Lloyd’s Register (LR; www.lr.org), a leading global provider of engineering and technology-centric professional services, today launched AllAssets, an innovative SaaS-based Asset Performance Management (APM) platform, making optimization for inspection and maintenance a reality. As organizations strive to maximize asset availability…
KRAIBURG TPE GmbH & Co. KG (Waldkraiburg, Germany; www.kraiburg-tpe.com ) will begin operation of a new production line at its Malaysia plant this month to boost TPE (thermoplastic elastomer) production capacity by 35% and increase KRAIBURG TPE’s total production capabilities…
Spirax-Sarco Engineering plc (Cheltenham, U.K.; www.spiraxsarcoengineering.com) has signed a conditional sale and purchase agreement to acquire Gestra AG and associated businesses (Gestra) from Flowserve Corp. (Dallas, Tex.; www.flowserve.com) for a cash-free, debt-free consideration of €186 million (£160 million). Gestra, which…
Evonik (Essen, Germany; www.evonik.com) will undertake a significant capacity expansion of its sodium methylate facility located in Mobile, Ala. Upon completion, the Mobile plant will be capable of producing up to 90,000 metric tons per year (m.t./yr). The decision to…
Ashland Inc. (Columbus, Ohio; www.ashland.com) recently completed a capacity expansion for hydroxyethylcellulose (HEC), marketed under the brand Natrosol, in Nanjing, China. This expansion increased the manufacturing capacity of the site by nearly 30%. Key markets for HEC include coatings, personal…
Total Corbion PLA, a 50/50 joint venture between Total S.A. (Paris, France; www.total.com) and Corbion (Amsterdam, the Netherlands; www.corbion.com), announced the startup of its 75,000 metric tons per year (m.t./yr) PLA (Poly-Lactic Acid) bioplastics plant in Rayong, Thailand. The plant…
Hexcel Corp. (Stamford, Conn.; www.hexcel.com) has entered into a definitive agreement to acquire ARC Technologies, Inc., a leading supplier of custom RF / EMI and microwave-absorbing composite materials for military, aerospace and industrial applications. The acquisition strengthens Hexcel’s existing advanced…
Honeywell (www.honeywell.com) announced that it will relocate its global corporate headquarters to Charlotte, North Carolina, a city close to several of Honeywell's businesses in the Southeast United States. Honeywell also announced it will relocate the headquarters of its Safety and…
Kemira Oyj (Helsinki, Finland; www.kemira.com) has formed a joint venture with a producer of alkyl ketene dimer (AKD) wax in China. With this agreement, Kemira forms a joint venture – Kemira TC Wanfeng Chemicals Yanzhou (NewCo) – with Shandong Tiancheng…
DuPont Water Solutions (www.dupont.com/water), a part of the DuPont Safety & Construction business, opened its new reverse osmosis (RO) production line in the Kingdom of Saudi Arabia. Located in Jubail Industrial City II, the facility will manufacture membrane technology and…