Alfa Laval (Lund, Sweden; www.alfalaval.com) has signed an umbrella agreement with the LU-VE Group to sell parts of its air heat-exchanger business, related to commercial/industrial air heat exchangers, currently placed in the Greenhouse division. The closing of the agreement is…
Emerson (St. Louis, Mo.; www.emerson.com) recently announced a pair of significant acquisitions focused in the valves and data-management sectors. Emerson has acquired Advanced Engineering Valves (A.E. Valves), a leading manufacturer of innovative valve technology that helps customers operate more efficiently.…
Clariant AG (Muttenz, Switzerland; www.clariant.com), a world leader in specialty chemicals, and Eastman Chemical Co. (Kingsport, Tenn.; www.eastman.com), a global advanced materials and specialty additives company, are proud to announce an exclusive cooperation agreement for the distribution of Eastman’s Tamisolve…
ÅF AB (Stockholm, Sweden; www.afconsult.com) and Pöyry PLC (Helsinki, Finland; www.poyry.com) have signed an agreement to combine the two companies to form a leading European engineering and consulting company. ÅF will launch a recommended public cash tender offer to purchase…
Engineering, procurement and construction (EPC) provider Saipem S.p.A. (San Donato Milanese, Italy; www.saipem.com) announced the identification of a cyber-attack on its servers. That company says it is collecting all the elements useful for assessing the impact on its infrastructures and…
Neste Corp. (Espoo, Finland; www.neste.com) has made the final investment decision on additional renewable products production capacity in Singapore. The decision is based on a growing global market demand for low-carbon solutions in transport and cities, aviation, polymers and chemicals.…
Intelligent Automation Week (Dec. 3–6; Austin, Tex.; https://intelligentautomationevent.iqpc.com/) brought together representatives from many varied industries to discuss practical applications for artificial intelligence (AI), robotic process automation (RPA), cognitive computing and more. Participating organizations included McDonald’s, the National Aeronautics and Space Administration…
PT Chandra Asri Petrochemical Tbk (CAP; Jakarta, Indonesia; www.chandra-asri.com) has awarded Lummus Technology with the detailed engineering design of a Lummus Short Residence Time (SRT) ethylene heater for CAP’s second cracker, owned by subsidiary Chandra Asri Perkasa (CAP2). CAP2, located…
Perstorp (Malmö, Sweden; www.perstorp.com) has agreed to sell Capa, its caprolactone business, including the production site in Warrington, U.K., to Ingevity Corp. (North Charleston, S.C.; www.ingevity.com) for approximately €590 million. The business has annual revenues of approximately €150 million. Under…
Fast, accurate measurement of low ppm water vapor in corrosive gas streams is essential for preventing equipment corrosion. For a prominent European chemical company, switching from slow electrolytic sensors to almost real-time moisture analysis has made a significant improvement. Inovyn…