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Kemira expands production capacity in Brazil

Kemira Oyj (Helsinki, Finland; www.kemira.com)  will invest in an expansion of facilities and a new reactor capable of production of multipurpose chemicals at its Telêmaco Borba plant in the state of Paraná in the Southern Region of Brazil.   "With…

Milacron acquires packaging technology provider Kortec

Milacron LLC (Cincinnati, Ohio; www.milacron.com), a provider of high-precision plastics processing technologies, has announced the acquisition of Kortec, a supplier of co-injection technology solutions to the packaging industry. This combination positions Milacron as a leading provider of fully integrated, turnkey…

Vitol to purchase Shell’s Australian downstream businesses for $2.6 billion

Royal Dutch Shell plc (The Hague, the Netherlands; www.shell.com) has announced that it has reached a binding agreement to sell its Australia downstream businesses (excluding Aviation) to The Vitol Group (Rotterdam, the Netherlands; www.vitol.com) for a total transaction value of…

NAES acquires industry advisor E3 consulting

NAES Corp. (Issaquah, Wash.; www.naes.com), a provider of industrial services, announced that it has signed a definitive agreement to acquire E3 Consulting, LLC, an independent technical and strategic business advisor to the energy industry. E3 is an advisor to the…

Toray and Abunayyan launch water-treatment JV in Saudi Arabia

Toray Industries Inc. (Tokyo, Japan; www.toray.com) and Abunayyan Holding (Riyadh, Saudi Arabia) have launched a joint venture (JV) for water- and wastewater-treatment technologies. The JV will be called Toray Membrane Middle East LLC (TMME). The projected investment for the JV,…

Ineos and Sinopec form JV for new phenol acetone plant in China

Ineos Technologies (Rolle, Switzerland; www.ineos.com) and Sinopec YPC have signed an agreement to form a 50/50 joint venture (JV) company to be based in Nanjing, China. The JV, which is to be called INEOS YPC Phenol (Nanjing) Company Ltd is set…

Sapphire Energy commissions commercial-scale algae-to-biofuels plant in New Mexico

Sapphire Energy, Inc. (San Diego, Calif.; www.sapphireenergy.com) has commissioned what is being called the world’s first commercial algae-to-biofuels demonstration plant, to be located in New Mexico. Spread out over 300 acres, when fully operational, the biofuels plant will be able…

Ashland sells Water Technologies business for $1.8 bilion

Ashland Inc. (Covington, Ky.; www.ashland.com) has announced it has signed a definitive agreement to sell Ashland Water Technologies to a fund managed by Clayton, Dubilier & Rice in a transaction valued at approximately $1.8 billion. The transaction is expected to…

Styron acquires SSBR rights, increases capacity in Germany

Styron Europe GmbH (Horgen, Switzerland; www.styron.com), a global materials company and manufacturer of plastics, latex and rubber, has announced that it will be doubling its Solution Styrene Butadiene Rubber (SSBR) production capacity, after reaching an agreement with material supplier JSR,…

Tecnimont and Foster Wheeler will collaborate in new partnership focused on North American chemicals sector

Foster Wheeler AG (Zug, Switzerland; www.fwc.com) has announced that Foster Wheeler USA Corp., a subsidiary of its Global Engineering and Construction Group, has signed a collaboration agreement with Tecnimont USA Inc., a subsidiary of Maire Tecnimont S.p.A. (Rome, Italy; www.mairetecnimont.it),…