Stamicarbon BV (Sittard, the Netherlands; www.stamicarbon.com), the innovation and license company of Maire Tecnimont Group (www.mairetecnimont.com), will license technology for a grassroots urea plant for Talcher Fertilizers Ltd. in India. The new ammonia and urea complex will be a modern…
The continued significant increase in demand for individual pump solutions designed by manufacturer Paul Bungartz GmbH & Co KG (Düsseldorf, Germany; www.bungartz.de) requires a reorientation of its sales department. “With Mr Lempert, we are pleased to have found a head…
As already announced at the end of 2018, BASF SE (Ludwigshafen, Germany; www.basf.com) will proceed with expanding global capacities for methane sulfonic acid (MSA) to 50,000 metric tons per year. This involves a higher double-digit-million euro investment in constructing a…
Total S.A. (Paris, France; www.total.com) as entered into agreements for the development of the Al Kharsaah Solar PV IPP Project, a 800 megawatt-peak (MWp) solar plant that will be located 80 km west of Doha, Qatar. The project was awarded…
BASF SE (Ludwigshafen, Germany; www.basf.com) plans to increase the production capacity for its antioxidant Irganox 1520L by 20% at the site in Pontecchio Marconi, Italy. Irganox 1520L is a key product in BASF’s antioxidant portfolio. The company is a leading…
The Abu Dhabi Polymers Company Ltd. (Borouge; (www.borouge.com) — a joint venture between Abu Dhabi National Oil Co. (ADNOC) and Austria-based Borealis — has awarded Axens (Rueil-Malmaison, France; www.axens.net) a licensing contract to supply a MTBE (methyl tert-butyl ether) unit…
Clariant (Muttenz, Switzerland; www.clariant.com), Anhui Guozhen Group (www.ahgze.com.cn), and Chemtex Chemical Engineering (www.chemtex.com) signed a license agreement on Clariant's sunliquid cellulosic ethanol technology (www.sunliquid.com). The Anhui Guozhen Group and Chemtex have agreed to form a joint venture (JV) with the…
Today, BASF SE (Ludwigshafen, Germany; www.basf.com) and an affiliate of Lone Star Global Acquisitions, LLC (www.lonestarfunds.com), a global private equity firm, signed a purchase agreement for the acquisition of BASF’s Construction Chemicals business. The purchase price on a cash and…
Altana AG (Wesel, Germany; www.altana.com) is taking over the Swiss overprint varnish specialist Schmid Rhyner AG (Adliswil, Switzerland), thereby strategically expanding its ACTEGA division (www.actega.com). “In acquiring Schmid Rhyner, we are continuing to systematically pursue the Altana strategy of generating…
Clariant (Muttenz, Switzerland; www.clariant.com) has agreed to sell its entire Masterbatches business to PolyOne Corp. (Avon Lake, Ohio; www.polyone.com). The transaction values the Masterbatches business at $1,560 million, representing about 12.2 times the last twelve months reported EBITDA (ending September…