Ashland Inc. (Covington, Ky.; www.ashland.com) has announced it has signed a definitive agreement to sell Ashland Water Technologies to a fund managed by Clayton, Dubilier & Rice in a transaction valued at approximately $1.8 billion. The transaction is expected to…
Air Products (Lehigh Valley, Pa.; www.airproducts.com) has recently signed contracts with more than 20 recycled-copper manufacturers in China to provide its oxy-fuel solution, and about half of them are already onstream and running. The solution helps to improve productivity and…
U.S. exports of chemicals grew 0.4% in 2013, while chemical imports declined by 1.0%, expanding the trade surplus in the U.S. chemical industry to $3.4 billion, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The value of the…
Ineos Technologies’ (Rolle, Switzerland; www.ineos.com) Ineos Oxide has expanded its ethylidene norbornene (ENB) plant at its Antwerp facility, increasing its capacity to 28,000 metric tons per year (m.t./yr), making it the single largest ENB plant in the world, according to…
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) has announced that it has entered into a definitive agreement with AMEC plc (London, U.K.; www.amec.com) pursuant to which AMEC will make an offer to acquire all the issued and to be issued share…
NAES Corp. (Issaquah, Wash.; www.naes.com), a provider of services to the energy industry, announces it has entered the downstream market, providing capital construction and turnaround management and execution services to process plants in the Texas Gulf Coast, including the Houston…
Samsung Engineering Co., Ltd. (Seoul, South Korea; www.samsungengineering.com) has announced that it has received a contract for the $3.8 billion Mina Abdullah I refinery of the Clean Fuels Project (CFP) from Kuwait National Petroleum Company (KNPC). The Mina Abdullah…
Camfil Air Pollution Control (APC; Jonesboro, Ark.; www.camfilapc.com) announces that its parent, Camfil (Stockholm, Sweden) has signed an agreement to acquire 100% of Handte Umwelttechnik GmbH in Germany and Handte's operations in Switzerland, the Czech Republic and China. The acquisition,…
Air Liquide (Paris, France; www.airliquide.com) is further strengthening its position in Germany by signing a major long-term supply contract with ThyssenKrupp Steel Europe AG in the Rhine-Ruhr area, one of the largest and leading industrial basins in Europe. Deliveries under…
Axiall Corp. (Atlanta, Ga.; www.axiall.com) and Lotte Chemical (Seoul, South Korea; www.lottechem.com) have announced that they have signed an agreement to pursue a 50/50 joint venture (JV) arrangement for the design, construction and operation of a proposed 1 million metric…