AkzoNobel (Amsterdam, The Netherlands; www.akzonobel.com) completed the sale of its primary amides chemicals business to the chemicals and plastics company PMC Group Inc. (Mt. Laurel, N.J.; www.pmc-group.com), effective December 31, 2013. Financial details were not disclosed. Under the terms of…
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) announced today that it has acquired the assets of FMHC Corp. (FMHC; Chicago, Ill). FMHC is a nationwide provider of turnkey wireless communications site development, design, network deployment, construction, and related services to…
Air Products (Lehigh Valley, Pa.; www.airproducts.com) has signed a long-term agreement for the production of liquid CO2 with Big River Resources Boyceville, LLC (Boyceville, Wisc.). Air Products will operate a facility to produce 250 ton/d of liquid CO2 at Big…
The JP Morgan Global Manufacturing purchasing manager’s index (PMI) rose 0.2 points in December 2013, to a level of 53.3. The gain is 12 consecutive monthly rise, and the highest level for the index in 32 months, according to the…
Rosneft, LLC (Moscow, Russia; www.rosneft.com), Pirelli Tyre Russia and Oil Techno have signed a Memorandum of Understanding (MOU) with regard to establishing a styrene-butadiene rubber (SBR) production joint venture (JV) in Armenia. The synthetic rubber JV will focus especially on…
Outotec (Espoo, Finland; www.outotec.com) will deliver technology and services worth over €100 million to Cengiz Group for their Mazidagi and Samsun operations in Turkey. The orders include a roasting plant for pyrite concentrates, calcine leaching and solvent extraction plants, copper…
Axiall Corp. (Atlanta, Ga.; www.axiall.com) today announced that the company has selected the state of Louisiana as the location of a possible ethylene cracker to be built in conjunction with a related derivatives plant. Axiall proposes to construct the facility…
The Chemical Activity Barometer (CAB) reading (on a three-month moving average basis) in December strengthened from November, rising 0.1 points from 93.8 to 93.9, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington,…
Foster Wheeler AG (Zug, Switzerland; www.fwc.com) says that a subsidiary of its Global Engineering and Construction Group has been awarded a contract for two Terrace Wall hydrogen reformers by GS Engineering & Construction Corp., which is acting on behalf of…
Braskem S.A. (Sao Paulo, Brazil; www.braskem.com.br) has announced the execution of an agreement with Grupo Solvay for the acquisition of 70.59% of the total and voting capital of Solvay Indupa S.A.I.C. The transaction price is $290 million. The consummation of…