As part of its ongoing transformation, Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed an agreement to acquire privately-held Chemlogics (Paso Robles, Calif.) for a total cash consideration of $1.345 billion. Adding the U.S.-based company to Solvay's Novecare business unit will…
Teijin Ltd. (Tokyo, Japan; www.teijin.co.jp) imited announced today that it has established a joint venture with South Korean chemical producer SK Chemicals to develop and sell polyphenylene sulfide (PPS) resins and compounds in Ulsan, South Korea. Construction of a 12,000-ton/yr…
Ashland Water Technologies, a commercial unit of Ashland Inc. (Covington, Ken.; www.ashland.com), and Dorf Ketal Chemicals, LLC, a specialty chemicals company serving the downstream refining and petrochemical industries, today announced they have entered a strategic distribution agreement within North America…
The Babcock & Wilcox Company (B&W; Charlotte, N.C.; www.babcock.com) announced today that its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has signed an agreement with the FutureGen Industrial Alliance to perform full front-end engineering and design (FEED)…
The JPMorgan Global Manufacturing Purchasing Manager’s Index (PMI)rose 0.2 points to 51.8, signaling that global manufacturing saw a modest pace of expansion in September, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC;…
Primus Green Energy (Hillsborough, N.J.; www.primusge.com) held an event yesterday to mark the official commissioning of its demonstration-scale plant for making drop-in gasoline from synthesis gas. The company’s STG-plus process generates high-octane gasoline from syngas, without the need…
JGC Corp. (Yokohama, Japan; www.jgc.co.jp) announced today that a contract has been signed between Chevron Phillips Chemical Company LP (Chevron Phillips Chemical) and JGC and Fluor Corp. (Irving, Tex.; www.fluor.com) to provide engineering, procurement, and construction services for the company's…
Technip (Paris, France; www.technip.com) and Zachry Industrial (San Antonio, Tex.; www.zhi.com), in a partnership called Gulf Coast Partners, have been awarded a substantial contract to design and build two polyethylene (PE) plants for Chevron Phillips Chemical Company LP (Chevron Phillips…
AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) has finalized the €260-million divestment of its Building Adhesives business to Sika AG. Under the terms of the deal, all of Building Adhesives' approximately 550 employees have transferred to the new owners, along with the…
Arkema (Colombes, France; www.arkema.com), a worldwide producer of organic peroxides, and Saudi investment company Watan Industrial Investment have signed an agreement for the construction of an organic peroxide production site on the Al Jubail platform, Saudi Arabia. The facility, requiring…