The Board of Directors of Metso Corp. (Helsinki, Finland; www.metso.com) has appointed Pekka Vauramo President and CEO of Metso, effective as of November 2018 at the latest. Pekka Vauramo has served as President and CEO of Finnair since 2013, and…
Messer (Bad Soden/Frankfurt, Germany; www.messergroup.com) has acquired Romanian company BUSE Gaz S.R.L. As part of this investment, Messer will take on all employees as well as taking over all fixed assets. In about two years’ time, after expansion and modernization,…
Lanxess AG (Cologne, Germany; www.lanxess.com) is building a new, state-of-the-art facility for the production of prepolymers at its site in Porto Feliz, Brazil. The Urethane Systems business unit is investing a single-digit million Euro amount to expand its prepolymer production…
Amyris, Inc. (Emeryville, Calif.; www.amyris.com) and Chevron Products Company, a division of Chevron U.S.A. Inc. (San Ramon, Calif.; www.chevron.com), announced that Novvi LLC and Chevron have entered into an agreement to jointly develop and bring to market novel renewable base…
Solenis (Wilmington, Del.; www.solenis.com) opened its new manufacturing site in Zhuhai City, Guangdong Province, China. With approximately 37,000 square meters of space, Solenis (Zhuhai) Chemicals Company Ltd. will produce various product lines, including functional, water and process chemistries to support…
The preliminary value for the March 2018 CE Plant Cost Index (CEPCI; most recent available) increased compared to the previous month’s value, continuing a string of monthly increases since the beginning of the year. And for the second consecutive month,…
Emerson (St. Louis, Mo.; www.emerson.com) announced it has agreed on terms to acquire Aventics from Triton for a cash purchase price of €527 million. Aventics is among the global leaders in smart pneumatics technologies that power machine and factory automation…
Yokogawa Electric Corp. (Tokyo, Japan; www.yokogawa.com) has announced the launch of amnimo Inc., a business unit that will be tasked with identifying, developing, and offering services that can add value by leveraging the industrial IoT (IIoT) architecture currently under development…
Arkema (Colombes, France; www.arkema.com) has announced that its Bostik-Nitta joint-venture has proposed an acquisition of the industrial adhesives business of Nitta-Gelatin Inc., as well as the construction of a new world-scale adhesives plant in Japan. These operations will enable Bostik…
WorleyParsons Ltd. (North Sydney, Australia; www.worleyparsons.com) has been awarded a General Engineering Service (GES) contract by The Yanbu Aramco Sinopec Refining Co. (YASREF) to help optimize the production of its facilities. YASREF, a joint venture between Saudi Aramco and China…