Covestro (Leverkusen, Germany; www.covestro.com) has agreed to sell its North American spray polyurethane foam system business to Accella Polyurethane Systems LLC (www.accellacorp.com). Accella is a portfolio company of Arsenal Capital Partners. The sale is scheduled to be completed in the…
Honeywell (Morris Plains, N.J.; www.honeywell.com) announced that Houston-based Enterprise Products Operating LLC has chosen Honeywell UOP’s C4 Oleflex technology to produce 425,000 metric tons per year (m.t./yr) of isobutylene, which is used to make high-octane fuel and high-performance synthetic rubbers…
D3MAX LLC (Grand Forks, N. Dak.; www.D3MAXLLC.com) has announced the completion and shipment of its pilot plant employing the patented D3MAX cellulosic ethanol technology. The pilot facility will be installed at ACE Ethanol, LLC, in Stanley, Wisconsin, in late February.…
The industrial and technology group thyssenkrupp AG (Essen, Germany; www.thyssenkrupp.com) has reached agreement with Ternium on the sale of the CSA Siderúrgica do Atlântico (CSA) steel plant in Brazil. The purchase price (enterprise value) is €1.5 billion. “With the sale…
Praxair, Inc. (Danbury, Conn.; www.praxair.com) has signed a 15-year agreement to supply Celanese Corp. (Irving, Tex.; www.celanese.com) with carbon monoxide, as well as oxygen and nitrogen, in the U.S. Gulf Coast. Praxair will deliver high-purity carbon monoxide to Celanese from…
KBR, Inc. (Houston; www.kbr.com) has been awarded a contract by Mangalore Chemicals and Fertilizers Ltd (MCF) for revamping its ammonia plant at Panambur, Mangalore in India. Under the terms of the contract, KBR will provide its ammonia technology to enhance…
POET-DSM Advanced Biofuels, LLC (Sioux Falls, S. Dak.; www.poetdsm.com), a 50/50 joint venture between Royal DSM and POET, LLC, will build an onsite enzyme-manufacturing (OSM) facility in Emmetsburg, Iowa, pending state and local approvals. The facility will be integrated into…
TPC Group Inc. (Houston; www.tpcgrp.com) announced the appointment of Bart de Jong as senior vice president and chief financial officer (CFO) of the company. In this role, Mr. de Jong will oversee the finance, accounting and investor relations functions, in…
Royal DSM (Heerlen, the Netherlands; www.dsm.com) announced that it has acquired the technology and other assets of Suzhou SunShine New Materials Technology Co. — the manufacturer of a novel, high-performance solar photovoltaic (PV) backsheet based on co-extrusion technology. In 2016,…
ExxonMobil Corp. (Irving, Tex.; www.exxonmobil.com) announced the expansion of its Singapore refinery to support the production of the company’s EHC Group II base stocks, which will strengthen the global supply of these products and enhance the Singapore facility’s competitiveness. Construction…