The Dow Chemical Company (Midland, Mich.; www.dow.com) has closed the sale of its global polypropylene business to Braskem S.A. (São Paulo, Brazil; www.braskem.com.br). In addition to the transaction, the two companies will continue to evaluate potential future collaborations on growth…
Resinall Rütgers Resins GmbH (RRR; Duisburg, Germany) — a joint venture (JV) between Rütgers Novares GmbH (Duisburg, Germany) and Resinall Europe bvba (Brugge, Belgium) — has acquired the chemicals company Neville Chemical Europe BV (NCE; Uithoorn, Netherlands).The acquisition of NCE…
Nippon Steel Corp. (Tokyo; www.nsc.co.jp) and Kobe Steel, Ltd. (Kobe, Japan; www.kobelco.com) announce that their steel-mill-dust recycling plant (photo below) began commercial operation on October 1. As part of the objectives to deepen and expand their alliance, the two companies decided…
In a move to further optimize its value-adding chains and boost product availability, Oxea GmbH (Oberhausen, Germany; www.oxea-chemicals.com) has successfully increased its manufacturing capabilities for synthesis gas (syngas) at its Bay City, Texas plant by 10%. Syngas is the main…
Aveva (Cambridge, U.K.; www.aveva.com) today announced the acquisition of Z+F UK Ltd. (Manchester, U.K.; www.zf-uk.com). The strategic acquisition includes only the division of Z+F that produces the LFM software suite. This follows a long and successful partnership with Z+F UK…
ABB (Zurich, Switzerland; www.abb.com) has completed its acquisition of Lorentzen & Wettre from Assa Abloy AB. Lorentzen & Wettre manufactures equipment for quality control, process optimization and test instrumentation for the pulp-and-paper industry. The acquisition enhances ABB’s position as a…
The 2011 Chem Show (www.chemshow.com) will take place in New York on November 1–3 at the Jacob Javits Convention Center. Among the leading chemical process industries (CPI) events in North America, the 54th biennial Chem Show has been an important…
Capital equipment prices, as reflected in the CE Plant Cost Index (CEPCI), increased approximately 0.73% on average from June to July, after increasing approximately 1.2% from May to June. Meanwhile, according to the Current Business Indicators from Global Insight, Inc.,…
Plant Watch Ineos Technologies licenses its technology for a PP plant in China September 1, 2011 — Ineos Technologies (www.ineos.com) has licensed its Innovene PP (polypropylene) Process for the manufacture of homopolymers, random copolymers and impact copolymers to the Shaanxi…
Intelligrated (Cincinnati, Ohio), a provider of automated material- handling solutions, promotes Greg Cronin to executive vice president. René Umlauft becomes CEO of turbomachinery manufacturer MAN Diesel and Turbo (Augsburg, Germany). Terrance Ivers becomes CEO of the Compression and Solutions Business…