Maag Pump Systems AG (Oberglatt, Switzerland; www.maag.com) is merging with Automatik Plastics Machinery GmbH (Grossostheim, Germany; www.automatikgroup.com), thereby forming a worldwide leading group for systems and components for manufacturing and processing plastics. Through the merger, Maag Pump Systems and Automatik…
Wacker Chemie AG (Munich, Germany; www.wacker.com) is acquiring the Norwegian FESIL Group’s silicon-metal production site in Holla (near Trondheim). The two companies signed a purchase agreement to this effect on Friday night, June 4, 2010. The transaction still requires approval of…
The specialty chemicals Group Altana (Wesel. Germany; www.altana.com) has acquired with immediate effect the polyurethane casting resins business of ABB Micafil, a business unit of ABB Schweiz. The business is operated under the brand names of Micares and Resodip. Polyurethane…
Evonik Industries AG (Essen, Germany; www.evonik.com) has acquired the precious metal powder catalysts business of Ravindra Heraeus Pvt. Ltd. (Udaipur, Rajasthan, India) on June 3, 2010. As stipulated in the agreement, all know-how, technology, and business relationships with catalyst customers…
GE (Fairfield, Conn.; www.ge.com) and Ramky Enviro Engineers, an environment and waste management organization, have signed emergency water and industrial-wastewater treatment agreements specifically designed to address India’s industrial-wastewater treatment and recycling needs. Under the agreement, GE’s ultra filtration (UF) and…
U.S. employment data out this week were disappointing, because 95% of all net job creation was due to temporary government census workers, the American Chemistry Council (ACC; Arlington, Va.; www.americanchemistry.com) says in its latest Weekly Chemistry and and Economic trends…
Alstom Power Inc. (www.power.alstom.com) acquired the business and facilities of Amstar Surface Technology Ltd. and Amstar International Ltd. (Houston, www.amstar-usa.com). Amstar specializes in thermal spray coatings that protect surfaces against corrosion, erosion and wear. The company had sales of approximately $11…
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) announced today that its Global Engineering and Construction Group has been awarded a feasibility study and front-end engineering design (FEED) contract by the Iraqi Ministry of Oil for a new grassroots refinery at Nassiriya…
ABB (Houston; www.abb.com) has agreed to acquire company K-TEK Corp. (Prairieville, La.; www.ktekcorp.com), which will join the Measurement Products business unit within ABB’s Process Automation division. The transaction is subject to customary regulatory approvals. Terms were not disclosed. ABB expects the…
GEA Group AG (Bochum, Germany; www.geagroup.com) recently received a €14-million order for insulin processing equipment from Gulf Pharmaceutical Industries Julphar (United Arab Emirates). Julphar’s new plant will make the life-saving drug more widely available to patients in the United Arab Emirates…