Air Liquide (Paris, France; www.airliquide.com) signed a new longterm contract with Yan’an Energy and Chemical Co., a subsidiary of Yanchang Petroleum Group, one of the four largest Chinese companies for oil and natural gas exploration & production, and oil refining.…
Saudi Basic Industries Corp. (Sabic; Riyadh, Saudi Arabia; www.sabic.com) announced that it has named the Greater Houston area as its regional headquarters for all of its Americas-based business. Naming the Houston area as the regional hub was a natural next…
BASF SE (Ludwigshafen, Germany; www.basf.com) will expand its emollients and waxes production capacity with a new plant at its site in Jinshan, Shanghai, China. The investment, complementing the current production of wax esters, emulsifiers and primary surfactants in Jinshan, will…
Praxair, Inc. (Danbury, Conn.; www.praxair.com) announced the startup of its new air separation plant at the Liaoning Oxiranchem, Inc. (Oxiran) facility in Yangzhou Chemical Industrial Park, Jiangsu Province, China. Praxair is the exclusive industrial gas supplier in the growing chemical…
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…