SNC-Lavalin (Montreal, Quebec, Canada; www.snclavalin.com) has signed and closed an agreement to sell its ongoing activities in France and in Monaco to Ciclad and Impact Holding for a nominal amount, including its investment in Société d’Exploitation de l’Aéroport de Mayotte.…
Global Bioenergies (Evry, France; www.global-bioenergies.com) signed a contribution agreement with the shareholders of Syngip B.V. to transfer all Syngip shares to Global Bioenergies S.A. The transaction’s completion remains subject to the fulfillment of several condition,s including approval by the shareholders of…
ES FiberVisions (ESFV), a joint venture between FiberVisions LLC, a subsidiary of Indorama Ventures PCL (Bangkok, Thailand; www.indoramaventures.com), and Japan's JNC Corp. held an opening ceremony to celebrate the completion of its newest plant in Rayong, Thailand. This facility was…
The Saudi Arabian Mining Company (Ma’aden; Riyadh, Saudi Arabia; www.maaden.com) has announced plans to expand its phosphate-based business with the addition of a third project to manufacture phosphate fertilizers, which will be executed gradually over the coming seven years. Upon…
Wison Engineering Services Co. (Shanghai; www.wison-engineering.com) announced that its non-wholly owned affiliated company, Wison Engineering Ltd., has been awarded an engineering, procurement and construction management (EPC) contract for a new liquefied natural gas (LNG) project by Astana Trans Oil LLP,…
Formosa Mitsui Advanced Chemicals Co. (FMAC), a joint venture of Mitsui Chemicals Inc. (MCI; Tokyo; www.mitsuichem.com) and Formosa Plastics Corp. (FPC) plans to increase the capacity of its lithium-ion, battery-use, electrolyte solution production facilities. Currently, the plant’s production capacity is…
Praxair, Inc. (Danbury, Conn.; www.praxair.com) announced that it has started up its carbon dioxide purification and liquefaction plant at Delaware City Refining Company’s facility in Delaware City, Delaware. The 450-ton-per-day plant is producing food and beverage quality liquid carbon dioxide…
Asahi Glass Co. (AGC; Tokyo; www.agc.com) has entered into an agreement to acquire 100% of the shares of CMC Biologics, a world-leading biologics Active Pharmaceutical Ingredients (“API”) manufacturer with major investors including Monitor Clipper Partners and European Equity Partners, for…
Sulzer Ltd. (Winterthur, Switzerland; www.sulzer.com) signed a binding agreement to acquire Wärtsilä’s Vessel Internal Electrostatic Coalescer (VIEC) business. The VIEC business is based in Asker, Norway. VIEC’s patented technology separates oil from water in a highly efficient manner and it…
Linde AG (Munich, Germany; www.the-linde-group.com) and Praxair, Inc. (Danbury, Conn.; www.praxair.com) announced that the companies intend to combine in a merger of equals under a new holding company through an all-stock transaction. The companies have signed a non-binding term sheet…