Ineos Technologies’ (Rolle, Switzerland; www.ineos.com) Ineos Americas LLC has announced that it has acquired the aromatics business of Axiall Corp. (Atlanta, Ga.; www.axiall.com). $52.4 million was paid at closing and an additional $10.5 million may be payable after closing upon…
Kuraray Co. (Tokyo, Japan; www.kuraray.co.jp/en) announced its decision to expand production facilities for optical-use polyvinyl alcohol (poval) film, which serve as a base film for polarized film, an essential component of liquid crystal displays (LCDs), at its Saijo Plant (Saijo,…
Global specialty chemical maker Clariant (Muttenz, Switzerland; www.clariant.com) officially opened its new Group Biotechnology Research Center in Planegg, near Munich, today. In a ceremony attended by Ilse Aigner, the Bavarian Minister for Economic Affairs, Media, Energy and Technology, the key…
ExxonMobil Corp. (Irving, Tex.; www.exxonmobil.com) has reached an agreement with PBF Energy, Inc. for the sale and purchase of its refinery in Torrance, Calif., a lubricants distribution center at Vernon, products terminals at Vernon and Atwood, and associated California pipelines…
Evonik Industries AG (Essen, Germany; www.evonik.com) has started the planning stage for the construction of an additional world-scale plant complex in Singapore. The facility, which will produce the amino acid DL-methionine for animal nutrition, will have an annual production…
Mitsubishi Polyester Film, Inc. (MPF; www.m-petfilm.com) has announced an investment of $100 million to increase its capacity for biaxially oriented polyester (BOPET) film at its plant in Greer, S.C. The investment will include a new film production line scheduled to…
Kraton Performance Polymers, Inc. (Houston; www.kraton.com), a global producer of highly-engineered polymers, announced that it has entered into a definitive agreement to acquire all of the capital stock of privately held Arizona Chemical Holdings Corp. for a cash purchase price…
Effective October 1, Mitsubishi Heavy Industries, Ltd. (MHI; www.mhi-global.com) has appointed senior vice president Yoshihiro Shiraiwa to serve as president of Mitsubishi Heavy Industries France S.A.S. (MHIF), a wholly owned subsidiary based in Paris, marking the start of a new…
The Chemical Activity Barometer (CAB), a leading economic indicator for the chemical process industries developed by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), dropped in September following a revised decline in August, according to the ACC’s latest Weekly Chemical…
Inovyn (www.inovyn.com), a joint venture between Solvay S.A. (Brussels, Belgium; www.solvay.com) and Ineos Technologies (Rolle, Switzerland; www.ineos.com) announced that it is planning a major investment in a large scale potassium hydroxide (KOH) production facility at its Antwerp/Lillo site, Belgium. This…