Axens (Rueill-Malmaison, France; www.axens.net) has filed a voluntary takeover bid proposal with the AMF (French capital markets authority) to acquire the shares of Heurtey Petrochem. Axens is a wholly-owned subsidiary of IFP Energies Nouvelles (IFPEN). It is partnering with the…
To satisfy growing demand for polycarbonates in Asia, Covestro AG Leverkusen, Germany; www.covestro.com) is doubling production capacities for the high-tech plastic from 200,000 to 400,000 metric tons per year (m.t./yr) at its site in Shanghai, China. Two new world-scale production…
Ube Industries, Ltd. (Ube; Tokyo, Japan; www.ube-ind.co.jp) announced that it will invest in additional nylon manufacturing capacity at its subsidiary, UCE (UBE Corporation Europe S.A.U.) in Castellon, Spain, in order to meet growing global demand for high added-value nylon. The…
Praxair, Inc. (Danbury, Conn.; www.praxair.com) has started up its second air-separation plant and is extending its pipeline system in the Port of Antwerp, one of the largest petrochemical production complexes in the world. The new 1,300-ton-per-day plant increases Praxair’s oxygen…
Sturtevant Inc. (Haonver, Ma.; www.sturtevantinc.com) announced that it has acquired the assets of FCM Mill Systems LLC, a privately held powder processing systems company based in Lombard, Illinois. FCM Mill Systems specializes in manufacturing air classifier mills for the milling…
For the divestiture process of its specialty chemicals affiliate, Atotech B.V., a global manufacturer of high technology plating solutions, Total S.A. (Paris; www.total.com) has accepted an offer from The Carlyle Group (www.carlyle.com). In the framework of this transaction, Total will…
BASF SE (Ludwigshafen, Germany; www.basf.com) and Avantium (Amsterdam, the Netherlands; www.avantium.com) announced the formation of a new joint venture (JV) for the production and marketing of furandicarboxylic acid (FDCA), which is produced from renewable resources, as well as the marketing…
Outotec Oyj (Espoo, Finland; www.outotec.com) has been awarded two orders, worth a total of EUR 25 million, for the new VSF X Modular Solvent Extraction technology. The orders have been booked in Outotec's 2016 third quarter order intake. Outotec will…
Axens (Rueill-Malmaison, France; www.axens.net) announced the signature of several technology licensing agreements with PT Pertamina (Jakarta, Indonesia; www.pertamna.com) for its major expansion project to upgrade residue into gasoline in Balikpapan and for a new middle distillate hydrotreater in Cilacap to…
Arkema (Colombes, France; www.arkema.com) has announced plans to construct a new leading-class polyester powder resin manufacturing facility, the first of its kind in India, on its existing resin platform in Navi Mumbai, Maharashtra. The project, which represents an investment of…