Latest News: Business
Mann+Hummel to acquire filtration operations of Affinia Group
The Mann+Hummel Group (Ludwigsburg, Germany; www.mann-hummel.com) announced that it has entered into a definitive agreement under which Mann+Hummel will acquire the global filtration operations (excluding its Affinia South America (“ASA”) operations) of Affinia Group, the manufacturer of the Wix and…
Fed data show gain in industrial production, ACC report says
Data from the U.S. Federal Reserve (Washington, D.C.; www.federalreserve.gov) indicate that the output of the nation’s industrial sector grew by 0.6% in July, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.;…
Chambroad commissions China’s first propylene and isobutylene coproduction plant based on UOP technology
UOP LLC (Des Plaines, Ill; www.uop.com), a Honeywell company, announced that Shandong Chambroad Holding Co. has become the first company in China to commission a combined propylene and isobutylene (C3/C4) dehydrogenation unit to meet growing demand in Asia for plastics,…
BASF inaugurates resin and electrocoat plant in Shanghai
BASF SE (Ludwigshafen, Germany; www.basf.com) inaugurated its new resin and electrocoat plant at the Shanghai Chemical Industry Park (SCIP) in Shanghai. In line with BASF’s approach to stay close to customers worldwide, this new plant will further strengthen BASF’s local…
ExxonMobil selects Jacobs for EPCM work on Beaumont refinery expansion
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) announced that it was selected by ExxonMobil Corp. (Irving, Tex.; www.exxonmobil.com) to perform engineering, procurement and construction management (EPCM) services for its Crude Flexibility Engineering and Construction Project at the ExxonMobil refinery in…
BASF increases production capacity for chelating agents in Ludwigshafen
BASF SE (Ludwigshafen, Germany; www.basf.com) is investing in the expansion and flexibilization of its production facilities to manufacture chelating agents at its site in Ludwigshafen. By increasing the production capacity, the company is responding to the rapidly growing global…
Primetals Technologies to supply AOD converter and dedusting system to Acroni
Acroni, d.o.o., a Slovenian steel producer belonging to the Slovenian Steel Group (SIJ), has awarded Primetals Technologies, Ltd. (London, U.K.; www.primemetals.com) an order to supply a new 95 metric ton argon oxygen decarburization (AOD) converter and dedusting system to…
Repsol and Grupo KUO receive approval for Dynasol JV merger
Grupo KUO, S.A.B. de C.V. (Col. Bosques de las Lomas, Mexico; www.kuo.com.mx) has successfully obtained the approval of the antitrust authority in the European Union, regarding the transaction in which Grupo KUO will contribute to Dynasol, 50/50 joint venture (JV)…
Lonza to acquire New Zealand-based crop chemistry company Zelam
Lonza (Basel, Switzerland; www.lonza.com) announced that it has acquired Zelam, a research-focused chemical company based in New Zealand (NZ), which develops and manufactures products for crop protection, specializing in fungicides, insecticides, herbicides, foliar nutrients and additives. Zelam also develops and…
LyondellBasell to acquire polypropylene compounds manufacturer in India
LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) has entered into a definitive agreement for the acquisition of SJS Plastiblends Pvt. Ltd. (SJS), a polypropylene compounds (PPC) manufacturer, located in Aurangabad, Maharashtra, India. This strategic acquisition will expand LyondellBasell's existing footprint in India…