Ametek Inc. (Berwyn, Pa.; www.ametek.com) announced that it has signed a definitive agreement for the sale of its Reading Alloys business to Kymera International, a leading specialty materials company that is owned by affiliates of Palladium Equity Partners, LLC. Founded…
Archer Daniels Midland Company (ADM; www.adm.com) announced that it has acquired Yerbalatina Phytoactives, a pioneering natural plant-based extracts and ingredients manufacturer. “ADM is a global leader in nutrition, and we are proud to be at the cutting edge of many…
Sandvik Group (Stockholm, Sweden; www.home.sandvik.com) has acquired privately owned Thermaltek Inc., a manufacturer of high-temperature furnace systems and metallic heating elements headquartered in North Carolina "Through this acquisition we add further strength to our leading position in industrial heating, a…
Saint-Gobain (Courbevoie, France; www.saint-gobain.com) has acquired Belgium-based High Tech Metal Seals (HTMS), a designer and manufacturer of engineered metal seals for the industrial, energy and aerospace markets. It completes the Group’s product range in offering tailor-made solutions in the sealing…
Clariant (Muttenz, Switzerland; www.clariant.com), Anhui Guozhen Group (www.ahgze.com.cn), and Chemtex Chemical Engineering (www.chemtex.com) signed a license agreement on Clariant's sunliquid cellulosic ethanol technology (www.sunliquid.com). The Anhui Guozhen Group and Chemtex have agreed to form a joint venture (JV) with the…
Total S.A. (Paris, France; www.total.com), Svante Inc., LafargeHolcim and Oxy Low Carbon Ventures, LLC (OLCV), a wholly-owned subsidiary of Occidental, announced a joint study to assess the viability and design of a commercial-scale carbon-capture facility at the Holcim Portland Cement…
KBR (Houston; www.kbr.com) has won the first commercial contract for its K-PRO Propane Dehydrogenation (PDH) Technology, which the company first introduced in January 2019. This innovative and environmentally friendly technology will be utilized for a 600,000-ton PDH plant by a…
Cabot China Limited, a wholly owned subsidiary of Cabot Corp. (Boston, Mass;. www.cabot-corp.com), entered into an agreement to purchase Shenzhen Sanshun Nano New Materials Co., Ltd. (SUSN), a leading carbon nanotube (CNT) producer in China, for approximately $115 million in…
Huntsman Corp. (The Woodlands, Tex.; www.huntsman.com) announced that it has completed the sale of its chemical intermediates businesses, which includes PO/MTBE, and its surfactants businesses to Indorama Ventures Public Co. Ltd. (IVL; Bangkok, Thailand; www.indoramaventures.com) in a transaction valued at approximately…
Veolia (Paris; www.veolia.com), through its subsidiary Veolia North America, announced that it has signed an agreement to take over Alcoa USA Corp.’s Hazardous Waste Treatment Site located in Gum Springs, Arkansas (USA). With this operation, Veolia continues the global expansion…