On September 4, Sulzer Chemtech Ltd. (Winterthur, Switzerland; www.sulzerchemtech.com) signed an agreement to acquire Manfred Preu Kolonnenservice (Moers, Germany). The purchase price is up to €2.5 million, depending on the future performance. Subject to the fulfillment of certain conditions, the…
0 0 0 Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed an agreement with Sodium Group Investments Ltd. to acquire its majority stake in OAO Bereznikovsky Sodovy Zavod and ZAO Berkhimprom. The agreed enterprise value for the stake amounts to about…
Heraeus Sensor Technology GmbH (HST; Kleinostheim, Germany; www.heraeus.com) has acquired DWM & Associates, Inc. (DWM; North Brunswick, N.J.), its former exclusive U.S. & Canadian distributor and representative since December 2002. The transaction was completed on September 1, 2009. DWM will…
0 0 0 Air Products, Inc. (Lehigh Valley, Pa.; www.airproducts.com) has purchased a new steam methane reformer (SMR) hydrogen facility under construction in Corpus Christi, Texas, from MarkWest Energy Partners, L.P. The facility, which will produce over 30 million standard…
0 0 0 Toyo Engineering Corp. (Chiba, Japan; www.toyo-eng.co.jp) has been awarded a project for a 80,000 tons/year polycarbonate resin production facility that will be built by Mitsubishi Gas Chemical Co., Inc. (www.mgc.co.jp) and Mitsubishi Engineering-Plastics Corp. (both Tokyo, Japan;…
0 0 0 Larox Corp. (Lappeenranta, Finland; www.larox.com) will establish a subsidiary in India with the aim of increasing the company’s market share in the growing Indian market. The new subsidiary will be responsible both for Larox’s aftermarket services and filter…
Pepperl+Fuchs GmbH (Mannheim; www.pepperl-fuchs.com) and R. Stahl Schaltgeräte GmbH (Waldenburg, both Germany; www.stahl.de) have signed a license agreement for using the new DART (dynamic arc recognition and termination) technology. The open DART licensing model allows the unlimited use of this patented…
0 0 0 Ansys, Inc. (Canonsburg, Pa.; www.ansys.com) today announced the availability of the Immersed Boundary module for ANSYS FLUENT 12.0 software. Jointly developed by Ansys and long-time partner Cascade Technologies Inc. (Mountain View, Calif.; , the module dramatically reduces…
Clariant (Muttenz, Switzerland; www.clariant.com) has sold its specialty silicones business, including its Gainesville Fla. facility, to SiVance LLC, an affiliate of New York-based GenNx360 Capital Partners. GenNx360 is a private equity firm focused on industrial business-to-business companies. Financial terms of…
Mustang International (Houston; www.mustangeng.com) will acquire a majority interest in the Saudi Arabian oil and gas consulting firm, Al-Hejailan Consulting, through a joint venture. Al-Hejailan will retain the remaining interest. When the deal is finalized later this year, the joint…