Latest News: Business
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…
Praxair signs long-term supply contract for water-recycling plant in China
Praxair, Inc. (Danbury, Conn.; www.praxair.com), through its subsidiary Beijing Praxair Inc., has signed a long-term gas supply contract with Gao Bei Dian Water Recycling Plant of Beijing Drainage Group Co. Praxair will build, own and operate a vacuum pressure…
Jacobs awarded four-year EPCM contract by Sadara
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) announced that it was awarded a four-year contract by Sadara Chemical Company (Sadara) for engineering, procurement and construction management (EPCM) services. The contract value was not disclosed. Sadara is currently building the world’s…
Lanxess Corp. names new CEO
Lanxess AG (Cologne, Germany; www.lanxess.com) announced that Dr. Antonis Papadourakis will assume the responsibilities of president and chief executive officer (CEO) of LANXESS Corp. and Country Speaker for the NAFTA Region, effective July 1, 2015. Papadourakis, who has held the…
IMCD to acquire U.S.-based specialty-chemicals distributor MF Cachet
IMCD Group B.V. (Rotterdam, The Netherlands; www.imcdgroup.com) announced that it will acquire 80% of The M.F. Cachat Company, including 100% of MJS Sales, Inc. MF Cachat fits well with the IMCD business model and strategy and provides a significant platform…
Endress+Hauser plans complete takeover of Analytik Jena
The Endress+Hauser Group (Reinach, Switzerland; www.endress.com) announced plans for the complete takeover of German company Analytik Jena AG. The group is also interested in buying shares. “We are still prepared to acquire shares at a reasonable price,” announced Dr. Heiner…
Nippon Shokubai Europe to construct new plants to produce superabsorbent polymers and acrylic acid
Nippon Shokubai Co. (Osaka, Japan; www.shokubai.co.jp) has announced plans to construct new facilities for the production of superabsorbent polymers (SAP) and acrylic acid (AA) in Europe, under its Belgium-based subsidiary, Nippon Shokubai Europe N.V. (NSE). The new SAP and AA…