Henkel AG & Co. KGaA (Düsseldorf, Germany; www.henkel.com) has entered into exclusive negotiations with GCP Applied Technologies to acquire their global Darex Packaging Technologies business for $1.05 billion (around 995 million euros) on a cash and debt free basis. Henkel…
Zachry Group (San Antonio, Tex.; www.zachrygroup.com) has acquired Chicago-based Ambitech Engineering Corp., a global, full-service provider of engineering, design, project management, procurement and construction management services. Ambitech, established in 1982, has 750 employees in multiple locations across the U.S., as…
Versum Materials, Inc. (Tempe, Ariz.; www.versummaterials.com), a leading materials supplier to the semiconductor industry, announced that it would expand its manufacturing capacity at its Delivery Systems and Service (DS&S) headquarters in Allentown, Pa. To support customer demand and the growth…
On March 1, Thomas Walkenhorst took over as CEO of TÜV SÜD Chemie Service GmbH (Munich, Germany; www.tuv-sud.com), succeeding Hans-Nicolaus Rindfleisch. The new company head will be supported by the recently appointed Chief Operating Officer, Hans Joachim Machetanz (48). TÜV…
Air Products (LeHigh Valley, Pa.; www.airproducts.com) announced it has been awarded the longterm supply of approximately 30 million standard cubic feet per day of hydrogen by Marathon Petroleum Company LP for its Garyville, Louisiana refinery. This new supply award, to…
Wacker Chemie AG (Munich, Germany; www.wacker.com) is expanding its silicone production at its Jandira site near São Paulo, Brazil. Wacker is currently building a multi-purpose facility to manufacture antifoam compounds and functional silicone fluids. The expansion is Wacker’s response to…
Toyo Engineering Korea Ltd., Korean subsidiary of Toyo Engineering group (Toyo; Chiba, www.toyo-eng.co.jp) has been awarded a front-end engineering design (FEED) contract for a new polyethylene project of PT Chandra Asri Petrochemical Tbk (CAP). This project is to construct a…
CB&I (The Woodlands, Rex; www.cbi.com) announced it has entered into a definitive agreement to sell its Capital Services business to an affiliate of private equity investment firm Veritas Capital for $755 million in cash. "I would like to congratulate the…
Ingleside Ethylene, LLC, the 50/50 joint venture between Mexichem S.A.B. de C.V. (Tlalnepantla, Mexico; www.mexichem.com) and Occidental Chemical Corp. (OxyChem) announced that its ethylene cracker at OxyChem’s Ingleside, Texas, complex has begun operations on schedule and on budget. The ethylene…
The American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Global Chemical Production Regional Index (Global CPRI) shows that headline global production started the year on a strong note, rising 0.6 percent in January after a similar gain in December, as measured…