Showa Denko K.K. (SDK; Tokyo; www.sdk.co.jp) has decided to establish its subsidiary’s second factory in Shanghai to produce high-purity gases for electronics. Shanghai Showa Electronics Materials Co., Ltd. (SSE), which is SDK’s wholly owned subsidiary producing high-purity gases for electronics,…
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…