Ashland Inc. (Covington, Ky.; www.ashland.com) announced that it has signed a definitive agreement to sell the industrial biocides assets within Ashland Specialty Ingredients to Troy Corp., a global leader in microbial control products and performance additives. The transaction is expected…
Vestolit, a subsidiary of Mexichem S.A.B. de C.V. (Tlalnepantla, Mexico; www.mexichem.com) announced today that is moving forward to expand its production of specialty-paste polyvinyl chloride (PVC) in Marl, Germany. Vestolit will build a new production line of 40,000 metric tons/year…
AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) has announced plans to invest more than €30 million in a manufacturing facility in Thailand to support regional growth of its Performance Coatings business. The project, which is being supported by the Thailand Board of…
KBR, Inc. (Houston; www.kbr.com) announced that it has been awarded a contract by OJSC Togliattiazot (ToAZ) to provide licensing, basic engineering design, front-end engineering and design services to revamp ToAZ's existing seven ammonia plants in Togliatti, Samara region, Russia. Under…
ICL’s (Tel Aviv, Israel; www.icl-group.com) Performance Products segment (ICL PP) has agreed to sell its Germany-based Pharma, Cosmetics and Gypsum (PCG) business to an affiliate of One Rock Capital Partners (New York, N.Y.). The share and asset purchase transaction is…
Johnson Matthey (London; www.matthey.com) announced that is has acquired the StePac Modified Atmosphere Packaging (MAP) business from DS Smith for £18.0 million, subject to typical post-closing adjustments. The transaction, which includes all assets of StePac, is an important step in…
Oxea (Oberhausen, Germany; www.oxea-chemicals.com) has decided to enlist the services of chemical distributor IMCD Group B.V. (Rotterdam, The Netherlands; www.imcdgroup.com) to distribute Oxea’s broad range of carboxylic acids in the U.K., Ireland, and the Nordic region. “For us at Oxea…
ITT Corp. (White Plains, N.Y.; www.itt.com) announced that it is expanding its manufacturing operations in Westminster, S.C., by investing approximately $1 million to build a new test facility. The investment is part of a total of $2.5 million that the…
Royal DSM (Heerlen, the Netherlands; www.dsm.com) and Zhejiang NHU Co., who specializes in the production of food additives, feed additives, polymers and materials, announce the formation of a new joint venture (JV) company for the market development and manufacturing of…
Perstorp Holding AB (Malmö, Sweden; www.perstorp.com) officially opened a major extension to its capacity to produce PVC plasticizers and key chemical intermediates. The new state-of-the-art oxo plant in Stenungsund, Sweden, began producing material soon after its start-up in January, and…