ABB (Zurich, Switzerland; www.abb.com) has signed an agreement to divest the ABB Full Service business to Nordic Capital for an undisclosed amount. The sale is expected to close in the fourth quarter of 2014, subject to regulatory approval. The…
Sika AG (Baar, Switzerland; www.sika.com) is expanding its presence in the Asia/Pacific Region with the establishment of Sika Sri Lanka. Sri Lanka is experiencing a construction boom, driven by infrastructure developments and fast-growing tourism. Heinz Gisel, president of Sika…
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) recently completed Huntsman Pigments’ new €38-million iron sulfate plant at its titanium dioxide (TiO2) pigment manufacturing facility in Scarlino, Italy. Huntsman celebrated the completion on July 1, 2014. Jacobs worked closely with…
Dura-Line (Knoxville, Tenn.; www.duraline.com), a portfolio company of Chicago-based equity firm CHS Capital, will be acquired by Mexichem S.A.B. de C.V. (Tlalnepantla, Mexico; www.mexichem.com), advancing Mexichem’s strategy of global growth in high-end specialty products. The transaction is subject to regulatory…
Integra Services Technologies, Inc. (Pasadena, Tex.; www.integratechnologies.com) is expanding its rental coverage by opening a new rentals location in Nederland, Tex. The office was officially opened in August and is Integra’s second location in Texas. The facility supplies tooling for…
Samsung SDI Co. (Gyeonggi-do, South Korea; www.samsungsdi.com) and Sungrow Power Supply Co. (Hefei, China; www.sungrowpower.com) will establish a joint venture (JV) to jointly develop the energy storage system (ESS) market of China, and to make joint investment in building a…
POET-DSM Advanced Biofuels, LLC, a 50/50 joint venture between Royal DSM N.V. (Heerlen, The Netherlands; www.dsm.com) and POET, LLC (Sioux Falls, S.D.; www.poet.com) will open its Project Liberty facility at a grand opening celebration on Wednesday, Sept. 3 in Emmetsburg,…
Evonik Industries AG (Essen, Germany; www.evonik.com) has begun construction of a new plant to produce Mepron in Mobile, Ala. Mepron is a special Evonik formulation of the amino acid methionine that is used in dairy cow nutrition. A special coating…
Lanxess AG (Cologne, Germany; www.lanxess.com) is expanding its Gastonia, N.C., compounding facility for high-tech plastics by adding a second production line. The expansion represents an investment volume of about $15 million and will double the existing capacity from 20,000 to…
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) was awarded a contract from ExxonMobil Chemical Company to provide engineering, procurement and construction services as part of a multi-billion-dollar ethane-cracker project in ExxonMobil’s Baytown, Tex. complex and associated premium product facilities in…