Mobile Navigation

Data analytics company Wood Mackenzie acquired by Verisk

Verisk Analytics, Inc. (Jersey City, N.J.; www.verisk.com) a leading data analytics provider, announced it has signed a definitive agreement to acquire Wood Mackenzie (www.woodmac.com) from Hellman & Friedman and other Wood Mackenzie shareholders. Wood Mackenzie is a global leader in…

Arkema to expand production of PEKK specialty polymer in the U.S. and France

Arkema (Colombes, France; www.arkema.com) is actively developing its new Kepstan PEKK (Poly-Ether-Ketone-Ketone) ultra-high-performance polymer with applications in the fields of carbon fiber composites and 3-d printing. Success in these fields has prompted Arkema to increase its production capacities in France…

Sonoco acquires majority stake in Brazilian packaging firm

Sonoco Products Co. (Hartsville, S.C.; www.sonoco.com), announced the signing of a definitive agreement to acquire a majority interest in Graffo Paranaense de Embalagens S/A (Graffo), a closely held flexible packaging business located in Pinhais, Curitiba, Brazil. Terms were not disclosed,…

Chemical Heritage Foundation names new vice president

The Chemical Heritage Foundation (CHF; Philadelphia, Pa.; www.chemheritage.org) has named Kathryn Humphreys vice president of development. Humphreys comes to CHF from Cornell University, where she provided leadership and direction for fundraising, alumni programs, donor relations, and stewardship in the College…

Perstorp starts up plant in Sweden

Perstorp Holding AB (Malmö, Sweden; www.perstorp.com) announces the successful startup of a new major investment in Sweden. Production of key raw materials for Perstorp’s general-purpose PVC plasticizers, valeraldehyde and 2-propylheptanol, and associated chemicals, at a major extension to the company’s…

Total acquires majority stake in Polyblend

Total S.A. (Paris, France; www.total.com) has acquired a majority 68% interest in Germany's Polyblend, which manufactures polymer plastics intended primarily for the automotive industry. The transaction is aligned with Total's strategy of developing higher-value-added polymers and differentiating itself in markets…

ABB to build manufacturing site in Tennessee

ABB (Zurich, Switzerland; www.abb.com) will invest $30 million in building a new manufacturing site and expanding its customer experience center for its Low Voltage Products division near Memphis, Tenn. The investment will initially create more than 200 jobs, with a…

DSM finalizes sale of Euroresins business

Royal DSM (Heerlen, the Netherlands; www.dsm.com) has finalized the sale of its Euroresins business to Cathay Investments. The divestment was announced on December 23, 2014. Euroresins is a distributor of products to the composite resins industry with activities in nine…

Solvay signs exclusive license for Revolymer encapsulation technology

Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed a global license agreement with polymer technology company Revolymer Ltd. (Flintshire, U.K.; www.revolymer.com) to exclusively apply its encapsulation technology to boost the performance of Solvay’s organic peroxide Eureco, which is used in detergents and…

Wood Group to provide automation services for ExxonMobil Gulf Coast projects

Wood Group Mustang’s (Houston; www.mustangeng.com) Automation and Control business unit is providing process control systems detailed engineering, procurement and fabrication services for the multi-billion dollar expansion project by ExxonMobil Chemical Co. (Houston; www.exxonmobilchemical.com) at the Baytown and Mont Belvieu plants…