The U.S. economy continues to improve, with forecasts now suggesting economic expansion into 2015, according to the American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) monthly Chemical Activity Barometer (CAB), released today. The CAB is a leading economic indicator, shown to…
BASF SE (Ludwigshafen, Germany; www.basf.com)says that its U.S. affiliate, BASF Corp., has entered into an agreement to commence a cash tender offer for all of the outstanding shares of common stock of the biotechnology company Verenium Corp. (San Diego, Calif.)…
Kemira Oyj (Helsinki, Finland; www.kemira.com) has signed an agreement to acquire Soto Industries Inc, a privately owned company, headquartered in Vancouver, Canada. Soto is a specialty chemicals and services supplier to the pulp and paper industry. Soto supplies a broad…
Atlas Copco AB (Stockholm, Sweden; www.atlascopco.com), a provider of sustainable productivity solutions, has agreed to acquire Synatec GmbH, which provides quality-improvement solutions mainly to the automotive industry. Synatec, based near Stuttgart, Germany, provides products and solutions to improve flexibility and…
Safic-Alcan Groupe (Puteaux, France; www.safic-alcan.com), an international distribution group of chemical specialties, announces today it has acquired Laserson, a French chemical distributor. With this acquisition, Safic-Alcan has further enhanced its market position in the distribution of cosmetic specialty ingredients. Based…
The Global Chemical Production Regional Index (Global CPRI) slipped 0.1% in August, the first decline since a soft patch last November, according to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The U.S. CPRI also edged down, by 0.3% in…
SNC-Lavalin Inc. (Montreal, Quebec, Canada; www.snclavalin.com) says that Phase II of the Emirates Aluminum Smelter Complex (EMAL II) project in Abu Dhabi has achieved first hot metal nearly three months ahead of schedule. SNC-Lavalin has been contracted to provide engineering,…
Romarco Minerals, Inc. (Toronto, Ontario; www.romarco.com) has awarded Veolia Water Solutions & Technologies (Moon Township, Pa.; www.veoliawaterstna.com) a contract to supply engineering design, equipment, construction oversight and startup of a new 1,200 gallon per minute (gal/min) DesneSludge water treatment plant…
Wendelsheim (Germany), September 18, 2013 – Ehrfeld Mikrotechnik BTS GmbH (EMB; Wendelsheim; www.ehrfeld.com), a subsidiary of Bayer Technology Services GmbH (Leverkusen, both Germany; www.bayertechnology.com), has acquired a worldwide license from Alfa Laval AB (Lund, Sweden; www.alfalaval.com) to market and manufacture…
Fauske & Associates, LLC (FAI; Burr Ridge, Ill.; www.fauske.com), a leader in nuclear, industrial and chemical process safety, becomes one of the most comprehensive, state-of-the-art combustible dust hazards testing laboratories and education centers in the world. With regard to industrial and…