Saudi Aramco (Dhahran; www.saudiaramco.com) has acquired the Converge product line and associated operations and technologies from U.S.-based Novomer Inc. (Waltham, Mass.; www.novomer.com). The transaction was valued at up to $100 million. Converge is manufactured from and contains a significant portion…
Wacker Chemie AG (Munich, Germany; www.wacker.com) has expanded its range of services in Asia with today’s official opening of a new food laboratory at its Technical Center in Singapore. The regional competence center now has a newly created laboratory dedicated…
Ineos Technologies (Rolle, Switzerland; www.ineos.com) announced that INEOS O&P USA has acquired 100% of the shares of WLP Holding Corp., one of the largest high-density polyethylene (HDPE) pipe manufacturers in North America. The business is headquartered in Fort Worth, Tex.…
Amec Foster Wheeler (London, U.K.; www.amecfw.com) announced the award of a contract by The National Company for Fertilizers & Chemicals (Agrochem) to supply material and detailed engineering for a steam reformer heater for its fertilizer facility in Alexandria, Egypt. The…
Solvay SA (Brussels, Belgium; www.solvay.com) has launched the production of Highly Dispersible Silica (HDS) at its new state-of-the-art plant in Gunsan, South Korea, meeting strong and growing regional demand for energy saving tires. The plant has an annual capacity of…
Saint-Gobain has acquired 100% of the share capital of the Italian company h-old from private equity fund Arcadia Small Cap. Founded in 1982, h-old designs, manufactures and distributes – mostly in Europe – specialty adhesive tapes for various high-performance applications…
Clariant (Muttenz, Switzerland; www.clariant.com) announced a number of investments which increase the footprint of its Mining Solutions business and further improve its product portfolio, customer base and technical expertise. The company has agreed to acquire Chemical & Mining Services, Pty.…
PPG Industries, Inc. (Pittsburgh, Pa.; www.ppg.com) announced that it has reached an agreement with the Emerging Europe Accession Fund (EEAF) to acquire Deutek S.A., a leading Romanian paint and architectural coatings manufacturer. PPG expects the transaction to close in the…
Fluor Corp. (Irving, Tex.; www.fluor.com) was awarded a contract by Sasol Group Technology, a division of Sasol Ltd. (Johannesburg, South Africa; www.sasol.co.za), for the engineering, procurement and construction (EPC) of the Additional Oxygen Capacity Train 17 Outside Battery Limits project…
Schneider Electric SE (Rueil-Malmaison, France; www.schneider-electric.com) announced the acquisition of MaxEAM, a software company with complementary applications that extend Avantis.PRO Enterprise Asset Management. The acquisition further solidifies the portfolio and adds valuable domain expertise to Schneider Electric's existing team. This…