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Teijin to acquire DuPont’s stake in polyester-film JVs in Japan and Indonesia

Teijin Ltd. (Tokyo, Japan; www.teijin.com) announced that it has agreed to acquire the interests owned by E. I. du Pont de Nemours and Company (DuPont; Wilmington, Del.; www.dupont.com) in the companies’ film-business joint ventures (JVs) in Japan and Indonesia. The…

Altana invests €10 million in coatings and adhesives research facility

Specialty chemicals group Altana AG (Wesel, Germany; www.altana.com) has announced that its wholly owned subsidiary ACTEGA Rhenania GmbH, a globally leading coatings and adhesives specialist, is erecting a new laboratory building in Grevenbroich, North Rhine-Westphalia, Germany. The company is investing…

Wood Group awarded U.K. petrochem complex contract from Sabic

Wood Group (Aberdeen, Scotland; www.woodgroups.com) has been awarded a new contract by petrochemical manufacturer Saudi Basic Industries Corp. (Sabic; Riyadh, Saudi Arabia; www.sabic.com) in the U.K. Engineering design services will be provided to the Sabic Teesside complex in Wilton, U.K.…

Emerson to acquire Pentair Valves & Controls business

Emerson (St. Luois, Mo.; www.emerson.com) has signed an agreement to purchase the Valves & Controls business of Pentair plc (Manchester, U.K.; www.pentair.com) for $3.15 billion. The complementary acquisition establishes Emerson's global presence in control, isolation, pressure relief valves and actuation…

Current economic trends

The June 2016 preliminary value for the CE Plant Cost Index (CEPCI; the most recent available) ticked lower than the previous month, reversing the direction from the May value, but continuing a general lowering trend over the past several months.…

Veolia to provide wastewater-treatment technologies for Lotte-Axiall petrochemicals facility

CB&I (The Woodlands, Tex.; www.cbi.com) has chosen Veolia Water Technologies (Moon Township, Pa.; www.veoliawatertech.com) to engineer and procure a wastewater treatment package for the 1,000,000-metric tons per year (m.t./yr) Lotte Axiall Chemical Company (LACC) ethane cracker and associated monoethylene glycol…

Johnson Matthey and Ilika to partner on lithium-sulfur battery project

Ilika p.l.c. (Southampton, U.K.; www.ilika.com) announces that it is taking part in a three-year project to develop protected anodes for lithium sulfur batteries, led by Johnson Matthey Plc (London; www.matthey.com) and supported by Innovate UK and the Engineering and Physical…

Praxair confirms preliminary merger discussions with Linde

Praxair, Inc. (Danbury, Conn.; www.praxair.com) has confirmed that it is currently in preliminary discussions with Linde AG (Munich, Germany; www.the-linde-group.com) regarding a potential merger. According to Praxair, these discussions are ongoing, and there can be no assurance that they will…

Vacuum Measurement – Direct & Indirect Gauges

Because vacuum technology spans 15 orders of magnitude (103 mbar - 10-12 mbar, or 760 torr - 10-12 torr), there is no single vacuum gauge that can cover the full range.   Consequently, a number of different gauge technologies have…

Lonza to acquire California-based ingredients producer for $300 million

Lonza (Basel, Switzerland; www.lonza.com) has agreed to acquire InterHealth Nutraceuticals, Inc. (Benicia, Calif.), a leader in research, development, manufacture and marketing of value-added nutritional ingredients for use in dietary supplements. InterHealth is a portfolio company of Kainos Capital. “With this…