GlyEco, Inc. (Phoenix, Ariz.; www.glyeco.com) announced the completion of its previously announced acquisition by its subsidiary Recovery Solutions & Technologies Inc. (RS&T) of certain glycol distillation assets from Union Carbide Corporation, a wholly-owned subsidiary of The Dow Chemical Company (Midland,…
Evonik Industries AG (Essen, Germany; www.evonik.com) has completed the activities to acquire the specialty additives business (Performance Materials Division) of the Air Products (Lehigh Valley, Pa.; www.airproducts.com) for $3.8 billion (approx. €3.5 billion) by the end of the year as…
Huntsman Corp. (The Woodlands, Tex.; www.huntsman.com) has completed the sale of its European surfactants business to Innospec Inc. (Littleton, Colo.; www.innospecinc.com) for an enterprise value of $225 million. This business represented approximately $24 million of EBITDA in 2015. Huntsman intends…
LanzaTech (Skokie, Ill.; www.lanzatech.com) has been selected by the U.S. Department of Energy’s (DOE) Bioenergy Technologies Office (BETO) to receive a $4-million award to design and plan a demonstration-scale facility using industrial off-gases to produce 3 million gal/yr of low-carbon…
Alpek S.A.B. de C.V. (San Pedro Garza Garcia, Mexico; www.alpek.com) has signed a share purchase agreement with Petroleo Brasileiro S.A. (Petrobras) for the acquisition of its 100% stake in Companhia Petroquimica de Pernambuco (Petroquímica Suape) and Companhia Integrada Têxtil de…
SNC-Lavalin (Montreal, Quebec, Canada; www.snclavalin.com) has signed and closed an agreement to sell its ongoing activities in France and in Monaco to Ciclad and Impact Holding for a nominal amount, including its investment in Société d’Exploitation de l’Aéroport de Mayotte.…
The following is a list of recently published books relevant to professionals in the chemical process industries (CPI). The Science of Ethanol, By Walter E. Goldstein, CRC Press, 2016, 294 pages, $129.95. Design and Processing of Particulate Products, By Jim…
Marsulex Environmental Technologies Corp. (MET; Lebanon, Pa.; www.met.net) and Sanders Lead Company Inc. (Troy, Alabama) have finalized a contract for the supply of MET’s proprietary ammonium-sulfate fluegas desulfurization (AS-FGD) system at their Troy, Alabama lead smelter and battery reclamation facility.…
The American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Global Chemical Production Regional Index (Global CPRI) shows that headline global production was flat during November on a three-month moving average (3MMA) basis. This follows two months of decline and fairly good…
The Chemical Activity Barometer (CAB), a leading economic indicator developed by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), ended the year on a strong note, posting a monthly gain of 0.3% and a year-over-year gain of 4.4%. This represents…