Latest News: Business
Evonik doubles methacrylic anhydride capacity in Germany
Evonik Industries AG (Essen, Germany; www.evonik.com) has doubled its production capacities for Visiomer MAAH (methacrylic anhydride) at its site in Worms, Germany. Visiomer MAAH is an important building block in the production of specialty methacrylates, which are used in concrete additives,…
Aveva signs multiyear contract with Aker Solutions
Aveva (Cambridge, U.K.; www.aveva.com) has entered a multiyear agreement with Aker Solutions ASA (Fornebu, Norway; www.akersolutions.com) for Aveva Everything3D (AVEVA E3D). The Norwegian oil-service company has selected Aveva E3D to be its strategic 3D tool on plant design, modification and…
Lyondell Basell Intermediates & Derivatives names executive vice president
LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) has announced that Daniel M. Coombs has been selected to become executive vice president of Intermediates and Derivatives (I&D), with additional responsibility for Supply Chain, Procurement and Technology. Coombs replaces Pat Quarles, who is taking…
DSM Dyneema acquires performance-materials company Cubic Tech
Royal DSM (Heerlen, the Netherlands; www.dsm.com)’s DSM Dyneema brand has finalized the acquisition of Cubic Tech Corp. This privately owned company, based in Mesa, Ariz., has specialized for more than 23 years in the custom design, development and production of…
PAS adds cybersecurity-focused business unit
PAS, Inc. (Houston; www.pas.com) announced a newly formed Cyber Security Business Unit within PAS as well as its latest release of Cyber Integrity software. The strategic announcement reflects the company’s ongoing investment in ICS cybersecurity with dedicated resources and new…
Chemical production rose in April, ACC report says
Citing data from the U.S. Federal Reserve (Washington, D.C.; www.federalreserve.gov), the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) says chemical production (excluding pharmaceuticals) rose in April in the U.S by 0.3%. The gain for April follows a 0.4% rise in…
Mosaic names new president and CEO
The Mosaic Co. (Plymouth Minn.; www.mosaicco.com) announced that its board of directors has elected James C. O'Rourke, currently executive vice president – operations and chief operating officer, to succeed James T. Prokopanko as president and chief executive officer (CEO), effective…
Albemarle subsidiary Chemetall acquires German R&D business Chemal
Chemetall, a global business unit of Albemarle Corp. (Baton Rouge, La.; www.albemarle.com) has announced that it has acquired the business of Chemal GmbH & Co. KG, based in Hamm, Germany. This transaction will enhance Chemetall's integrated portfolio for the aluminum…
Severn Trent to sell Water Purification business to Industrie De Nora
Severn Trent Plc (Coventry, U.K.; www.severntrent.com) and Industrie De Nora S.p.A. (Milan, Italy; www.denora.com) have reached a definitive agreement for the share sale to De Nora of Severn Trent’s Water Purification business – part of Severn Trent’s Business Services organization.…
Amec Foster Wheeler awarded new Çőpler Gold Mine contract in Turkey
Amec Foster Wheeler (London, U.K.; www.amecfw.com) has been awarded the initial phase of an engineering, procurement and construction (EPC) contract by Anagold Madencilik for the expansion of the Çopler Gold Mine in the Çöpler District, Erzincan Province, Turkey. The…