Air Liquide (Paris, France; www.airliquide.com) and Covestro AG (Leverkusen, Germany; www.covestro.com) have recently signed a new longterm contract for the supply of hydrogen at Covestro’s production site in the port area of Antwerp. Air Liquide will invest 80 million euros…
Emerson (St. Louis, Mo.; www.emerson.com) announced that it has signed an agreement to purchase the Tools and Test Equipment (Tools & Test) business of Textron for $810 million. Tools & Test is a leading manufacturer of electrical and utility tools,…
CB&I (The Woodlands, Tex.; www.cbi.com) announced that it has achieved three significant project milestones at its Lotte Chemical (LACC) Ethane Cracker Project in Lake Charles, Louisiana. CB&I successfully set the first three of the four major modules at the project,…
Toray Industries, Inc. (Tokyo, Japan; www.toray.com) announced that it has decided to establish a production facility for nylon and Polybutylene terephthalate (PBT) resin compounds at its Indian subsidiary Toray Industries (India) Private Limited (TID). The resins are used in electrical…
Praxair Inc. (Danbury, Conn.; www.praxair.com)announced that it has begun supplying hydrogen to Marathon Petroleum Corp.’s refinery in Garyville, Louisiana. Marathon Petroleum is one of the largest transportation fuels refiners in the U.S. and operates an integrated refining, marketing and transportation…
Wacker Chemie AG (Munich, Germany; www.wacker.com) has acquired a Dutch site for manufacturing biopharmaceuticals, live microbial products and vaccines, plus the associated business, from SynCo Bio Luxembourg S.à.r.l. Both parties have agreed not to disclose the purchase price. “This strategic…
KBR, Inc. (Houston; www.kbr.com) announced the successful completion of the ethylene plant revamp project for Korea Petrochemical Ind. Co. (KPIC) in Ulsan, Korea. Under the terms of the contract, KBR provided its proprietary Selective Cracking Optimum Recovery (SCORE) technology license,…
Cabot Corp. (Boston, Mass.; www.cabotcorp.com) has completed two expansion projects that will extend its global footprint in black masterbatch and compounds and increase manufacturing capacity to better serve global customers and grow in advanced polymeric materials. Cabot recently completed the acquisition…
The Board of Directors of Johnson Matthey (JM; London, www.matthey.com) has announced that Patrick Thomas will succeed Tim Stevenson as Chairman. Patrick will join the board as Non-Executive Director and Chairman Designate on 1st June 2018. He will be appointed…
Praxair, Inc. (Danbury, Conn.; www.praxair.com) has started to supply hydrogen and nitrogen to Yara Freeport LLC, a world-scale ammonia plant in Freeport, Texas. The plant, which is a joint venture between Yara International and BASF, has a capacity of 750,000…