ABB (Zurich, Switzerland; www.abb.com) has won a multi-million-dollar order to modernize a major oil refinery in Kazakhstan, as the Republic’s ‘Digital Kazakhstan’ program seeks to elevate economic sectors including the oil, gas and chemicals industry and accelerate growth nationally with…
Arkema (Colombes, France; www.arkema.com) has announced a project to acquire Lambson, a company specializing in photoinitiators for curing, a technology meeting the demands of cutting-edge markets such as electronics, 3D printing, digital ink, composites and high-performance coatings. These solutions will…
Indorama Ventures Public Co. Ltd. (IVL; Bangkok, Thailand; www.indoramaventures.com) announced that it has entered into an agreement to acquire Italy-based Sinterama S.p.A, a leading Global polyester automotive interiors and high performance colored yarns manufacturer. The acquisition comprises five production sites…
Lenzing AG (Lenzing, Austria; www.lenzing.com) has concluded its expansion and modernization drive at its pulp plant at the Lenzing site. The company invested EUR 60 million for this purpose, increasing production capacities for dissolving pulp extracted from beech wood from…
Delhi Jal Board, the authority in charge of water management in New Delhi, has awarded SUEZ (Paris; www.suez.com) the contract to build and operate a wastewater treatment plant with a capacity of 564,000 m3/day at Okhla, South of New Delhi,…
Huntsman Corporation (The Woodlands, Tex.; www.huntsman.com) announced that it has signed a definitive agreement with Sasol Ltd. (Johannesburg, South Africa; www.sasol.co.za) to acquire the 50% interest that Huntsman does not own in the Sasol-Huntsman maleic anhydride joint venture (JV). The…
BASF SE (Ludwigshafen, Germany; www.basf.com) plans to invest in a second production plant for tert-butylamine (tBA) at BASF Specialty Chemicals Co. Ltd (BSNJ) in Nanjing, China. With this expansion, BASF’s global annual production capacity of tBA will increase by more…
Arkema (Colombes, France; www.arkema.com) announced that its Bostik business unit will acquire Prochimir, a company specializing in high-performance thermobonding adhesive films. This acquisition would enable Bostik to broaden its offering of solvent-free thermobonding solutions earmarked for many fast-growing industrial applications…
McDermott International, Inc. (Houston; www.mcdermott.com) announced that it has been awarded a sizeable technology contract by Indian Oil Corp. Ltd. (IOCL) for the technology license, basic engineering, proprietary equipment, training and technical services for a grassroots Fluid Catalytic Cracking (FCC)…
As part of the portfolio upgrade announced in September 2018, Clariant (Muttenz, Switzerland; www.clariant.com) will continue with the divestment of the Pigments business and has decided to also divest the entire Masterbatches business including both, standard and high value Masterbatches.…