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AkzoNobel to build coatings-manufacturing plant in Thailand

AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) has announced plans to invest more than €30 million in a manufacturing facility in Thailand to support regional growth of its Performance Coatings business. The project, which is being supported by the Thailand Board of…

KBR awarded contract for revamp of seven ammonia plants in Russia

KBR, Inc. (Houston; www.kbr.com) announced that it has been awarded a contract by OJSC Togliattiazot (ToAZ) to provide licensing, basic engineering design, front-end engineering and design services to revamp ToAZ's existing seven ammonia plants in Togliatti, Samara region, Russia. Under…

ICL divests pharma, cosmetics and gypsum business unit

ICL’s (Tel Aviv, Israel; www.icl-group.com) Performance Products segment (ICL PP) has agreed to sell its Germany-based Pharma, Cosmetics and Gypsum (PCG) business to an affiliate of One Rock Capital Partners (New York, N.Y.). The share and asset purchase transaction is…

Johnson Matthey acquires packaging business StePac

Johnson Matthey (London; www.matthey.com) announced that is has acquired the StePac Modified Atmosphere Packaging (MAP) business from DS Smith for £18.0 million, subject to typical post-closing adjustments. The transaction, which includes all assets of StePac, is an important step in…

Oxea partners with IMCD to market carboxylic acids in northern Europe

Oxea (Oberhausen, Germany; www.oxea-chemicals.com) has decided to enlist the services of chemical distributor IMCD Group B.V. (Rotterdam, The Netherlands; www.imcdgroup.com) to distribute Oxea’s broad range of carboxylic acids in the U.K., Ireland, and the Nordic region. “For us at Oxea…

ITT expands testing facilities for natural-gas vehicle components

ITT Corp. (White Plains, N.Y.; www.itt.com) announced that it is expanding its manufacturing operations in Westminster, S.C., by investing approximately $1 million to build a new test facility. The investment is part of a total of $2.5 million that the…

DSM forms polyphenylene sulfide JV in China

Royal DSM (Heerlen, the Netherlands; www.dsm.com) and Zhejiang NHU Co., who specializes in the production of food additives, feed additives, polymers and materials, announce the formation of a new joint venture (JV) company for the market development and manufacturing of…

Perstorp begins production at new oxo plant in Sweden

Perstorp Holding AB (Malmö, Sweden; www.perstorp.com) officially opened a major extension to its capacity to produce PVC plasticizers and key chemical intermediates. The new state-of-the-art oxo plant in Stenungsund, Sweden, began producing material soon after its start-up in January, and…

Celanese appoints presidents for acetyls and materials divisions

Celanese Corp. (Irving, Tex.; www.celanese.com) announced the appointment of Pat Quarles as executive vice president and president, Acetyl Chain and Integrated Supply Chain, and Scott Sutton as executive vice president and president, Materials Solutions, effective June 1, 2015. Both executives…

Grace-Chevron JV to build catalyst plant in Lake Charles

W.R. Grace & Co. (Columbia, Md.; www.grace.com) announced that Advanced Refining Technologies (ART), the company’s joint venture (JV) with Chevron Products Co., will invest approximately $135 million to build a residue hydroprocessing catalyst plant and additional alumina capacity at the…