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Kreisel strengthens its position in southern Germany  

On February 15, 2014, Kreisel GmbH & Co. KG (Krauschwitz, Germany; www.kreisel.eu) took over the business of the insolvent Schäffer Verfahrenstechnik GmbH & Co. KG in Thierhaupten near Augsburg. The approximately 30 employees will retain their jobs in the newly…

Evonik opens expanded silica plant in Thailand

Evonik Industries AG (Essen, Germany; www.evonik.com) has opened its expanded production plant for precipitated silica in Rayong, Thailand. With this investment, Evonik increased its capacity for precipitated silica for the automotive industry, food and animal feed industry, as well as…

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Foster Wheeler awarded FEED contracts by S-OIL for residue-upgrading project  

Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that subsidiaries of its Global Engineering and Construction Group have been awarded contracts by S-OIL Corporation for the front-end engineering design (FEED) for a residue upgrading project at S-OIL’s Onsan refinery in Ulsan,…

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KBR awarded EPC contracts for Agrium’s nitrogen-operations Facility  

KBR (Houston; www.kbr.com) says that Agrium awarded the company two engineering, procurement and construction (EPC) contracts for a new grassroots urea plant and to increase the ammonia capacity for Agrium’s Lone Star Project in Borger, Texas. Upon completion, this world-scale…

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Evonik invests in innovative methionine source for shrimp  

Evonik Industries AG (Essen, Germany; www.evonik.com) will build the world's first plant for the production of Aquavi Met-Met — a new source of methionine specially developed for shrimp and other crustaceans — in Antwerp, Belgium. Aquavi Met-Met is added to…

Foster Wheeler acquires MDM Engineering for $109 million

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 strengthens films unit with acquisition of Commonwealth Laminating & Coating

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 and Messer collaborate on acquisition and divestiture

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 acquires Chinese water-purification company Qinyuan

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…

FMC announces separation into two independent companies

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…