BioAmber Inc. (Montreal, Canada; www.bio-amber.com), has announced that chief financial officer (CFO) Andrew Ashworth retired on December 31, 2014 and Francois Laurin has been hired to succeed Ashworth as the company's CFO. Andrew Ashworth is retiring after three and a…
Honeywell (Morristown, N.J.; www.honeywell.com) announced that it has started full-scale commercial production of a low global-warming-potential (GWP) material used as an aerosol propellant, insulating agent and refrigerant. The material, known by the industry designation HFO-1234ze and marketed by Honeywell under…
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…