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Green Biologics begins commercial shipment of bio-based n-butanol and acetone

Green Biologics Ltd. (GBL; Abingdon, Oxfordshire U.K.; www.greenbiologics.com), an industrial biotechnology and renewable specialty chemicals company, announced the start of commercial shipments of bio-based n-butanol and acetone from its manufacturing facility in Little Falls, Minn. Over the past year, Green…

Solvay to sell stake in Vinythai JV to Asahi Glass

Solvay SA (Brussels, Belgium; www.solvay.com) has signed a definitive agreement to sell its 58.77% stake in its Thai subsidiary Vinythai PCL to Japanese company Asahi Glass (AGC; Tokyo; www.agc.com), thereby exiting its Asian polyvinyl chloride (PVC) activities.  The transaction is…

Technip and BP extend alliance to include acetic acid

Technip (Paris, France; www.technip.com) has extended its successful exclusive PTA alliance with BP plc (London; www.bp.com) to include Acetic Acid. The Acetic Acid Alliance, relevant to front-end loading (FEL) 1 and 2 stages of fully owned and joint-venture projects developed…

Corbion to sell its blender manufacturing division

Corbion (Amsterdam, the Netherlands; www.corbion.com) has agreed to sell its Breddo-Likwifier division to Ensight Solutions LLC (a wholly-owned subsidiary of AmProd Holdings LLC) in order for Corbion to  focus on high value-add food ingredients.  The sale was effective on December…

Evonik to build precipitated silica plant in South Carolina

Evonik Industries AG (Essen, Germany; www.evonik.com) is building a production plant for precipitated silica in South Carolina to supply the tire industry. The industry needs high-quality precipitated silica for producing fuel-efficient tires with good wet grip properties, which can save…

KBR names new chief financial officer

KBR, Inc. (Houston; www.kbr.com) announced that in the first quarter of 2017, Mark Sopp will join the company as Chief Financial Officer (CFO). Current CFO Brian Ferraioli has decided to retire to spend more time with family. Ferraioli and Sopp…

Avery Dennison to acquire Hanita Coatings for $75 million

Avery Dennison Corp. (Glendale, Calif.; www.averydennison.com) announced it has agreed to acquire Hanita Coatings, a pressure-sensitive materials manufacturer of specialty films and laminates from Kibbutz Hanita Coatings and Tene Investment Funds for the purchase price of $75 million, subject to…

Lenzing to build specialty fibers plant in Alabama

The Lenzing Group (Lenzing, Austria; www.lenzing.com) aims to increase the share of specialty fibers as a percentage of revenue to 50% by 2020. Following the previously announced expansion plans for Lenzing, Heiligenkreuz (Austria) and Grimsby (Great Britain), the Supervisory Board…

Eastman takes full ownership of TALT JV

Eastman Chemical Co. (Kingsport, Tenn.; www.eastman.com) announced that its wholly owned subsidiary Taminco BVBA has reached an agreement to acquire the 50% of shares of Te An Ling Tian Fine Chemical Co., Ltd. (TALT), its joint venture with Mitsubishi Gas…

Linde starts up CO2 plant in Fort Worth

Linde North America (Bridgewater, N.J.; www.lindeus.com) announced the startup of its new carbon dioxide (CO2) plant in Fort Worth, Tex. The 250 ton-per-day plant is supplying CO2 for food and beverage producers, chemical manufactures as well as a variety of…