Braskem S.A. (Sao Paulo, Brazil; www.braskem.com.br) has announced the execution of an agreement with Grupo Solvay for the acquisition of 70.59% of the total and voting capital of Solvay Indupa S.A.I.C. The transaction price is $290 million. The consummation of…
Tolyattikauchuk, a subsidiary of Sibur (Moscow; www.sibur.com), has commissioned a third butyl rubber separation line, expanding its production capacity from 48,000 metric tons per year (m.t./yr) to 53,000 m.t./yr. The new line is part of an investment project to upgrade…
Air Products (Lehigh Valley, Pa.; www.airproducts.com) has signed a long-term agreement for the production of liquid CO2 with Southwest Iowa Renewable Energy, LLC (SIRE). Air Products will build a facility to produce 400 ton/d of liquid CO2 at SIRE’s established…
BASF SE (Ludwigshafen, Germany; www.basf.com) and Renmatix Inc. (Philadelphia, Pa.; www.renmatix.com) will jointly scale up the Renmatix Plantrose process for the production of industrial sugars based on lignocellulosic biomass. The two companies signed a non-exclusive joint development agreement. The parties…
Clariant (Muttenz, Switzerland; www.clariant.com) has announced the intention to acquire Plastichemix Industries, a masterbatch business in India, located in Vadodara with production facilities in Rania, Kalol and Nandesari in Gujarat, India. Plastichemix Industries is a supplier of black, white, filler…
Sika AG (Baar, Switzerland; www.sika.com) has agreed to acquire LCS Optiroc Pte Ltd. in Singapore and LCS Optiroc SDN. BHD in Malaysia. Both acquired companies are manufacturers of cementitious powder products. Founded by Kim Hong Lim and Choong Fee Chong,…
BASF SE (Ludwigshafen, Germany; www.basf.com) will build a compounding plant for engineering plastics Ultramid (polyamide) and Ultradur (polybutylene terephthalate, PBT) compounds in Yesan, Chung Nam Province, Korea. The new plant is expected to begin construction by first half of 2014…
PolyOne Corp. (Avon Lake, Ohio; www.polyone.com), a provider of specialized polymer materials, services and solutions, has begun production in a new facility in Turkey. The operations feature enhanced capabilities with an expanding portfolio of specialty polymer formulations. The facility is…
Haldor Topsøe A/S’ (Lyngby, Denmark; www.topsoe.com) board of directors today approved the capital investment needed to carry out the construction that in two primary phases will establish a new automotive catalyst plant in Tianjin Economic Technological Development Area (TEDA) located…
Bechtel (San Francisco, Calif.; www.bechtel.com) has been selected by BHP Billiton to provide engineering, project management, and construction services for a system that will bring a sustainable water supply to the Escondida copper mine in the Atacama Desert of northern…