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…
Fluor Corp. (Irving, Tex.; www.fluor.com) announced that Chevron (China) Chemicals Co. (Chevron Oronite) has selected Fluor to perform front-end engineering and design (FEED) work for a manufacturing facility in Ningbo, Zhejiang, China. Fluor booked the undisclosed contract value in the…
BASF SE (Ludwigshafwen, Germany; www.basf.com) is planning its first manufacturing plant in Myanmar in 2017. Subject to Myanmar regulatory approvals, the plant to be located in Myanmar’s commercial capital, Yangon, will be designed to produce tailor-made construction chemical solutions for…
Showa Denko K.K. (SDK; Tokyo, Japan; www.sdk.co.jp) and SK Materials Co., Ltd. (SKM; www.sk-materials.com), of South Korea, has concluded an agreement to establish a joint corporation which is to produce and sell high-purity monofluoromethane gas (CH3F) to be used in…
Solvay SA (Brussels, Belgium; www.solvay.com) has completed the sale of its Neolor business to the Baotou Hongbo Te Technology Co. (HBT), as its Special Chem Global Business Unit (GBU) is refocusing its activities on selective high value-added segments in the…
Linde Korea, a member of The Linde Group (Munich, Germany; www.the-linde-group.com), announced that it has completed the takeover of Air Liquide Korea’s industrial merchant and electronics onsite and liquid bulk air gases business in South Korea. The ten sites under…
Lonza Group AG (Basel, Switzerland; www.lonza.com)), KKR and Capsugel S.A. announced that they have entered into a definitive agreement under which Lonza will acquire Capsugel from KKR for $5.5 billion in cash, including refinancing of existing Capsugel debt of approximately…