Ingevity Corp. (North Charleston, S.C.; www.ingevity.com) today announced it has reached an agreement with Georgia-Pacific to acquire Georgia-Pacific’s pine chemicals business for a cash purchase price of $315 million. The acquisition is subject to certain regulatory approvals and other customary…
The preliminary value for the June CE Plant Cost Index (CEPCI; most recent available) dipped slightly compared to the previous month’s value, and although the decrease was small, it ends a string of eight straight months of increasing values. All…
The Management Board of Pfeiffer Vacuum Technology AG (Nashua, N.H.; www.pfeiffer-vacuum.com) today announced the acquisition of U.S.-based Nor-Cal Products Inc. (Yreka, Calif.; www.n-c.com), effective June 22, 2017. With around 300 employees in the USA and Vietnam, Nor-Cal manufactures premium-quality vacuum…
The American Chemistry Council’s (Washington, D.C.; www.americanchemistry.com) Global Chemical Production Regional Index (Global CPRI) shows that global chemicals production rose 0.4 percent in June. This matches the pace in May, as measured on a three-month moving average (3MMA) basis. During…
Praxair Inc. (Danbury, Conn.; www.praxair.com) announced it has started up its new air separation plant for Nanjing Jinling Huntsman New Materials Co., Ltd., a joint venture between SINOPEC Jinling and Huntsman. Through a long-term contract, the 900-ton-per-day plant will supply…
The preliminary value for the May CE Plant Cost Index (CEPCI; most recent available) rose compared to the previous month’s value, making it the eighth straight month of increasing values. New data for carbon-steel plates pushed the Equipment subindex…
The following is a list of selected recently published books that may have interest to professionals in the chemical process industries (CPI). Standards and Typical Specifications for Tray-Type Dearators, 10th ed., by the Heat Exchange Institute (HEI), www.heatexchange.org, 2017, $150.…
The American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Global Chemical Production Regional Index (Global CPRI) shows that global chemicals production rose 0.5 percent in May after revised flat performance in April, as measured on a three-month moving average (3MMA) basis.…
The American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) reported today that after a strong start to the second quarter, growth in U.S. specialty chemicals market volumes eased to a 0.3 percent gain in May, about half the pace of the…
The preliminary value for the April CE Plant Cost Index (CEPCI; the most recent available) rose compared to the previous month’s value, making it the seventh straight month of increasing values. The gain in the overall PCI was driven by…