BASF SE (Ludwigshafen, Germany; www.basf.com) announced that it has signed an agreement to sell its Bleaching Clay and Mineral Adsorbents businesses to EP Minerals LLC, a worldwide leader in industrial minerals. Financial details of the divestiture are not being disclosed.…
PPG Industries, Inc. (Pittsburgh, Pa.; www.ppg.com) has purchased the remaining 50% ownership interest in its Asian joint venture (JV) comprising IVC (Malaysia) Sdn Bhd and IVC-OPS (Singapore) Pte. Ltd. from its joint-venture partner, Omni-Plus System Pte. Ltd. Financial terms were…
Air Products (Lehigh Valley, Pa.; www.airproducts.com) announced that it has started up another new oxygen and nitrogen plant in the Guangdong province in South China. The plant further enhances the company’s production capacity and supply position in this important industrial…
IDEC Corp. (Osaka, Japan; www.idec.com), a leading manufacturer of industrial automation and control devices, announces the recent acquisition of APEM (www.apem.com). Together, IDEC and APEM are now one of the world’s largest manufacturers of human machine interface (HMI) components, panels…
Air Liquide (Paris, France; www.airliquide.com) and Oman Oil Refineries and Petroleum Industries Company (Orpic), Oman’s national refining company, recently signed a longterm agreement for the supply of nitrogen to the Liwa Plastics Industries Complex (LPIC), a new plastics production complex that…
Victrex plc (Thornton Cleveleys, U.K.; www.victrex.com) announced that it has acquired Zyex (Stonehouse, U.K.), a recognized global leader in the manufacture of PEEK (polyetheretherketone) based fibers, principally for the aerospace, automotive, and industrial markets. The move further enables Victrex to…
Atlas Copco (Stockholm, Sweden; www.atlascopco.com) has agreed to acquire Pressure Compressores Ltda., a Brazilian manufacturer of piston compressors and related equipment. Pressure Compressores is based in Maringá in the state of Parana, Brazil. The company offers a broad range of piston…
ExxonMobil Chemical Co. (www.exxonmobilchemical.com), a division of Exxon Mobil Corp. (Irving, Tex.; www.exxonmobil.com), recently announced that it is expanding the capacity of its global hydrocarbon fluid assets by more than 250,000 metric tons per year (m.t./yr) at its world-scale petrochemical…
Compañía Española de Petróleos S.A.U. (Cepsa; Madrid, Spain; www.cepsa.com) has completed a revamping project to expand production at its Deten Química plant in Brazil. The revamping process allows it to increase the plant’s production capacity up to 260,000 metric tons…
GEA AG (Düsseldorf, Germany; www.gea.com) is reaching new horizons with several state-of-the-art projects in the oil-and-gas market. Expanded and strong global presence of GEA in this industry secured larger orders in the double-digit million Euro range in total in Oman,…