Honeywell International, Inc. (Charlotte, N.C.) announced that it has agreed to sell its Personal Protective Equipment (PPE) business to Protective Industrial Products, Inc. (PIP), a portfolio company of Odyssey Investment Partners, for $1.325 billion in an all-cash transaction. The transaction…
KBR, Inc. (Houston) announced that it has signed an agreement with AMUFERT for the development of a new ammonia plant in Soyo, Angola. Under the terms of the contract, KBR will provide a technology license, proprietary engineering design, equipment and…
Solvay S.A. (Brussels, Belgium) announces the official inauguration of the second biomass boiler at its Rheinberg soda ash and bicarbonate plant in Germany, phasing out the use of thermal coal for energy use at the site. With the commissioning of…
Syensqo (Brussels, Belgium) has significantly increased its U.S. production capacity for advanced polymers used in critical health, water, and energy applications. By expanding production of its Udel polysulfones (PSU) sulfone polymers at its Marietta, Ohio facility by more than 25%,…
Ineos Ltd. (London) announced that INEOS Acetyls and Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) have signed an MOU to explore the feasibility to build a new world scale, 600,000-ton/yr Acetic Acid plant at GNFC's site in Bharuch, Gujarat,…
Samsung E&A announced that it signed a contract with Ras Laffan Petrochemicals (RLP) of Qatar for the Qatar RLP Ethylene Storage Plant. Samsung E&A plans to execute this project as a joint venture with CTCI of Taiwan. The total contract…
LG Chem Ltd. (Seoul, South Korea) and Exxon Mobil Corp. (Houston) have signed a non-binding memorandum of understanding (MOU) for a multiyear offtake agreement for up to 100,000 metric tons of lithium carbonate. The lithium will be supplied from ExxonMobil’s…
Toyo Engineering Corp. (Tokyo) has signed a Shareholder Agreement (SHA) to establish Joint Venture Company with Pupuk Indonesia Holding Co. (PIHC), a state-owned fertilizer company in the Republic of Indonesia, and ITOCHU Corp. (Tokyo). The agreement focuses on producing green…
Eastman Chemical Co. (Kingsport, Tenn.) announced that it is making an investment to upgrade and expand its extrusion capability for production of Interlayers product lines at its manufacturing facility in Ghent, Belgium. The investment will strengthen Eastman’s supply capability to…
Sekisui Diagnostics' (Burlington, Mass.) microbial CDMO business announces it has completed construction of its £15.7 million ($20.7 million) cGMP capacity expansion at its U.K. site for clinical-grade drug substance manufacturing. Following appropriate licensure, this expansion will enable manufacturing capabilities for…