Indorama Ventures Public Co. Ltd. (IVL; Bangkok, Thailand; www.indorama.net) has announced the acquisition of all Asian manufacturing operations of Performance Fibers Asia (PF Asia) and the right to continue using the name Performance Fibers. IVL will acquire PF Asia from…
The New Zealand (NZ) Superannuation Fund has made a $60-million equity investment in leading gas-fermentation company LanzaTech (Skokie, Ill.; www.lanzatech.com). Founded in New Zealand in 2005, and now headquartered in in the U.S., LanzaTech turns waste gas from steel mills…
BASF SE (Ludwigshafen, Germany; www.basf.com) started operations in a new emulsion polymers plant at its integrated Verbund site in Freeport, Tex. The acrylic emulsion polymers manufactured at this new plant are used for architectural coatings, construction chemicals, adhesives and applications…
A. Schulman, Inc. (Akron, Ohio; www.aschulman.com) has added equipment in its manufacturing facility in Dongguan, China to accommodate increasing demand in the company's Masterbatch Solutions business. This new production line, which the company expects will ramp up in volume over the next…
Vertellus (Indianapolis, Ind.; www.vertellus.com) has signed a definitive agreement to acquire the Sodium Borohydride (SBH) business, including associated assets, from The Dow Chemical Company (Midland, Mich.; www.dow.com). Vertellus is a portfolio company of Chicago-based private-equity firm Wind Point Partners. Wind…
The Linde Group’s (Munich, Germany; www.linde.com) Supervisory Board has appointed Christian Bruch (44) and Bernd Eulitz (49) as new members of its Executive Board, effective from 1 January 2015. Bruch and Eulitz will succeed Professor Aldo Belloni (64), who will…
Johnson Matthey (London; www.matthey.com) has announced completion of an acquisition of pharmaceutical manufacturing capacity in Scotland, U.K. The 109,000 m2 site was acquired to meet increasing demand for custom pharmaceutical services and active ingredients utilizing enhanced manufacturing capabilities. Located in…
The Board of Yara International ASA (Oslo, Norway; www.yara.com) has approved an investment of SEK 1,747 million ($220 million) to sustain and increase technical ammonium nitrate (TAN) capacity in the Köping site in Sweden. The investment includes the construction of…
Union Showa (USKK), a joint venture (JV) between Showa Denko K.K. (SDK; Tokyo, Japan; www.sdk.co.jp) and UOP LLC (Des Plaines, Ill.; www.uop.com) has completed the construction of a new high-silica zeolite plant within the premises of SDK’s Higashinagahara Plant in…
Toyo Engineering Korea Limited (Toyo-Korea), a subsidiary of Toyo Engineering Corp. (Toyo; Chiba, www.toyo-eng.co.jp) has been awarded a contract from Sasol Ltd. (Johannesburg, South Africa; www.sasol.co.za) to provide detailed engineering, procurement, module fabrication, and construction support services for a linear…