A.W. Chesterton Co. (Woburn, Mass.; www.chesterton.com) announced that Andrew W. Chesterton, formerly executive vice president and chairman of the board, has been named the company’s new president and CEO. He succeeds Brian O’Donnell, a longtime Chesterton executive, who will serve as…
The Dow Chemical Company (Midland, Mich.; www.dow.com) today announced the successful completion of the transaction to restructure the ownership of Dow Corning. Dow is now 100 percent owner of Dow Corning’s silicones business, which had 2015 revenues of greater than…
Solvay S.A. (Brussels, Belgium; www.solvay.com) has completed the purchase of Eastman Chemical Co.’s (Kingsport, Tenn.; www.eastman.com) share in their former U.S. joint venture (JV) Primester. As the sole owner of the cellulose-acetate flake plant, Solvay has secured an economical longterm…
Bureau Veritas (Neuilly-sur-Seine, France; www.bureauveritas.com) has acquired Summit Inspection Services, Inc., a U.S. company specialized in fugitive emissions inspection services for the OPEX petrochemical industry. Founded in 1998 and based in California, Summit is an industry leader in fugitive emissions…
Ferro Corp. (Mayfield Heights, Ohio; www.ferro.com) has completed the acquisition of Pinturas Benicarló, S.L. Ferro has acquired 100% of the equity of privately held Benicarló, Spain-based Pinturas for €15.0 million in cash, on a cash-free and debt-free basis, subject to…
Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) and Siluria Technologies (San Francisco, Calif.; www.siluria.com) have entered into a joint collaboration agreement (JCA). Under the terms of the JCA, Maire Tecnimont and Siluria agreed to combine their respective technologies and expertise to…
The Lubrizol Corp. (Wickliffe, Ohio; www.lubrizol.com) has announced that Eric R. Schnur, currently executive vice president and chief operating officer, has been named president, effective immediately, and will become chairman and chief executive officer on January 2, 2017. James L.…
Amec Foster Wheeler (London, U.K.; www.amecfw.com) announced the award of a contract for the engineering and material supply of a steam reformer heater for hydrogen production for the JSC Orsknefteorgsintez refinery at Orsk, Russia. The heater will be based on…
Umicore N.V. (Brussels, Belgium; www.umicore.com) has reached an agreement to sell its Zinc Chemicals business unit to OpenGate Capital, a U.S.-based private equity firm with a focus on developing a broad portfolio of high-quality industrial activities. The transaction places an…
KBR, Inc. (Houstson; www.kbr.com) announced today it has been awarded a license and basic engineering design contract by a confidential client for a grassroots Distill-Max Stabilizer Column at Shandong Province in China. Under the terms of the contract, KBR will…