Advent International www.adventinternational.com), one of the largest and most experienced global firms dedicated solely to private equity, today announced its divestment from Oxea (www.oxea-chemicals.com), one of the largest global manufacturers of Oxo chemicals. Oman Oil Co. (OOC; Muscat; www.oman-oil.com), a…
Clariant (Muttenz, Switzerland; www.clariant.com) has successfully expanded production capacity for Houdry dehydrogenation catalysts at its Louisville/Kentucky, USA plant. The double-digit million Swiss francs debottlenecking investment will support increasing demand for Houdry catalysts driven mainly by shale gas development. The facility…
Lanxess AG (Cologne, Germany; www.lanxess.com) has commissioned a new CO2 concentration unit at its Newcastle production site in South Africa. Lanxess has invested some €40 million to build the unit, which was completed in just 19 months. The company operates…
Novozymes (Copenhagen, Denmark; www.novozymes.com), the world’s largest producer of industrial enzymes, and Beta Renewables, a global leader in cellulosic biofuels and part of the Mossi Ghisolfi Group, announced the official opening in Northern Italy of the world’s largest advanced biofuels…
Air Products (Lehigh Valley, Pa.; www.airproducts.com) announced plans to build, own and operate a new liquid nitrogen production facility in West Texas to serve the oil and gas industry in the Permian Basin. The new facility, to have an approximate…
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…
Airgas, Inc. (Radnor, Pa.; www.airgas.com), a supplier of industrial, medical, and specialty gases, and related products, today announced that it has reached a definitive agreement to acquire the assets and operations of The Encompass Gas Group, Inc., headquartered in Rockford,…
Nexeo Solutions (The Woodlands, Tex.; www.nexeosolutions.com), a chemical distributor, announced that they have entered into an agreement to acquire Chemical Specialists and Development, Inc. (CSD), also known as Startex Chemical. Through this acquisition, Nexeo Solutions expands its capabilities in formula…