The industrial and technology group thyssenkrupp AG (Essen, Germany; www.thyssenkrupp.com) has reached agreement with Ternium on the sale of the CSA Siderúrgica do Atlântico (CSA) steel plant in Brazil. The purchase price (enterprise value) is €1.5 billion. “With the sale…
Clariant (Muttenz, Switzerland; www.clariant.com), a world leader in specialty chemicals, today opens its first global R&D center for haircare ingredients. Located in São Paulo, Brazil, the new global Competence Center Haircare (gCCH) puts Clariant’s experts at the heart of the…
The new CyPlus Idesa sodium cyanide production plant was officially opened with an inauguration ceremony in Coatzacoalcos, Veracruz, Mexico in the presence of Dr. Klaus Engel, chairman of the Executive Board of Evonik Industries AG (Essen, Germany; www.evonik.com) and Patricio…
Johnson Matthey (London, U.K.; www.matthey.com) and Rennovia Inc. Santa Clara, Calif.; www.rennovia.com) have signed a license agreement with Archer Daniels Midland Co. (ADM; Chicago, Ill.; www.adm.com) to provide catalyst and process technology for catalytic production of bio-based glucaric acid. The…
Praxair, Inc. (Danbury, Conn.; www.praxair.com) has signed a 15-year agreement to supply Celanese Corp. (Irving, Tex.; www.celanese.com) with carbon monoxide, as well as oxygen and nitrogen, in the U.S. Gulf Coast. Praxair will deliver high-purity carbon monoxide to Celanese from…
Central vacuum systems often rely on resource-hungry pump technology like oil-sealed rotary vane or liquid (water) ring pumps. Both of these pump technologies rely on fluid to create a seal and generate vacuum. Replacing the sealing fluid imposes significant operating…
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), posted a strong gain in February of 0.4 percent, following a similar 0.4 percent gain in January. This follows a steady…
The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported that U.S. specialty chemicals market volumes rose 0.2 percent in January. This follows a downwardly revised 0.3 percent gain in December. Volumes have generally been moving up since May. All changes…
The Landa Group (Rehovot, Israel; www.landanano.com) and Altana AG (Wesel, Germany; www.altana.com) today announced that Altana has acquired Landa's Metallography technology. First unveiled by Landa at the Drupa printing exhibition in June, 2016, this novel technology for producing metallized graphics…
On January 31, Nidec Corporation completed the acquisition of Leroy-Somer and Control Techniques, Emerson Electric’s motors, drives and electric power generation businesses. The acquisitions broaden Nidec’s motor offering and product lineup, including variable speed drives and a complete range of…