Toyo Engineering Korea Limited (Toyo-Korea), a subsidiary of Toyo Engineering Corp. (Toyo; Chiba, www.toyo-eng.co.jp) has been awarded a contract from Sasol Ltd. (Johannesburg, South Africa; www.sasol.co.za) to provide detailed engineering, procurement, module fabrication, and construction support services for a linear…
BioAmber Inc. (Montreal, Canada; www.bio-amber.com), an industrial biotechnology company producing sustainable chemicals, has signed an exclusive supply agreement for bio-based succinic acid with Oleon. Under the terms of the 5-year contract, which runs from 2014 to the end of 2018,…
Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) has announced that its main subsidiary Tecnimont S.p.A. has signed a memorandum of understanding with Cronus Chemicals,LLC, which will be converted into a contract to build an ammonia and urea plant located in Tuscola,…
Hexpol AB (Malmö, Sweden; www.hexpol.com) has acquired the business of Portage Precision Polymers Inc., a well-known rubber compounder in the U.S. market. Portage Precision Polymers, with two manufacturing facilities in Ohio (Ravenna and Mogadore), had a turnover of $29 million…
Amec Foster Wheeler (London, U.K.; www.amecfw.com) has announced the award of a contract for the design, supply and erection of a circulating fluidized-bed (CFB) boiler island for Deven JSCo, asubsidiary of Solvay Sodi. The boiler island, the second that Amec…
The Lubrizol Corp. (Wickliffe, Ohio; www.lubrizol.com) has agreed to acquire Weatherford’s (Houston; www.weatherford.com) oilfield chemicals business and its drilling fluids business for $825 million, including a $75 million performance-based cash earnout. The deal enhances Lubrizol’s footprint in the $20 billion…
Vale Canada Ltd. has awarded Pöyry (Montreal) Inc. (www.poyry.com) with the detailed engineering and construction site assistance services assignment for the nickel emissions project at Copper Cliff Nickel Refinery in Sudbury, Ontario, Canada. The project involves a new baghouse with…
BASF SE (Ludwigshafen, Germany; www.basf.com) today announced plans for a major investment in a pioneering superabsorbent technology platform of its hygiene business. BASF will invest up to €500 million ($625 million) over the next two to three years to establish…
Neste Jacobs Oy (Porvoo, Finland; www.nestejacobs.com) and SunPine (www.sunpine.se) have signed an agreement for Neste Jacobs to perform engineering, procurement and construction management (EPCM) services to construct a tall-oil-rosin production facility in Piteå, Sweden. The facility is expected to be…
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), logged a 0.2% gain this month, following an upward revision in October which reflected zero growth, as measured on a three-month…