Hexpol AB (Malmö, Sweden; www.hexpol.com) has acquired the business of Portage Precision Polymers Inc., a well-known rubber compounder in the U.S. market. Portage Precision Polymers, with two manufacturing facilities in Ohio (Ravenna and Mogadore), had a turnover of $29 million…
The Lubrizol Corp. (Wickliffe, Ohio; www.lubrizol.com) has agreed to acquire Weatherford’s (Houston; www.weatherford.com) oilfield chemicals business and its drilling fluids business for $825 million, including a $75 million performance-based cash earnout. The deal enhances Lubrizol’s footprint in the $20 billion…
Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) has announced that its main subsidiary Tecnimont S.p.A. has signed a memorandum of understanding with Cronus Chemicals,LLC, which will be converted into a contract to build an ammonia and urea plant located in Tuscola,…
Amec Foster Wheeler (London, U.K.; www.amecfw.com) has announced the award of a contract for the design, supply and erection of a circulating fluidized-bed (CFB) boiler island for Deven JSCo, asubsidiary of Solvay Sodi. The boiler island, the second that Amec…
Pentair plc (Manchester, U.K.; www.pentair.com) announced that it has signed an agreement to purchase Steinhauer Elektromaschinen AG (www.steinhauer.de), a producer of enclosure machining and related technologies. The planned acquisition will further enhance Pentair’s brand of Hoffman equipment-protection solutions by expanding…
Gevo, Inc. (Englewood, Colo.; www.gevo.com) has announced that Highlands EnviroFuels, LLC has signed a letter of intent to become a Gevo licensee to produce renewable isobutanol. Highlands will build a commercial-scale syrup mill in Highlands County, Fla., which would have…
Synalloy Corp. (Spartanburg, S.C.; www.synalloy.com) has announced that it has acquired Specialty Pipe & Tube, Inc., a distributor of seamless carbon pipe, with a focus on heavy-wall, large-diameter products. End markets for its products include oil-and-gas applications, as well as…
The Lubrizol Corporation (Wickliffe, Ohio; www.lubrizol.com) has signed an agreement to purchase Warwick Chemicals (North Wales, U.K.), a global developer, producer and supplier of stain-removal technology with hygiene benefits. This acquisition will complement Lubrizol's existing home-care product line, strengthening its…
BASF SE (Ludwigshafen, Germany; www.basf.com) has signed a definitive agreement to sell its manufacturing facility for natural fish oils, medium-concentrated omega-3s, and customized bottled fish oil in Brattvåg, Norway, to Marine Ingredients, a leading manufacturer of quality marine-based ingredients and…
Verdezyne Inc. (Carlsbad, Calif.; www.verdezyne.com) will build a commercial-scale renewable chemicals plant in a biotechnology industrial park in Nusajaya, Malaysia. Through an agreement with Malaysian Bio-XCell Sdn Bhd (Nusajaya, Malaysia; www.bio-xcell.my), construction will commence in 2015. The plant is designed…