Total S.A. (Paris; www.total.com) and Saft, a designer and manufacturer of advanced industrial batteries, announced that, following the signature of an agreement between the companies, Total filed a friendly tender offer on all of the issued and outstanding shares in…
Air-pollution-control company Anguil Environmental Systems, (Milwaukee, Wis.; www.anguil.com) is announcing the creation of a new water-treatment division named Anguil Aqua Systems. The new initiative will leverage Anguil’s extensive engineering experience and process knowledge. Anguil has spent the past three years…
Asahi Glass Co., Ltd. (AGC; Tokyo; www.agc.com) has decided to further increase the production capacity of vinyl chloride monomer (VCM) at P.T. Asahimas Chemical (ASC), one of its consolidated subsidiaries in Indonesia. ASC has recently completed a facility enhancement, which…
Honeywell (Morristown, N.J.; www.honeywell.com) announced its intention to spin off its Resins and Chemicals business into a standalone, publicly traded company named AdvanSix Inc. Honeywell will file a Form 10 relating to the transaction with the Securities and Exchange Commission…
GreenMantra Technologies (Brantford, Ontario, Canada; www.greenmantra.ca), a rapidly growing producer of high-value waxes and specialty chemicals from recycled plastic feedstocks, announced that it has completed construction of a new manufacturing plant, significantly expanding its capacity and the availability of its…
Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed a definitive agreement with Brazilian chemical group Unipar Carbocloro to sell its 70.59% stake in Solvay Indupa. “Solvay’s divestment of Indupa follows our announced early exit of our European PVC joint venture as…
Renewable materials company Stora Enso Oyj (Helsinki, Finland; www.storaenso.com) and specialty chemicals company Rennovia, Inc. (Santa Clara, Calif.; www.rennovia.com) have announced a joint development and license agreement to cooperate on bio-based chemicals development. Under the terms of the…
GE Power (Schenectady, N.Y.; www.gepower.com) announced that it has signed a purchase agreement to acquire the Heat Recovery Steam Generator (HRSG) business of Doosan Engineering & Construction for $250 million. The Doosan Engineering & Construction HRSG acquisition will help GE…
Albemarle Corp. (Baton Rouge, La.; www.albemarle.com) announced that it is discontinuing production of its hexabromocyclododecane (HBCD)-based flame retardants so that it can focus on supplying GreenCrest polymeric fire safety solutions, a sustainable alternative to HBCD. GreenCrest, which is based on…
Biotechnology company Aemetis, Inc. (Cupertino, Calif.; www.aemetis.com) and Edeniq, a leading cellulosic ethanol technology company, announced that they have entered into a definitive agreement under which Aemetis will acquire all of Edeniq’s outstanding shares in a stock plus cash merger…