Albemarle Corp. (Baton Rouge, La.; www.albemarle.com) has signed a definitive agreement to acquire the lithium hydroxide and lithium carbonate conversion assets and supporting business functions currently operated by Jiangxi Jiangli New Materials Science and Technology Co. Ltd. The transaction is…
Showa Denko K.K. (SDK; Tokyo, Japan; www.sdk.co.jp), JX Nippon Oil & Energy Corp. (JX), and LyondellBasell Group (LYB; Rotterdam, the Netherlands; www.lyondellbasell.com) have reached final agreement concerning the sale and purchase of LyondellBasell’s shares in SunAllomer Ltd. (SunAllomer), a joint…
The Chemistry Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), expanded 0.4 percent in August, following an upward revision for July. This marks the barometer’s sixth consecutive monthly gain. Accounting for…
The Specialty Chemicals Market Volume Index, a tool created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) entered the third quarter of 2016 on a positive note, rising 0.2 percent in July. This follows a 0.3 percent decline in…
Finding a vacuum gauge for monitoring chemical processes can be a challenge. There are few gauges that simultaneously cover the appropriate vacuum range with sufficient accuracy and have the ability to cope with regular exposure to aggressive chemicals. VACUUBRAND's VACUU·VIEW™…
Prayon Group’s (Engis, Belgium; www.prayon.com) Prayon Technologies division, which specializes in the licensing of phosphoric acid processes, will provide a license and technical guidance for two new phosphoric acid plants to be built in Egypt, as part of the NCIC…
BASF SE (Ludwigshafen, Germany; www.basf.com) has opened its first production plant in Sri Lanka, which will produce standard and custom-made performance-based construction chemicals under the Master Builders Solutions brand, including concrete admixtures product. The new plant will allow BASF to…
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…
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 (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.…