Solvay S.A. (Brussels, Belgium; www.solvay.com) has sold its Ionquest 290 solvent extraction product line used in mining applications and its octylphosphonic acid (OPA) product lines to Italmatch Chemicals. With this sale Solvay satisfies all remaining obligations set forth by the…
TPC Group Inc. (Houston; www.tpcgrp.com) has reached an agreement to sell its Baytown Operations to SI Group (Schenectady, N.Y.; www.siigroup.com). The operations include manufacturing assets for nonene, tetramer, and other propylene derivatives, an on-site terminal and excess land adjacent to…
PT Chandra Asri Petrochemical Tbk (CAP; Jakarta, Indonesia; www.chandra-asri.com) has signed an agreement with Univation Technologies LLC (Houston; www.univation.com) for the license of the UNIPOL PE polyethylene process technology to be applied at a new polyethylene plant at CAP’s integrated…
Radici Group Performance Plastics (Gandino, Italy; www.radicigroup.com/plastics) signed an agreement for the purchase of the Engineering Polymer Solutions business of Invista (Wichita, Kansas; www.invista.com). With this acquisition, RadiciGroup – a producer of nylon, PBT, TPE and POM engineering plastics –…
Formosa Mitsui Advanced Chemicals Co. (FMAC), a joint venture of Mitsui Chemicals Inc. (MCI; Tokyo; www.mitsuichem.com) and Formosa Plastics Corp. (FPC) announced the startup of its lithium-ion battery-use electrolyte solution production facilities. Demand for lithium-ion batteries has expanded in line…
Indorama Ventures Public Ltd. (IVL; Bangkok, Thailand; www.indorama.net) announced the completion of the joint venture of IVL’s PET Company, Micro Polypet Private Ltd. (MicroPet), in India with Dhunseri Petrochem Ltd. (Dhunseri). Simultaneously, IVL has acquired a 50% stake in Dhunseri’s PET…
Teijin Ltd. (Tokyo, Japan; www.teijin.com)has agreed to acquire Continental Structural Plastics Holdings Corp. (CSP), a leading automotive composite supplier in North America, for $825 million. CSP will become a wholly owned subsidiary of Teijin. Through this acquisition, Teijin intends to…
Evonik Industries (Essen, Germany; www.evonik.com)recently broke ground in Marl, Germany for construction of a new production plant for specialty polyamide 12 (PA12) powders. The specialty chemicals company will thus increase annual capacity for its Vestosint brand of PA12 powders by…
Rockwell Automation (Milwaukee, Wis.; www.rockwellautomation.com) has acquired Automation Control Products (ACP), a leading provider in centralized thin client, remote desktop and server management software. ACP’s two core products, ThinManager and Relevance, provide manufacturing and industrial leaders with visual display and…
Compañía Española de Petróleos S.A.U. (Cepsa; Madrid, Spain; www.cepsa.com) will invest over €50 million in its Andalusian chemical plants in 2016 (€30.1 million at its plants in San Roque, Cádiz, and €20 million in Palos de la Frontera, Huelva), to…