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AGC to acquire Italian biotechnology company Molmed

AGC Inc. (Tokyo; www.agc.com) has decided to launch a voluntary tender offer (VTO) to acquire all ordinary shares of Molecular Medicine S.p.A. (Molmed), a company with shares listed on the Italian Stock Exchange (Milan). Molmed is a clinical-stage biotechnology company…

Toray Plastics opens resin innovation center in Virginia

Toray Plastics (America), Inc. (www.toraytpa.com) has opened the PEF Division Innovation Center at its operations in Front Royal, Virginia. The new $4 million, 5,000-square-foot Innovation Center houses a state-of-the-art, custom designed pilot line, which enables Toray to explore and qualify…

Maire Tecnimont awarded EPC contract for new urea complex in Turkey

Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) announced that its subsidiary Tecnimont S.p.A. has signed with Gemlik Gübre Sanayii Anonim Şirteki for an engineering, procurement and construction (EPC) contract for a value of approximately €200 million related to the implementation of…

Huntsman to acquire CVC Thermoset Specialties

Huntsman Corp. (The Woodlands, Tex.; www.huntsman.com) has agreed to acquire CVC Thermoset Specialties, a North American specialty chemical manufacturer serving the industrial composites, adhesives and coatings markets.  CVC Thermoset Specialties is part of Emerald Performance Materials LLC which is majority…

Significant increase in efficiency of P&ID creation

Established in 1912, EBARA Group (Tokyo, Japan; www.ebara.co.jp) has been at the forefront of developing some of the world’s most advanced fluid technologies. In the Fluid Machinery and System division, the creation of process & instrumentation diagrams (P&IDs) is one…

Black & Veatch and BHP complete major desalination project in Chile

BHP (Melbourne, Australia; www.bhp.com), the world’s largest mining company, recently marked the completion of the Escondida Water Supply Expansion (EWSE) project at its Minera Escondida mine in Chile. The expansion increases the mine's desalination capacity to the point where 100%…

Maire Tecnimont wins EPCC contract for hydrotreater unit at Total’s Donges refinery

Maire Tecnimont S.p.A. (Milan, Italy; www.mairetecnimont.com) announced that its subsidiary, KT – Kinetics Technology S.p.A., has been awarded the ISBL Package, in the framework of the Horizon Project, by Total Raffinage France, part of Total S.A. The project mainly consists…

Ingenia Polymers acquires LyondellBasell’s LaPorte manufacturing site

Thermoplastics manufacturer Ingenia Polymers Corp. (www.ingeniapolymers.com) has acquired the La Porte, Tex. operations of LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com), commonly known as Bayshore Industrial. The LaPorte assets represent Ingenia’s first acquisition since its founding 34 years ago.

Gevo installs wind turbines to power Minnesota production plant

Gevo, Inc. (Englewood, Colo.; www.gevo.com) and partners Juhl Energy (Juhl) and Harrison Street Investors held a ribbon-cutting ceremony to celebrate the completed construction of two wind turbines that will supply up to 5.0 MW of fully renewable electricity to Gevo…

DOMO Chemicals to invest €12 million in new nylon plant in China

DOMO Chemicals GmbH (Leuna, Germany; www.domochemicals.com) has announced plans for a new state-of-the-art plant in Zhejiang, China. The new plant will be capable of producing 50,000 ton/yr of sustainable and innovative engineered nylon compounds. The company signed a new factory…