Axalta Coating Systems (Philadelphia, Pa.; www.axaltacs.com) has made a binding offer to acquire the European and Chinese operations of IVA, one of the world’s leading wire-enamel manufacturers, from its parent company Superior Essex. IVA, which has been in operation since…
The preliminary value for the May CE Plant Cost Index (CEPCI; most recent available) rose compared to the previous month’s value, making it the eighth straight month of increasing values. New data for carbon-steel plates pushed the Equipment subindex…
The Chinese Petroleum Corp. (CPC) awarded DuPont Clean Technologies (DuPont; Wilmington, Del.; www.cleantechnologies.dupont.com) the contract to supply the technology license, engineering and proprietary equipment for a MECS DynaWave wet-gas scrubbing unit to be installed at its Taoyuan refinery in Taiwan in August…
AkzoNobel’s (Amsterdam, the Netherlands; www.akzonobel.com) Specialty Chemicals business is working on plans to double production capacity at its organic peroxides facility in Ningbo, China, during the next two years. A project to boost the capacity by 40% is already underway,…
BASF SE (Ludwigshafen, Germany; www.basf.com) started the production of Palatinol DOTP (dioctyl terephthalate), a general-purpose plasticizer, at its Pasadena, Tex. facility, with a nameplate capacity of 60,000 metric tons per year (m.t./yr). The plant enables BASF to respond to the…
The Business Unit Catalysts (Munich, Germany) of Clariant (Muttenz, Switzerland; www.clariant.com) today announced the opening of a new office for its Catalysts business in Yinchuan city, capital of the Ningxia Hui autonomous region in China. With the new branch, Clariant…
BASF SE (Ludwigshafen, Germany; www.basf.com) has closed the previously announced transaction to sell its Bleaching Clay and Mineral Adsorbents businesses to EP Engineered Clays Corp., an affiliate of EP Minerals, LLC, a worldwide leader in engineered products derived from industrial…
Honeywell (www.honeywell.com) announced today that Farabi Petrochemicals Co. (Dhahran, Saudi Arabia) will use Honeywell UOP technologies for a new complex in Yanbu to expand its production of biodegradable detergents. The construction of the new complex is expected to be completed…
Air Products (Lehigh Valley, Pa.; www.airproducts.com) and Huntsman (The Woodlands, Tex.; www.huntsman.com) announced that they have signed a long-term agreement for Air Products to build, own and operate a new steam methane reformer (SMR) and cold box in Geismar, Louisiana.…
The Abu Dhabi National Oil Company (ADNOC) and Borealis AG (Vienna, Austria; www.borealisgroup.com) have signed a framework agreement under which the companies will advance two key projects that will expand both ADNOC and Borealis downstream petrochemicals business and support the…