Showa Denko K.K. (SDK; Tokyo, Japan; www.sdk.co.jp) has decided to acquire a high-purity chlorine business in Taiwan, in order to strengthen its special-material gas business. Taiwan Showa Chemicals Manufacturing Co. (TSCM), a subsidiary of SDK, has come to a general…
Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed a binding agreement to sell its sulfuric acid virgin production and regeneration business Eco Services to affiliates of CCMP Capital Advisors, LLC. “The divestment of Eco Services is another step in Solvay’s…
Mitsubishi Rayon Co. (MRC; Tokyo, Japan; www.mrc.co.jp) has executed a share sales and purchase agreement by which MRC will acquire 51% of Wethje Holding GmbH, a German company engaged in manufacturing of carbon-fiber reinforced plastic (CFRP) parts for automobile applications,…
ABB (Zurich, Switzerland; www.abb.com) has announced that it is collaborating with Renewable Algal Energy, LLC (RAE; Johnson City, Tenn.; www.rae-energy.com) on the commercialization of integrated algal production systems that will produce algaeâ€based products for the nutraceutical, animal nutrition, and renewable…
M&G Chemicals (Luxembourg; www.mg-chemicals.com) has announced that its wholly owned subsidiary M&G International S.à.r.l has entered into a joint venture (JV) with Anhui Guozhen Co. The JV company, called Anhui M&G Guozhen Green Refinery Co., will employ PROESA process…
Arkema (Colombes, France; www.arkema.com) has announced the start-up of its new plant for the production of methyl acrylate, an acrylic acid derivative used in the manufacture of polymers for water treatment, elastomers and engineering polymers. This investment, on its Clear…
A division of BASF SE (Ludwigshafen, Germany; www.basf.com), BASF Shanghai Coatings Co. has inaugurated its new automotive coatings plant at the Shanghai Chemical Industry Park in Shanghai, China. The expansion of its automotive coatings production capacity with an investment of…
Meredian, Inc. (Bainbridge, Ga.; www.meredianinc.com) and DaniMer Scientific, an international corporation focusing on the development of sustainably produced, renewable and biodegradable resources have merged under a wholly-owned subsidiary Meredian Holdings Group Inc. “This merger took months of planning, approvals…
CB&I (The Woodlands, Tex.; www.cbi.com) has announced a cooperation agreement by which CB&I will market and provide engineering services for Versalis' low density polyethylene (LDPE) and ethyl vinyl acetate copolymer (EVA) technologies in North America. CB&I will be able to…
Tesoro Corp. (San Antonio, Tex.; www.tsocorp.com) has announced plans to produce petrochemical feedstock in its U.S. West Coast refining system. The company intends to gather intermediate feedstock, primarily reformate, from its West Coast refining system for xylene extraction at Anacortes,…