Indorama Ventures Public Ltd. (IVL; Bangkok, Thailand; www.indorama.net) has entered into an agreement to acquire M&G Polimeros Brazil S.A. in Ipojuca, Brazil. M&G's plant is the largest polyethylene terephthalate (PET) facility in Brazil, with capacity of 550,000 metric tons per…
Lanxess AG (Cologne, Germany; www.lanxess.com) has now commissioned a new production line for the manufacture of specialty compounds at its Krefeld-Uerdingen, Germany site. The company has invested approximately €7 million in expanding the production capacities of its engineering plastics. Lanxess…
Toray Industries, Inc. (Tokyo, Japan; www.toray.com) reached an agreement with Koninklijke Ten Cate B.V. (KTC) to purchase the entire share of its subsidiary TenCate Advanced Composites Holding B.V. (TCAC), a Dutch carbon-fiber composite-material manufacturer. Toray and KTC plan to sign…
Solvay’s (Brussels, Belgium; www.solvay.com) Specialty Polymers has agreed to sell its Porto Marghera plant, which produces hydrofluoric acid, to Alkeemia, part of the Italian Fluorsid Group. The hydrofluoric acid is utilized by Solvay as a base chemical for the production…
Knauf Insulation (www.knaufinsulation.com) and Veolia (Paris, France; www.veolia.com) have officially opened a new high-tech glass recycling facility in St Helens, U.K. that will treat 60,000 metric tons per year (m.t./yr) of used glass bottles and jars. The partners join forces…
Huntsman Corp. (The Woodlands, Tex.; www.huntsman.com) announced the acquisition of Demilec, one of North America's leading manufacturers and distributors of spray polyurethane foam (SPF) insulation systems for residential and commercial applications, from an affiliate of Sun Capital Partners, Inc. Demilec…
Mitsubishi Chemical Corporation (MCC; Tokyo; www.m-chemical.co.jp) has decided to build a plant in Thailand to produce its Diamiron multilayer co-extruded film, which is used in food packaging, medical supplies and devices, and a wide range of other fields. The plant…
Evonik Industries AG (Essen, Germany; www.evonik.com) is planning to build a new production complex for the high-performance polymer polyamide 12 (PA 12). The group intends to increase its overall PA 12 capacity by more than 50%. Polyamide 12 is required…
Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) announced that its subsidiary Tecnimont S.p.A., through its affiliate Tecnimont Philippines Inc., has been awarded jointly with JGC Philippines (Tecnimont Philippines 65% - JGC Philippines 35%) an EPC Lump Sum contract by JG Summit…
Chevron Phillips Chemical Company LP (The Woodlands, Tex.; www.cpchem.com) announced that it has successfully introduced feedstock and commenced operations of a new ethane cracker at its Cedar Bayou facility in Baytown, Texas. At peak production, the unit will produce 1.5…