SRF Ltd. (New Delhi, India; www.srf.com), a refrigerant manufacturer in India, signed a binding agreement to purchase DuPont’s global HFC-134a regulated medical-pharmaceutical propellant business. This DuPont Fluorochemicals business is part of the Performance Chemicals segment of DuPont, which is anticipated…
The Global Chemical Production Regional Index (global CPRI) rose 0.3% on a three-month-moving-average (3MMA) basis in November, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). “Gains in production were centered…
KBR Inc. (Houston; www.kbr.com) has been awarded the license and engineering contracts to perform front end engineering and design for a potential expansion of Mosaic’s Ammonia Plant in St. James, La. KBR’s “lean FEED” approach will debottleneck the plant…
UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell company, announced today that China has commissioned the first of 14 planned propylene production units using UOP technology to help close the global supply and demand gap for the key plastic building…
The Babcock & Wilcox Co. (B&W; Charlotte, N.C.; www.babcock.com) announced today that a consortium that includes its Denmark-based subsidiary, Babcock & Wilcox Vølund A/S (B&W Vølund), has been awarded a $230 million contract to engineer, procure and construct a waste-to-energy…
Ferro Corp. (Mayfield Heights, Ohio; www.ferro.com) announced that it has completed the sale of the majority of the assets of its Polymer Additives business to Polymer Additives, Inc., a wholly owned portfolio company of H.I.G. Capital, LLC, for approximately $154 million in…
Sasol Ltd. (Johannesburg, South Africa; www.sasol.co.za) announced the completion of a $4 billion credit facility for its ethane cracker and derivatives at an existing site in Lake Charles, Louisiana. “Securing this financing facility is another key milestone in advancing a…
Momentive Performance Materials Inc. (Albany, N.Y.; www.momentive.com) has announced that John G. (“Jack”) Boss has been named chief executive officer (CEO) and president of the company and its indirect parent, MPM Holdings Inc., and that Bradley J. Bell has been…
The specialty chemicals group Altana AG (Wesel, Germany; www.altana.com) has acquired two companies in Brazil. As a result, the company’s Actega division now has its own sites in South America's largest country. Both of the acquired companies are owner-operated and…
Mitsui Chemicals Inc. (MCI; Tokyo; www.mitsuichem.com) and SKC Co. SKC Co. (Seoul, Korea) announced the signing of a 50/50 joint venture (JV) agreement to consolidate the polyurethane material businesses of both companies. The newly formed company will establish headquarters located…