Baker Hughes Co. (Houston) has announced an agreement to acquire Quest Integrity, a subsidiary of Team, Inc and a global leader in the development and delivery of technology-enabled asset inspection and reliability management solutions across the pipeline, refining, petrochemical and power…
The Coating Additives business line of Evonik Industries AG (Essen, Germany; www.evonik.com) is expanding the production capacity of its ACEMATT precipitated matting agents at its manufacturing facility in Taiwan. The significant capacity increase will help to meet the rising demand…
Baker Hughes (Houston; www.bakerhughes.com) has opened a new oilfield services chemicals manufacturing facility in Singapore, enabling manufacturing optimization and faster delivery of fit-for-purpose chemical solutions. The facility, which spans approximately 40,000 square meters, will manufacture, store and distribute chemical solutions…
ABB Inc. (Zurich, Switzerland) signed an agreement to purchase Siemens’ low-voltage NEMA motor business. With manufacturing operations in Guadalajara, Mexico, this acquisition provides a well-regarded product portfolio, a longstanding North American customer base, and an experienced operations, sales, and management…
Eurotecnica (Milan, Italy), the technology arm of the Proman family of companies, a global leader in natural gas derived products and services, announced a contract award from Xinji Energy Chemical Co. Ltd. for the implementation of the largest high-pressure melamine…
Avient Corp. (Cleveland, Ohio) announced it has entered into a definitive agreement to sell its Distribution business to an affiliate of H.I.G. Capital for $950 million in cash, subject to regulatory approval. On April 20, 2022, the company announced it…
Toyo Engineering India Pvt. Ltd., a wholly owned subsidiary of Toyo Engineering Corp., has been awarded two Engineering, Procurement, Construction and Commissioning (EPCC) contracts by Indian Oil Corp. Ltd. (IOCL; New Delhi). The first EPCC contract is for a 3.6-million…
SK Geo Centric plans to expand its business through a new production base in China, after securing its plants in the U.S. and Europe, to produce Ethylene Acrylic Acid (EAA), a high value-added chemical material. SK Geo Centric has signed…
Solenis (Wilmington, Del.) and Clearon Corp. have announced that Solenis has entered into a definitive agreement to acquire Clearon. This acquisition will enable Solenis to expand its portfolio of products for the residential and commercial pool water and spa treatment…
Bp plc (London) has reached an agreement to sell its 50% interest in the bp-Husky Toledo Refinery in Ohio to Cenovus Energy Inc., (Calgary, Canada), its joint venture partner in the facility. Under the terms of the deal, Cenovus will…