Lonza Group (Basel, Switzerland; www.lonza.com) and Platinum Equity jointly announced that Platinum Equity has entered into a definitive agreement with Lonza to acquire Lonza's Water Care business and operations for $630 million. The inclusion of the French business in this…
Nippon Shokubai Co. (Osaka, Japan; www.shokubai.co.jp) announces that its Indonesian subsidiary, PT. Nippon Shokubai Indonesia, (NSI), plans to expand its acrylic acid (AA) production. Nippon Shokubai, at its board meeting held on 29th October, 2018, resolved to give approval to…
McDermott International, Inc. (Houston; www.mcdermott.com) announced that it has completed a comprehensive strategic review of its portfolio as part of the integration process resulting from its combination with CB&I earlier this year, reaffirming its commitment to McDermott's core capabilities as…
Endress+Hauser AG (Reinach, Switzerland; www.endress.com) has invested more than €10.4 million in a new, state-of-the-art production facility at its location in Nesselwang, Germany. The 4,800-square-meter building contains new production and office space, in addition to technology and common rooms. With…
Siemens AG (Munich, Germany; www.siemens.com) and Chromalloy Gas Turbine Corporation celebrated the grand opening of their new joint venture, Advanced Airfoil Components, in Hillsborough County, Florida. This partnership represents a capital investment of $139 million and will add 350 jobs…
Umicore N.V. (Brussels, Belgium; www.umicore.com) and automobile manufacturer Audi have successfully completed phase one of their strategic research cooperation for battery recycling. The two partners are developing a closed-loop process for components of high-voltage batteries that can be used again…
Solvay S.A. (Brussels, Belgium; www.solvay.com) is set to increase the company’s fluoroelastomer (FKM) production to support global customers’ continuing strong demand for high performance sealing applications. End-use applications in hybrid and low emission internal combustion engines (ICE) and in the…
The Lubrizol Corp. (Wickliffe, Ohio) will invest more than $25 million in its Calvert City, Kentucky manufacturing facility, allowing the company to meet increasing customer demand. This investment follows a recent $10 million expansion at the site to further improve…
Air Liquide Canada, a subsidiary of the Air Liquide Group (Paris; www.airliquide.com) officially celebrated the opening of its brand-new carbon dioxide (CO2) recovery plant, located in Aylmer, Ontario, Canada. Following the inauguration of another CO2 recovery plant in Johnstown, Ontario…
Tata Chemicals Ltd. (TCL; Mumbai, India; www.tatachemicals.com) signed a memorandum of understanding (MoU) with CSIR-CECRI (Central Electrochemical Research Institute), Karaikudi, to explore collaborative technology for scaling up the manufacture of cathode materials for lithium-ion batter (LIB) cells. Under this MOU,…