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Latest News: Business

Ametek completes acquisition of condition-monitoring specialist Spectro Scientific

AMETEK, Inc. (Berwyn, Pa.; www.ametek.com) announced that it has completed the acquisition of Spectro Scientific, a leading provider of machine condition monitoring solutions for critical assets in high-value industrial applications. Spectro provides both lab-based and onsite instrumentation, consumables and cloud-based…

Covestro raises stake in TPU joint venture

Covestro (Leverkusen, Germany; www.covestro.com) accelerates the expansion of its thermoplastic polyurethanes (TPU) business by raising its stake in the joint venture DIC Covestro Polymer Ltd. (DCP) from 50 to 80%. DCP, established as a 50/50 joint venture in the year…

Clariant to increase ethylene oxide capacity at Gendorf

Clariant (Muttenz, Switzerland; www.clariant.com) says it will expand the capacity of its ethylene oxide (EO) unit in Gendorf, Germany. The investment positions Clariant to continue its successful development of innovative EO-based specialties to support a wide range of industries, such…

MFG Chemical upgrades newly acquired specialty chemicals plant

MFG Chemical (Dalton, Ga.; www.mfgchemical.com), a global leader in specialty and custom chemical manufacturing, is upgrading its Pasadena, Texas plant, which the company acquired in March 2018, and sits on 24.5 acres. The acquisition of the Pasadena plant, together with…

KBR wins contract for ammonia plant revamp in Tamil Nadu

KBR, Inc. (Houston; www.kbr.com) announced that it has been awarded a contract to supply proprietary equipment to Southern Petrochemical Industries Corporation Ltd. India for its plant located in Thoothukudi in the State of Tamil Nadu. Under the contract, KBR will…

Linde to partner with Delaware City Refining Company to establish new hydrogen production facilities

The Linde Group (Munich, Germany; www.the-linde-group.com) and PBF Energy have jointly announcd that the companies broke ground yesterday for a new hydrogen plant that is being built in Delaware City, Del., in partnership with PBF subsidiary Delaware City Refining Company…

Aveva announces global digitalization partnership with KBR

AVEVA (Cambridge, U.K.; www.aveva.com) announced that KBR (Houston; www.kbr.com) has signed a multi-phase agreement wherein AVEVA will contribute to KBR’s digital transformation, which will help to deliver significant cost savings and to provide service excellence to their clients. This agreement…

Perstorp has increased its global Di-Penta production capacity

Perstorp (Malmö, Sweden; www.perstorp.com) has increased production capacity of di-pentaerythritol (Di-Penta) by 40%. This is a result of improved efficiency and debottlenecking at all Di-Penta producing sites. Di-Penta is used in a vast number of applications such as UV cured…

Eastman completes construction of new isobutyric acid manufacturing facility

Eastman Chemical Co. (Kingsport, Tenn.; www.eastman.com) has completed a new isobutyric acid manufacturing facility at its Kingsport, Tennessee site, and expects production to begin within the next few weeks. The new facility, when added to the Longview, Texas site isobutyric…

GE Healthcare to open biotechnology manufacturing center in the U.K.

GE Healthcare (www.gehealthcare.com) announced the opening of a biotechnology manufacturing center at the Stevenage Bioscience Catalyst (SBC) Open Innovation Campus, in Stevenage, U.K. (photo). In the first half of 2019, the center will start producing a fiber-based purification platform, which…