Foster Wheeler AG (Zug, Switzerland: www.fwc.com) has acquired Yonkers Industries, Inc. (Cary, N.C.; www.yonkersindustries.com), a 30-year-old firm that specializes in the management of construction and commissioning of pharmaceutical and biotech facilities, with capabilities to also manage the full EPCm (engineering,…
SNF Group (Andrézieux, France; www.snf.fr) has begun production of its first Chinese quaternized-monomer plant in Taixing. The plant has a monomer capacity of 15,000 metric tons (m.t.) per year and a quaternized-monomer capacity of 25,000 m.t./yr This new unit will…
Watlow (St. Louis, Mo.; www.watlow.com), an industry leader in the design and manufacture of complete thermal systems, announced today that it acquired Semiconductor Tooling Services, Inc. (STS; San Jose, Calif.) as a wholly-owned subsidiary. The terms of the agreement will…
Technology, engineering and project-management company Neste Jacobs Oy (Porvoo, Finland; www.nestejacobs.com) and the South African plasma fractionation company National Bioproducts Institute (Pinetown, South Africa; www.nbi-kzn.org.za) have signed a service agreement covering production consulting, engineering and executing of services related to…
Lonza (Basel, Switzerland; www.lonza.com) plans to invest CHF14 million (about $15 million) to expand Antibody Drug Conjugate (ADC) manufacturing capacity in Visp, Switzerland. Oncology therapeutics including ADCs represent one of the fastest growing segments of the pharma and biotech industry…
Eurecat S.A. (La Voulte-Sur-Rhone, France; www.eurecat.fr) and Tricat Industries Inc. (Tricat; McAlester, Okla.) are pleased to announce that Eurecat has just acquired all of the outstanding shares of Tricat, under the terms of a Merger Agreement, with immediate effect. After…
Elsevier (Amsterdam, The Netherlands; www.elsevier.com), a leading provider of scientific, technical and medical information products and services, announced today the acquisition of Knovel Corp. (New York; www.knovel.com). Knovel provides a web-based application that integrates technical information with analytical and search…
The S&P index for chemical companies rose 20.9% during 2012, according to data included in the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). By comparison, the wider S&P 500 Index finished the…
Technip (Paris, France; www.technip.com) was awarded by The Mosaic Co. (www.mosaicco.com) the front-end engineering and design (FEED) contract, as well as preparation of the corresponding engineering, procurement and construction (EPC) proposal, for a new ammonia plant under consideration by the…
BASF SE (Ludwigshafen, Germany; www.basf.com) will increase its annual global capacity for manufacturing the chemical intermediate 1,6-hexanediol (HDO) by more than 20% to more than 50,000 ton/yr by 2014. For this purpose, the company will further optimize its production processes,…