Atlas Copco AB (Stockholm, Sweden; www.atlascopcogroup.com) has agreed to acquire the cryogenics business of Brooks Automation, Inc. (www.brooks.com), for a total value of $675 million (SEK 6,239 million). The acquisition includes cryo pump operations located in Chelmsford, Mass. (U.S.) and…
Mitsui Chemicals, Inc. (MCI; Tokyo; www.mitsuichem.com) announced that Mitsui Elastomers Singapore Pte. Ltd. (MELS), a wholly owned subsidiary based in Singapore, is set to raise its production capacity for high-performance elastomers using the brand-name TAFMER. The production facility for TAFMER…
Huntsman Corp. (The Woodlands, Tex.; www.huntsman.com) announced that it has opened a multi-purpose facility at the Amata Vietnam Industrial Park, near Ho Chi Minh City, Vietnam. The site is a greenfield investment, will house Huntsman’s Polyurethanes and Advanced Materials businesses,…
Air Products (Lehigh Valley, Pa.; www.airproducts.com) announced that it has acquired the Rotoflow turboexpander business from Baker Hughes, a GE company (BHGE). Air Products acquired all engineering and service capabilities to continue providing world-class service to Rotoflow customers. The transaction…
Shintech Inc., a wholly owned subsidiary of Shin-Etsu Chemical Co., Ltd. (Tokyo; www. shinetsu.co.jp), has selected Veolia Water Technologies (www.veoliawatertechnologies.com) to supply its HPD salt crystallizer and a caustic soda concentration systems as part of the expansion of their production facility…
Teijin Ltd. (Tokyo, Japan; www.teijin.com) has agreed to acquire Inapal Plasticos SA, a leading automotive composite supplier in Portugal. The shares of Inapal will be purchased by Teijin Holdings Netherlands B.V., the Teijin Group's holding company in the Netherlands. The…
LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) officially broke ground on what will be the largest propylene oxide (PO) and tertiary butyl alcohol (TBA) plant ever built. The Houston-area project is estimated to cost $2.4 billion, representing the single-largest capital investment in the…
PT Chandra Asri Petrochemical Tbk (CAP; Jakarta, Indonesia; www.chandra-asri.com) and Michelin have completed construction at the new synthetic-rubber manufacturing site owned by the companies’ joint venture (JV) PT Synthetic Rubber Indonesia (SRI). The companies have invested $435 million in SRI,…
S-OIL Corp. (Seoul, South Korea; www.s-oil.com) is conducting a feasibility study into building a mixed feed cracker with the size of 1,500,000 metric tons per year (m.t./yr) and olefin downstream facilities as part of its phase II investment project to…
As part of the strategy to separate Specialty Chemicals from its Paints and Coatings business, AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) announced in March 2018 that it had agreed to sell 100% of its Specialty Chemicals business to The Carlyle Group…