Novozymes A/S (Bagsvaerd, Denmark; www.novozymes.com) today announced the establishment of a new research and development center in the U.S. dedicated to its bioagriculture business. The center will be located near the Research Triangle Park in Cary, North Carolina, where the…
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), has reached its highest peak since March 2008. Even accounting for seasonal adjustments, the unusually harsh winter skewed earlier data, and…
Shin-Etsu Chemical Co. (Tokyo, Japan; www.shinetsu.co.jp) has decided to establish a new rare-earth magnet manufacturing plant in the Vietnam. The manufacturing capacity of the new plant will be 2,000 metric tons per year (m.t./yr) and the investment amount is about…
PolyOne Corp. (Avon Lake, Ohio; www.polyone.com) is establishing a new innovation center in Shanghai, China. The new site will facilitate collaboration, accelerate application development and increase speed-to-market for customers in the Asia Pacific region. The state-of-the-art facility will be…
The Hungarian fertilizer manufacturer NitrogeÌnmüvek Zrt. is extending its cooperation with plant engineering specialist ThyssenKrupp Industrial Solutions AG (Essen, Germany; www.thyssenkrupp-industrial-solutions.com). A granulation plant with a capacity of 1,550 ton/yr of ammonium nitrate (AN) or 1,960 ton/yr of calcium ammonium…
GTC Technology (Houston; www.gtctech.com) will provide its licensed Isomalk technologies to Shandong Sincier Chemical Group (SSCG) for a new refinery and petrochemicals complex in Dongying, Shandong province, China. Isomalk-2, a light-naphtha isomerization technology, will be used to produce an isomerate…
ICL (Tel Aviv, Israel; www.icl-group.com) says that its ICL Industrial Products segment (ICL IP) is progressing as planned with the project to increase its production capacity of FR-122P, it's polymeric flame retardant (FR) to replace the HBCD FR which is…
WorleyParsons Ltd. (North Sydney, Australia; www.worleyparsons.com) has signed a general agreement with ASD Global for the use of OptiPlant Pipe Router and Pipe Support Optimizer for all of its projects worldwide. In order to increase engineering efficiency for pre-FEED and…
Chemtura Corp. (Philadelphia, Pa.; www.chemtura.com) has announced that it has entered into a definitive agreement to sell its agrochemicals business, Chemtura AgroSolutions, to Platform Specialty Products Corp., a global specialty chemicals company, for approximately $1 billion. The consideration will be…
GEA Group (Düsseldorf, Germany; www.gea.com) announces the sale of its Heat Exchangers (HX) Segment to funds advised by Triton (Frankfurt am Main, Germany; www.triton-partners.com). The purchase agreement was signed today. The sale is based on an enterprise value of approximately…