PPG Industries, Inc. (Pittsburgh, Pa.; www.ppg.com) announced that it has signed an agreement for the sale of its European fiber glass operations to glass manufacturer Nippon Electric Glass Co. Ltd. (NEG). The transaction is subject to completion of employee consultation…
Honeywell UOP (Des Plaines, Ill.; www.uop.com) opened a new production line at its catalyst manufacturing facility in Shreveport, La. The $150-million investment will enable Honeywell UOP to produce a new range of catalysts for the oil refining industry at the…
GE Aviation (Evendale, Ohio; www.geaviation.com) broke ground in Huntsville, Ala. on two adjacent factories to mass-produce silicon carbide (SiC) materials used to manufacture ceramic matrix composite components (CMCs) for jet engines and land-based gas turbines for electric power. GE Aviation…
Asahi Kasei Corp. (Tokyo, Japan; www.asahi-kasei.co.jp) held an opening ceremony for Asahi Kasei Europe GmbH on June 16, 2016, in Dusseldorf, Germany. The ceremony was attended by some 200 people including Mr. Burkhard Hintzsche, City Director of Dusseldorf; Mr. Ryuta…
Covestro AG Leverkusen, Germany; www.covestro.com) is now, for the first time, using CO2 to produce plastics on an industrial scale. Today, the company opened a production plant for an innovative foam component made with 20% CO2 at its Dormagen site…
Siemens AG (Munich, Germany; www.siemens.com) and Gamesa Corporación Tecnológica (Zamudio, Spain; www.gamesacorp.com) have signed binding agreements to merge Siemens' wind power business, including wind services, with Gamesa to create a leading global wind power player. Siemens will receive newly issued…
BASF SE (Ludwigshafen, Germany; www.basf.com) has signed an agreement to acquire Albemarle’s global surface treatment business, Chemetall (Frankfurt, Germany). The purchase price is $3.2 billion. The transaction is subject to approval by the relevant authorities and is expected to close…
Haldor Topsoe A/S (Lyngby, Denmark; www.topsoe.com) officially opened an advanced automotive-catalysts plant in Tianjin Economic-Technological Development Area (TEDA) — a 600 million renminbi investment (more than $90 million). The plant produces advanced catalysts that clean the exhaust from heavy-duty diesel…
BASF SE (Ludwigshafen, Germany; www.basf.com) broke ground on a new, world-scale automotive coatings plant, at the company’s existing site at the Shanghai Chemical Industry Park in Caojing, Shanghai, China. The new plant represents an investment of around €140 million, and…
Showa Denko K.K. (SDK; Tokyo, Japan; www.sdk.co.jp) will expand its production capacity for the SCMG line of carbon-based anode materials used in lithium-ion rechargeable batteries (LIBs). SCMG material has advantages of low resistance and long life, and demonstrates high performance…