GEA Group AG (Bochum, Germany; www.geagroup.com) received in its Energy and Farm Technology Segment orders worth EUR 46 million for efficient power plant cooling equipment from China. The orders consist of an Alex Air Cooled Condenser for the 2 x…
Bartec GmbH (Bad Mergentheim, Germany; www.bartec.de) has taken over Vodec Ltd. (Nottingham, U.K.), a provider of communication and security systems. This acquisition is another milestone within the growth strategy of the internationally operating group of companies whose products and services…
Leading industrial companies signed a Memorandum of Understanding (MoU) to evaluate the setup of a hydrogen infrastructure in Germany so as to promote serial production of electric vehicles with fuel cells. This marks a major step towards the commercialization of…
Merck KGaA (Darmstadt, Germany; www.merck.de) has acquired Suzhou Taizhu Technology Development Co. (Taizhu; Taicang, China), a leading supplier of effect pigments. With total revenues of more than €14 million in 2008 and 300 employees, Taizhu is one of the biggest…
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) announced today that a subsidiary of its Global Power Group has been awarded a contract by ZE PAK S.A. for the design, supply and erection of a 55 MWe biomass-fired circulating fluidized-bed (CFB) boiler…
On September 4, Sulzer Chemtech Ltd. (Winterthur, Switzerland; www.sulzerchemtech.com) signed an agreement to acquire Manfred Preu Kolonnenservice (Moers, Germany). The purchase price is up to €2.5 million, depending on the future performance. Subject to the fulfillment of certain conditions, the…
0 0 0 Solvay S.A. (Brussels, Belgium; www.solvay.com) has signed an agreement with Sodium Group Investments Ltd. to acquire its majority stake in OAO Bereznikovsky Sodovy Zavod and ZAO Berkhimprom. The agreed enterprise value for the stake amounts to about…
Heraeus Sensor Technology GmbH (HST; Kleinostheim, Germany; www.heraeus.com) has acquired DWM & Associates, Inc. (DWM; North Brunswick, N.J.), its former exclusive U.S. & Canadian distributor and representative since December 2002. The transaction was completed on September 1, 2009. DWM will…
0 0 0 Air Products, Inc. (Lehigh Valley, Pa.; www.airproducts.com) has purchased a new steam methane reformer (SMR) hydrogen facility under construction in Corpus Christi, Texas, from MarkWest Energy Partners, L.P. The facility, which will produce over 30 million standard…
0 0 0 Toyo Engineering Corp. (Chiba, Japan; www.toyo-eng.co.jp) has been awarded a project for a 80,000 tons/year polycarbonate resin production facility that will be built by Mitsubishi Gas Chemical Co., Inc. (www.mgc.co.jp) and Mitsubishi Engineering-Plastics Corp. (both Tokyo, Japan;…