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…
The U.S. Chemical Production Regional Index rose 0.7% in November, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The November gain follows a 0.6% gain in October. “Chemical output remained…
PPG Industries, Inc. (Pittsburgh, Pa.; www.ppg.com) has announced that it has entered into exclusive negotiations with the Axson Group to acquire Revocoat, a global supplier of sealants, adhesives and damper products for the automotive industry. PPG expects the transaction to…
Ineos Technologies (Rolle, Switzerland; www.ineos.com) has licensed its Innovene PP process for the manufacture of polypropylene (PP) homopolymers, random copolymers and impact copolymers to the Full-Tech (Changzhou) Chemistry & Development Co., a subsidiary of Fund Energy Investment Holdings Co. in…
Rogers Corp. (Rogers, Conn.; www.rogerscorp.com), a global leader in engineered materials solutions, has signed a definitive agreement to acquire Arlon, LLC, currently owned by Handy & Harman Ltd., for $157 million, subject to closing and post-closing adjustments. The transaction, which…
Clariant AG (Muttenz, Switzerland; www.clariant.com) has signed an agreement to divest its Water Treatment business operating in Argentina, Brazil and Colombia to Ecolab Inc. The transaction is subject to certain conditions precedent, as well as regulatory approvals. The Water Treatment…
UOP LLC (Des Plaines, Ill.; www.uop.com), a Honeywell company, announced today that PetroChina Guangxi Petrochemical Co. (GXPC) is using UOP process technology to purify hydrogen at a new petroleum-refining complex in Qinzhou, Guangxi Province, China. With support from UOP’s local…
BioNitrogen Holdings Corp. (West Palm Beach, Fla.; www.bionitrogen.com), a cleantech company that utilizes patented technology to build environmentally-friendly plants that convert biomass into urea fertilizer, has announced that it has signed an agreement with Saipem (Milan, Italy; www.saipem.com), a leader in…
Chevron Phillips Chemical Co. LP (The Woodlands, Tex.; www.cpchem.com) is pleased to announce plans to build a state-of-the-art polyethylene pilot plant at its research and technology facility in Bartlesville, Okla. The new pilot plant will incorporate Chevron Phillips Chemical’s proprietary…