Hillenbrand, Inc. ( Batesville, Ind.; www.HillenbrandInc.com) and K-Tron International, Inc. (Pitman, N.J.; www.ktroninternational.com) have signed a definitive merger agreement providing for Hillenbrand’s acquisition of K-Tron for $150 per share in cash. The boards of directors of both companies have unanimously…
UOP LLC (Des Plaines, Ill.; www.uop.com) will receive a US$25 million award from the U.S. Department of Energy (Washington, D.C.; www.energy.gov) to construct a demonstration plant for converting cellulosic biomass to transportation fuels. Scheduled to begin operations in 2014, the…
Novozymes A/S (Bagsvaerd, Denmark; www.novozymes.com) has been awarded an Advanced Energy Manufacturing Tax Credit worth US$28.4 million from the U.S. federal government to further construction of a new enzyme manufacturing facility in Blair, Neb. The tax credit becomes available in…
Uhde GmbH (Dortmund, Germany; www.uhde.eu) has been awarded an engineering and procurement contract for the construction of a hydrochloric acid electrolysis plant by Yantai Juli Isocyanate Co. Ltd., a Chinese manufacturer of polyurethane. The plant, with a production capacity of…
Solvay SA (Brussels, Belgium; www.solvay.com) says it has recently closed the sale to its Thai affiliate Vinythai of all shares in Solvay Biochemical Thailand for a total value of €7 million. This subsidiary of Solvay is now continuing the development…
Specialty chemicals group Lanxess AG (Leverkusen, Germany; www.lanxess.com) has acquired the Nipacide PTAP product line from Clariant (www.clariant.com) effective January 1, 2010. The active ingredient p-tert-amylphenol (PTAP) complements the phenolic active ingredients portfolio of Lanxess’ Material Protection Products (MPP) business…
Synthetic heat transfer fluid from Solutia Inc. (St. Louis, Mo.; www.solutia.com) will be used at Solnova 4, a new 50-MW concentrating solar power plant in Sevilla, Spain. The Solnova 4 power plant is managed by Abener Energia SA (Sevilla, Spain; www.abener.es), and is…
Intergraph (Atlanta, Ga.; www.intergraph.com) has acquired COADE Holdings Inc. (Houston; www.coade.com), provider of CAESAR II, PV Elite and TANK products, the industry’s most widely used software for pipe stress, pressure vessel and storage tank analysis, as well as its popular…
Technip (Paris, France; www.technip.com) has been awarded, by Polimerica, a reimbursable contract to perform the front-end engineering design (FEED) for a new ethylene plant. The plant, which will have a capacity of 1.3-million ton/yr, will be part of a new petrochemical…
On January 1, 2010, specialty chemicals supplier Cognis (Monheim, Germany; www.cognis.com) opened an affiliate in Selangor, Malaysia. Cognis Malaysia Sdn. Bhd. is a wholly owned subsidiary of the Cognis Group. The aim is to accelerate the group’s growth in the…