Stepan Co. (Northfield, Ill.), through subsidiaries in Mexico, it has entered into an agreement with Clariant (Mexico) S.A. de C.V. to acquire Clariant's anionic surfactant business and associated sulfation equipment located in Santa Clara, Mexico. Financial terms of the transaction…
Solenis LLC (Wilmington, Del.) completed the acquisition of 100% of the outstanding shares of Poliquímicos, S.A. de C.V. (Poliquímicos). Headquartered in Mexico City, Mexico, Poliquímicos is a leading producer and supplier of specialized chemical solutions for water-intensive industries, including the…
Evonik Industries AG (Essen, Germany) announced that its new multi-purpose silicones manufacturing facility in Geesthacht, Germany is now fully operational after completing final commissioning tests and gaining the necessary authority approvals. Engineers carried out small batch runs, and the essential…
The preliminary value for the CE Plant Cost Index (CEPCI) for May 2020 (the most recent available) decreased compared to the previous month’s value, following a similar decline in April. The values for three of the four major subindices (Equipment;…
Chevron Corp. (San Ramon, Calif.; www.chevron.com) announced today that it has entered into a definitive agreement with Noble Energy, Inc. (www.nblenergy.com) to acquire all of the outstanding shares of Noble Energy in an all-stock transaction valued at $5 billion, or…
Linde plc (Guildford, U.K.) has signed a Memorandum of Understanding (MoU) with Beijing Green Hydrogen Technology Development Co., Ltd., a subsidiary of China Power International Development Ltd., to jointly promote the application and development of green hydrogen in China. Under…
TechnipFMC announced that its proprietary Hummingbird ethanol-to-ethylene technology was selected by LanzaTech Inc. for a key application which, when combined with LanzaTech’s Alcohol-to-Jet (ATJ) technology, can be used to manufacture sustainable aviation fuel (SAF) using ethanol as raw material. LanzaTech’s…
Wacker, a global chemical company, has partnered with the Karlsruhe Institute of Technology (KIT) to build a platform for sustainable construction. The project known as "ChangeLab! Wacker/KIT Innovation Platform for Pioneering Sustainable Construction," is meant to engage both KIT's students…
Lanxess AG (Cologne, Germany) continues to develop its portfolio and is reorganizing its water treatment technologies business: the company will focus on the ion-exchange resins business and intends to grow here primarily in markets for high-end applications. As part of…
KBR, Inc. (Houston) has been awarded a contract for its proprietary Plinke Adiabatic Nitrobenzene solutions by Kutch Specialities Pvt. Ltd., India. Under the terms of the contract, KBR will provide basic and detailed engineering design, equipment, and related advisory services…