacity of about 13,000 metric tons, is anticipated to involve…

Evonik to build precipitated silica plant in South Carolina

Evonik Industries AG (Essen, Germany; www.evonik.com) is building a production plant for precipitated silica in South Carolina to supply the tire industry. The industry needs high-quality precipitated silica for producing fuel-efficient tires with good wet grip properties, which can save…

KBR names new chief financial officer

KBR, Inc. (Houston; www.kbr.com) announced that in the first quarter of 2017, Mark Sopp will join the company as Chief Financial Officer (CFO). Current CFO Brian Ferraioli has decided to retire to spend more time with family. Ferraioli and Sopp…

Avery Dennison to acquire Hanita Coatings for $75 million

Avery Dennison Corp. (Glendale, Calif.; www.averydennison.com) announced it has agreed to acquire Hanita Coatings, a pressure-sensitive materials manufacturer of specialty films and laminates from Kibbutz Hanita Coatings and Tene Investment Funds for the purchase price of $75 million, subject to…

Lenzing to build specialty fibers plant in Alabama

The Lenzing Group (Lenzing, Austria; www.lenzing.com) aims to increase the share of specialty fibers as a percentage of revenue to 50% by 2020. Following the previously announced expansion plans for Lenzing, Heiligenkreuz (Austria) and Grimsby (Great Britain), the Supervisory Board…

Black & Veatch, Casale: Global Licensing Agreement for Fertilizers, Melamine and Methanol Technologies

Black & Veatch (Overland Park, Kan.; www.bv.com) and Casale S.A. (Lugano, Switzerland; www.casale.ch) have signed a global licensing and cooperation agreement that designates Black & Veatch as a licensee for Casale’s innovative fertilizers, melamine, methanol and related chemical technologies. The…

Kuwait Oil awards Black & Veatch technology license contract for SRU and AGRU technology

Black & Veatch (Overland Park, Kan.; www.bv.com) has secured a contract for the licensing technology and related services for sulfur recovery units (SRU) and acid-gas removal units (AGRU) to support natural gas processing on the Jurassic field, a project central…

Eastman takes full ownership of TALT JV

Eastman Chemical Co. (Kingsport, Tenn.; www.eastman.com) announced that its wholly owned subsidiary Taminco BVBA has reached an agreement to acquire the 50% of shares of Te An Ling Tian Fine Chemical Co., Ltd. (TALT), its joint venture with Mitsubishi Gas…