AkzoNobel’s (Amsterdam, the Netherlands; www.akzonobel.com) Specialty Chemicals business has completed an organic peroxides expansion project at its Polymer Chemistry production facility in Los Reyes, Mexico. The investment will increase the company’s peroxyester capacity in North America by 40%, substantially increasing…
Air Liquide Engineering & Construction (www.engineering-airliquide.com) has recently signed a major contract amounting around €100 million to design and built three air separation units (ASUs) for Yankuang Group, one of the largest energy and chemical companies in China. Air Liquide Engineering & Construction…
Eastman Chemical Co. (Kingsport, Tenn.; www.eastman.com) announced a planned expansion of its Performance Films manufacturing capacity in Martinsville, Virginia. The capacity expansion is expected to be complete in late 2017 and will increase capacity for both paint protection films and…
AkzoNobel N.V. (Amsterdam, the Netherlands; www.akzonobel.com) has opened a new Performance Coatings production facility in Chonburi, Thailand. With an investment of €31 million, AkzoNobel expands its footprint with this ninth production site in the South East Asia region. The new…
Spirax-Sarco Engineering plc (Cheltenham, U.K.; www.spiraxsarcoengineering.com) signed an agreement to acquire Chromalox, Inc. (Pittsburgh, Pa.; www.chromalox.com) from Irving Place Capital for a cash-free, debt-free consideration of $415 million (£319 million). Chromalox is a well-established provider of electrical products, systems and…
Covestro AG (Leverkusen, Germany; www.covestro.com) CEO Patrick Thomas has confirmed to the company's Supervisory Board that he will complete his contract as expected on September 30, 2018. Per the Supervisory Board’s succession decision, Patrick Thomas shall be followed as CEO…
ABB (Zurich, Switzerland; www.abb.com) officially inaugurated its new $90-million state-of-the-art Canadian headquarters and Customer Innovation Center, which will serve 700 employees who were previously spread across six locations in Greater Montreal. Campus Montreal houses research and development, manufacturing, assembly and…
Airgas (Radnor, Pa.; www.airgas.com) announced the grand opening of its new air separation unit (ASU) and co-located hydrogen plant in Calvert City, Kentucky with a ribbon cutting ceremony and guided tours of the facility. The new ASU produces liquid oxygen,…
PPG Industries, Inc. (Pittsburgh, Pa.; www.ppg.com) has reached a definitive agreement to sell its remaining fiberglass operations to Nippon Electric Glass Co. (NEG), a leading manufacturer of fiberglass. The transaction is expected to close in the second half of 2017,…
Cabot Corp. (Boston, Mass.; www.cabot-corp.com) has committed to build a new world-class fumed silica plant in Carrollton, Kentucky. The plant will be adjacent to the existing Dow Corning silicone monomer plant in Carrollton and is an extension of Cabot’s long-term relationship…