Perstorp Holding AB (Malmö, Sweden; www.perstorp.com) securing the future of its Caprolactone business through a significant investment to upgrade its original monomer Capa plant located in Warrington, U.K. The new equipment will be constructed using state of the art materials…
Daikin Industries, Ltd. (Osaka, Japan; www.daikin.com), recently agreed to acquire Heroflon S.p.A., an Italian manufacturer of fluoropolymer compounds. Daikin will obtain all company shares owned by the Heroflon Executive Officers with finalization of the acquisition planned for the end of…
Schneider Electric (Rueil-Malmaison, France; www.schneider-electric.com) has signed a contract to provide comprehensive process automation systems, solutions and services to Dangote Oil Refinery Ltd., a subsidiary of African business conglomerate Dangote Group. Under the terms of the agreement, Schneider Electric will…
MilliporeSigma (Billerica, Mass.; www.emdmillipore.com) announced that it has entered into an agreement to acquire Natrix Separations (www.natrixseparations.com), an Ontario, Canada-based provider of hydrogel membrane products for single-use chromatography. The transaction is expected to close in Q3 of 2017. Financial details were…
Shin-Etsu Chemical Co. (Tokyo, Japan; www.shinetsu.co.jp) announced that its U.S.-based group company Shin-Etsu Silicones of America (SESA) will expand the production capacity of its plant in Akron, Ohio, which is engaged in the manufacturing and sales of silicones in the…
W. R. Grace & Co. (Columbia, Md.; www.grace.com) has entered into a definitive agreement to acquire certain assets from Evonik Industries AG on September 5, 2017, following the close of Evonik’s acquisition of J.M. Huber Corp.’s silicas business. The assets…
ExxonMobil Chemical Co. (Houston; www.exxonmobilchemical.com) announced that its Singapore affiliate has completed its acquisition of one of the world’s largest aromatics facilities on Jurong Island in Singapore. The acquisition was first announced in May 2017. The facility, previously owned by…
The Dow Chemical Co. (Midland, Mich.; www.dow.com) and the Saudi Arabian Oil Co. (Saudi Aramco) announced a non-binding Memorandum of Understanding (MOU) that sets forth a process for Dow to acquire an additional 15% ownership interest from Saudi Aramco in…
CB&I (The Woodlands, Tex.; www.cbi.com) announced it has been awarded contracts by four PetroChina refineries located in Dalian, Liaoning Province; Jilin City, Jilin Province; Jinzhou, Liaoning Province; and Urumqi, Xinjiang Uygar Autonomous Region for the license, engineering design and proprietary…
Toray Industries, Inc. (Tokyo, Japan; www.toray.com) announced that it has decided to construct a new PPS (polyphenylene sulfide) compound production facility at the Hungarian site of its U.S subsidiary Zoltek Companies, Inc., the world’s largest supplier of large-tow carbon fibers.…