Foster Wheeler AG (Zug, Switzerland; www.fwc.com) has announced that an indirect wholly owned subsidiary has entered into a merger implementation agreement with MDM Engineering Group Ltd. to acquire all of the ordinary shares and options in issue of MDM Engineering…
Eastman Chemical Co. (Kingsport, Tenn.; www.eastman.com) has announced that it has entered into a definitive agreement to acquire Commonwealth Laminating & Coating, Inc. The company, which had 2013 sales revenue of approximately $100 million, is an independent manufacturer and global…
Praxair, Inc. (Danbury, Conn.; www.praxair.com) has announced that it has strengthened its position in Italy through the acquisition of Messer Italia S.p.A’s liquid carbon dioxide, oxygen, nitrogen and argon and packaged gases businesses. The businesses will be fully integrated into…
Unilever PLC (London; www.unilever.com) has acquired a majority stake in the Qinyuan Group, a leading Chinese water purification business for an undisclosed amount. Qinyuan generated sales approaching €140 million (c. 1.2 billion RMB) for the 12-month period ending 31 December…
The JPMorgan Global Manufacturing PMI (purchasing manager's index) rose 0.3 points to 53.3 in February, a 34-month high, according to the latest Weekly Economic and Chemistry report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The global PMI…
Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com) officially opened a large extension of the company's catalyst plant in Frederikssund, Denmark. This plant and a plant in Houston, Texas, constitute the company's two primary facilities globally. The extension, representing an investment in…
FMC Corp. (Philadelphia, Pa.; www.fmc.com) has announced plans to separate into two independent public companies, "New FMC," which will be comprised of FMC's Agricultural Solutions and Health and Nutrition segments and "FMC Minerals," which will be comprised of FMC's current…
BASF SE (Ludwigshafen, Germany; www.basf.com) today inaugurated a new global Research and Development (R&D) Center at its Thane site in Navi Mumbai, India, focusing on organic synthesis, advanced process and formulation research, discovery chemistry for modern agricultural solutions, and molecular…
ExxonMobil Chemical Company (Houston, Tex.; www.exxonmobilchemical.com) has announced that it will build facilities to manufacture premium halobutyl rubber and hydrogenated hydrocarbon resin at its recently expanded petrochemical complex in Singapore. Engineering and procurement activities have begun, with construction expected to…
BASF SE (Ludwigshafen, Germany; www.basf.com) broke ground on a new resin and electrocoat (e-coat) plant at the Shanghai Chemical Industry Park in Shanghai. With its operation scheduled to commence in the second half of 2015, the plant will help to…