Berkshire Hathaway Inc. (Omaha, Neb.; www.berkshirehathaway.com) and The Lubrizol Corporation (Wickliffe, Ohio; www.lubrizol.com) have announced a definitive agreement for Berkshire Hathaway to acquire 100% of outstanding Lubrizol shares for $135 per share in an all-cash transaction. The transaction, which was…
KBR, Inc. (Houston; www.kbr.com) has been awarded a contract by Inner Mongolia Connell Chemical Industry Co. (Connell) to provide licensing, basic engineering and related training and field services for its grassroots aniline plant in TongLiao, Inner Mongolia Province, China. The…
BASF SE (Ludwigshafen, Germany; www.basf.com) intends to sell up to around 19.7 million shares of fertilizer company K+S AG (Ludwigshafen, Germany; www.k-plus-s.com). BASF said that the shares would be “placed with institutional investors in an accelerated bookbuilding transaction via Bank…
Solazyme, Inc. (San Francisco, Calif.; www.solazyme.com), a leading renewable-oils and bioproducts company, announced today the execution of both a joint development agreement (JDA) and a letter of intent (LOI) with The Dow Chemical Co. (Midland, Mich.; www.dow.com) to advance the…
Lanxess AG (Leverkusen, Germany; www.lanxess.com) is expanding its global production network for high-tech plastics. The specialty chemical company broke ground today on a new compounding facility in the U.S. Additionally, Lanxess and DuPont (Wilmington, Del.; www.dupont.com) will double the capacity…
Foster Wheeler AG (ZUG, Switzerland; www.fwc.com) says its Global Engineering and Construction Group has been awarded a contract by Cynar Plc to provide basic process engineering design services for a 6,000 metric-ton per year plant to convert non-recyclable waste plastics…
Uhde Services GmbH (Haltern, Germany; www.uhde.eu) has signed a framework agreement with RWE Power (Cologne, Germany; www.rwe.com) for use of the fluidized-bed lignite drying technology with internal waste heat utilization. Uhde Services will thus join Linde KCA Dresden (Linde Group;…
Siemens AG (Munich, Germany; www.siemens.com) has been awarded the contract to equip the biggest sugar refinery operating in North America. The Siemens Industry Automation Division will be supplying electrical and control technology to the producing plant, which is currently under…
The Polyurethanes division of Huntsman Corp. (Everberg, Belgium; www.huntsman.com) plans to expand its polyurethane (PU) production capabilities in India. Over the next year, Huntsman will invest $10 million in the construction of a world-class systems house in Pune, India —…
Outokumpu Oyj (Espoo, Finland; www.outokumpu.com) is now offering the high-performance stainless steel grade Outokumpu 654 SMO. The grade, which offers superior corrosion resistance and mechanical properties, is set to move the boundaries of stainless steel by offering a cost-effective alternative…