LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com) and A. Schulman, Inc. (Akron, Ohio; www.aschulman.com), a leading global supplier of high-performance plastic compounds, composites and powders, announced that they have entered into a definitive agreement under which LyondellBasell will acquire A. Schulman for…
CB&I (The Woodlands, Tex.; www.cbi.com) announced that it has been awarded a contract valued in excess of $95 million by Samsung Engineering (Thailand) Co. for a brownfield ethylene plant at PTT Global Chemical's (PTTGC) petrochemicals complex in Map Ta Phut,…
Inovyn (London, U.K.; www.inovyn.com) announced its intention to deliver a major expansion project at Rafnes Site, Norway. Through the Project, Inovyn will increase vinyl chloride monomer (VCM) capacity at the Site by around 70,000 metric tons per year (m.t./yr), which…
Air Products (Lehigh Valley, Pa.; www.airproducts.com) announced a definitive agreement to purchase ACP Europe SA (ACP), the largest independent carbon dioxide (CO2) business in Continental Europe. The transaction will complement Air Products’ European CO2 capabilities in core geographies where the…
Saipem S.p.A. (San Donato Milanese, Italy; www.saipem.com) has been awarded a new contract in the onshore E&C sector worth approximately $750 million. The work involves engineering, procurement, construction and commissioning (EPCC) in the framework of the development of the Duqm…
AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) has reinforced its commitment to customers in India following the inauguration of a new €9 million facility for the production of powder coatings. Located in Thane, Mumbai, the plant is the company’s sixth production site…
Global chemical mergers and acquisitions (M&A) activity in 2018 is expected to remain strong, as higher valuations continue to be mitigated by improving global economic conditions, continued inexpensive financing, and an appetite amongst industry participants for growth and transformative M&A…
Teijin Ltd. (Tokyo, Japan; www.teijin.com) announced that it will establish a resin compound plant and a related R&D facility at Bang Pa-in Industrial Estate in Ayutthaya, Thailand. The 10,000-metric tons per year (m.t./yr) plant will be built at a cost…
Haldor Topsoe A/S (Lyngby, Denmark; www.topsoe.com) has signed a shareholder agreement with Jiangsu Industrial Technology Research Institute (JITRI; www.jitri.org) and Xiangcheng Suzhou District for a joint R&D company in the Jiangsu Province of China. Based on Topsoe’s insight into the…
Sasol Ltd.’s (Johannesburg, South Africa; www.sasol.co.za) Inorganics and Catalyst division announced the completion of its alumina capacity expansion at Sasol’s Brunsbüttel site in Germany. The expansion will increase Sasol’s alumina hydrate production capacity in Brunsbüttel by approximately 15,000 metric tons…