Lanxess AG (Cologne, Germany; www.lanxess.com) and Saudi Aramco (www.saudiaramco.com) plan to establish a joint venture (JV) for synthetic rubber detailed in an agreement signed today. Lanxess and Saudi Aramco subsidiary, Aramco Overseas Co., will each hold a 50% interest…
ThyssenKrupp Industrial Solutions AG (Essen, Germany; www.thyssenkrupp-industrial-solutions.com), the engineering and construction specialist within the ThyssenKrupp Group, has won a contract from the Southern Peru Copper Corp. to supply a primary crushing and overland conveying system. The new system will…
Babcock & Wilcox Enterprises, Inc. (B&W; Charlotte, N.C.; www.babcock.com) says that a joint venture (JV) including its Denmark-based subsidiary, Babcock & Wilcox Vølund A/S, has been awarded a contract to design and build the Teesside Renewable Energy Plant near…
Hillenbrand, Inc. (www.hillenbrand.com) has entered into a definitive agreement to acquire ABEL GmbH & Co. KG (Büchen, Germany; www.abelpumps.com) and certain of its affiliates from Roper Technologies for €95 million in cash. The transaction is expected to close within approximately…
Specialty chemical market volumes in the U.S. fell by 0.1% in August, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The retreat follows a 1.3% gain in July and a…
Mitsubishi Hitachi Power Systems, Ltd. (MHPS; Yokohama, Japan; www.mhps.com) has received an order for two sets of its natural gas-fired H-25 gas turbine and generator to be installed at a fertilizer production plant, which Turkmenhimiya, a state-owned chemical company…
PPG Industries, Inc. (Pittsburgh, Pa.; www.ppg.com) announced the completion of a $3.8 million expansion at its coatings manufacturing facility in Laguna de Duero, Valladolid, Spain. The investment provides new mixing and blending equipment at the facility that will support an…
Ube Industries, Ltd. (Ube; Tokyo, Japan; www.ube-ind.co.jp) announced that it has decided to expand its production capacity for lithium-ion battery separators by rebuilding existing facilities at its Ube Chemical Factory (Ube City, Yamaguchi Prefecture, Japan) while also establishing new production…
On 15 September 2015, the Hungarian subsidiary of Messer Group (Bad Soden, Germany; www.messergroup.com) signed a purchase contract with Air Liquide Eastern Europe S.A. to buy 100% of the shares in Air Liquide Hungary Ipari Gáztermelő Kft. Messer Hungarogáz…
Praxair, Inc. (Danbury, Conn.; www.praxair.com) has signed an agreement to acquire Yara International ASA’s (Yara) European CO2 business. The proposed transaction also includes Praxair’s acquisition of Yara’s remaining 34% stake in the Yara Praxair Holding AS industrial gas joint…