AkzoNobel (Amsterdam, The Netherlands; www.akzonobel.com) today announced the divestment of its North American Decorative Paints business to PPG Industries, Inc. (PPG; Pittsburgh, Pa.; www.ppg.com), for the value of $1.05 billion. In 2011, the North American Decorative Paints business had revenues…
The trade surplus of U.S. chemicals will expand to $2.4 billion in 2013 and to $3.3 billion in 2014, according to projections in the 2012 Year-End Situation and Outlook report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). “Renewed…
KBR (Houston; www.kbr.com) announced today that Indorama Eleme Fertilizer & Chemicals Ltd. (“Indorama”) has selected KBR to provide ammonia technology for its planned grassroots ammonia plant in Port Harcourt, Nigeria. KBR will license its ammonia technology to Indorama to operate…
Outotec Oyj (Espoo, Finland; www.outotec.com) has received the global marketing rights for the Ausmelt Top Submerged Lance (TSL) technology for the fuming of zinc bearing residues from Korea Zinc Co. Prior to the Outotec acquisition of Ausmelt Ltd. in 2010,…
CP Kelco (Atlanta, Ga.; www.cpkelco.com), a world-leading carboxymethyl cellulose (CMC) producer, today announces plans to increase capacity at its production facility in Äänekoski, Finland. CP Kelco will be expanding purified CMC capacity up to 25% at this facility over the next…
Normal 0 According to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), the European Chemicals Agency (ECHA; Helsinki, Finland; echa.europa.eu) Committee for Risk Assessment (RAC) announced on December 7, 2012, that it disagreed with a request to classify formaldehyde as…
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Stamicarbon B.V. (Sittard, The Netherlands; www.stamicarbon.com), the Licensing and IP Center of Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.it), has been awarded two contracts for a new urea plant with Inner Mongolia Erdos Chemical Industry Group Co. in the People’s Republic…
AMEC (London, U.K.; www.amec.com) has been awarded a $528 million (£330 million) Project Management Consultancy (PMC) contract by the Kuwait National Petroleum Co. (KNPC) for a new petroleum refinery at Al Zour, Kuwait. When completed in 2018, the multi-billion dollar…
Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) says that its main subsidiary Tecnimont S.p.A. (Rome, Italy) has been awarded by Etileno XXI Services B.V., an engineering and procurement contract on lump-sum basis for the realization of a 300,000-ton/yr low-density polyethylene (LDPE)…