BASF SE (Ludwigshafen, Germany; www.basf.com) has signed an agreement to sell its electrolytes manufacturing site in Suzhou, China, to Shenzhen Capchem Technology Co. one of the leading suppliers in the global electronic-chemicals and functional materials industry. The transaction is expected…
Shell Chemical LP (Shell; www.shell.com/chemicals) provided an update on the progress of the main construction of its fourth linear alpha olefins (AO) unit at its chemicals manufacturing site in Geismar, Louisiana, USA. The 425,000-metric-tons-per-year (m.t./yr) capacity increase will make Shell’s…
BASF SE (Ludwigshafen, Germany; www.basf.com) has completed the installation and startup of new high-performance equipment at its Seneca, South Carolina operation, which will more than double the precious metals milling and sampling production capacity there. The Seneca site serves as…
Hexcel Corp. (Stamford, Conn.; www.hexcel.com) announced that it has entered into exclusive negotiations to acquire all of the shares of Structil SA, a French producer and supplier of high-performance composites to the aerospace, defense and industrial markets. The proposed transaction…
Air Liquide (Paris, France; www.airliquide.com) announced that Susan Ellerbusch has been appointed chief executive officer of Air Liquide USA LLC, a U.S. subsidiary of Air Liquide, the global leader in gases, technologies and services for industry and health. Ellerbusch will…
Endress+Hauser (Reinach, Switzerland; www.endress.com) has expanded its production facilities in the United States. The Raman analyzer manufacturing plant in Ann Arbor, Michigan, was extended at a cost of $9 million. In Greenwood, Indiana, the company has built a new $8-million…
Tesoro Corp. (San Antonio, Tex.; www.tsocorp.com) and Tesoro Logistics LP announced that the companies will change their names to Andeavor and Andeavor Logistics LP, respectively, on Aug. 1, 2017. The companies also unveiled new logos and ticker symbols. "We are…
Sandvik AB (Stockholm, Sweden; www.sandvik.com) has signed an agreement to divest Sandvik Process Systems to FAM AB, owned by the three largest Wallenberg foundations, at a price of 5.0 billion SEK. Sandvik Process Systems delivers advanced industrial process solutions based…
Sadara Chemical Co. (Jubail, Saudi Arabia; www.sadara.com) announced the production of commercial quantities of on-specification liquid polymeric methylene diphenyl diisocyanate (PMDI), the largest single train facility of its kind in the world. PMDI, which is used in the production of…
Owens Corning (Toledo, Ohio; www.owenscorning.com) announced that it has signed an agreement to acquire Pittsburgh Corning, a leading producer of cellular glass insulation systems for commercial and industrial markets. Upon closing, the company will pay approximately $560 million in cash,…