Effective April 22, 2016, Solenis Australia Pty Limited signed an agreement to acquire substantially all of the business assets of Nuplex Pulp & Paper from Nuplex Industries Limited. Solenis (Wilmington, Del.; www.solenis.com) will acquire the technical, commercial, production assets and…
Kuraray America, Inc. (Houston; www.kuraray-poval.com), a global leader in specialty chemical, fiber and resin production, celebrated the grand opening of its new, $300 million, 81-acre, green-field Kuraray Poval plant in Pasadena, Texas. The opening of this plant further distinguishes Kuraray Co.,…
H.I.G. Capital (H.I.G.; Miami, Fla.; www.higcapital.com), a global private equity investment firm, says that its portfolio company Valtris Specialty Chemicals (Valtris; Independence, Ohio; www.valtris.com) has acquired Akcros Holdings Ltd. Valtris is a leading manufacturer of specialty chemicals primarily used as…
SNC-Lavalin (Montreal, Canada; www.snclavalin.com) through its affiliate Saudi Arabian Kentz, has been awarded an engineering, procurement and construction (EPC) contract by Saudi Aramco for the expansion of asphalt production facilities at its Ras Tanura Refinery in Saudi Arabia. Upon completion…
Johnson Matthey (www.jmfinechemicals.com), a leading provider of pharmaceutical services, active pharmaceutical ingredients (APIs) and catalyst technologies and Domainex Ltd. (Cambridge, U.K.; www.domainex.co.uk), a small-molecule drug discovery company, have announced a collaboration to provide integrated small molecule pharmaceutical discovery and development…
The February 2016 preliminary value for the CE Plant Cost Index (CEPCI; the most recent available) was down from the previous month, with all subindices seeing a small decline. Within the Equipment subindex, the process instruments category was the only…
BASF SE (Ludwigshafen, Germany; www.basf.com) has signed an agreement to acquire the assets of Guangdong Yinfan Chemistry Co. (Yinfan) in China. With this acquisition, BASF will establish a stronger coatings production footprint by gaining access to a state-of-the-art automotive refinish…
Air Liquide (Paris, France; www.airliquide.com) says it has commissioned 12 biogas purification units in the last 12 months in Europe. With these new units, Air Liquide triples its biogas purification capacity on the European continent. Overall, Air Liquide has designed…
On April 18, Gov. John Bel Edwards and Occidental Chemical Corp. (Dallas, Tex.; www.oxychem.com) president Rob Peterson announced a $145 million expansion of the company’s manufacturing plant in Geismar, Louisianna. The project includes equipment for producing a new raw material…
Praxair, Inc. (Danburry, Conn; www.praxair.com) has signed a long-term agreement to purchase by-product carbon dioxide from US Nitrogen LLC, a subsidiary of Austin Powder Co., a leading provider of industrial blasting products and services. Praxair will build, own and operate…