GE Power & Water (Schenectady, N.Y.; www.gepower.com) announced that it has agreed to acquire IMT Solutions, a private Netherlands-based manufacturer of ultrafiltration and microfiltration membranes for water treatment. With IMT’s ultrafiltration membrane technology, GE will be expanding and complementing its…
Ineos Technologies’ (Rolle, Switzerland; www.ineos.com) Ineos Americas LLC has announced that it has acquired the aromatics business of Axiall Corp. (Atlanta, Ga.; www.axiall.com). $52.4 million was paid at closing and an additional $10.5 million may be payable after closing upon…
Kuraray Co. (Tokyo, Japan; www.kuraray.co.jp/en) announced its decision to expand production facilities for optical-use polyvinyl alcohol (poval) film, which serve as a base film for polarized film, an essential component of liquid crystal displays (LCDs), at its Saijo Plant (Saijo,…
ExxonMobil Corp. (Irving, Tex.; www.exxonmobil.com) has reached an agreement with PBF Energy, Inc. for the sale and purchase of its refinery in Torrance, Calif., a lubricants distribution center at Vernon, products terminals at Vernon and Atwood, and associated California pipelines…
Mitsubishi Polyester Film, Inc. (MPF; www.m-petfilm.com) has announced an investment of $100 million to increase its capacity for biaxially oriented polyester (BOPET) film at its plant in Greer, S.C. The investment will include a new film production line scheduled to…
Kraton Performance Polymers, Inc. (Houston; www.kraton.com), a global producer of highly-engineered polymers, announced that it has entered into a definitive agreement to acquire all of the capital stock of privately held Arizona Chemical Holdings Corp. for a cash purchase price…
Effective October 1, Mitsubishi Heavy Industries, Ltd. (MHI; www.mhi-global.com) has appointed senior vice president Yoshihiro Shiraiwa to serve as president of Mitsubishi Heavy Industries France S.A.S. (MHIF), a wholly owned subsidiary based in Paris, marking the start of a new…
Inovyn (www.inovyn.com), a joint venture between Solvay S.A. (Brussels, Belgium; www.solvay.com) and Ineos Technologies (Rolle, Switzerland; www.ineos.com) announced that it is planning a major investment in a large scale potassium hydroxide (KOH) production facility at its Antwerp/Lillo site, Belgium. This…
BASF SE (Ludwigshafen, Germany; www.basf.com) and Genomatica (San Diego, Calif.; www.genomatica.com) have expanded the scope of their license agreement for the production of 1,4-butanediol based on renewable feedstock (renewable BDO) using Genomatica’s patented process. The parties added certain countries in Southeast Asia to…
AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) has announced plans to invest in its Performance Coatings business in Vietnam. In addition to doubling capacity at its powder coatings facility in Dong Nai, the company also intends to open a new office for…