Owens Corning (Toledo, Ohio; www.owenscorning.com) announced that it has signed an agreement to acquire Pittsburgh Corning, a leading producer of cellular glass insulation systems for commercial and industrial markets. Upon closing, the company will pay approximately $560 million in cash,…
The American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Global Chemical Production Regional Index (Global CPRI) shows that global chemicals production rose 0.1 percent in April after a revised flat performance in March, as measured on a three-month moving average (3MMA)…
BASF SE (Lugwigshafen, German; www.basf.com) and Sinopec will expand the capacity of existing propionic acid production with an additional 30,000 metric tons per year (m.t./yr) at their state-of-the-art Verbund site, BASF-YPC Company Limited, a 50-50 joint venture (JV) in Nanjing,…
Neste Jacobs Oy (Porvoo, Finland; www.nestejacobs.com) and Haltermann Carless, a leading provider of high-value specialty hydrocarbons, have signed a contract under which Neste Jacobs will perform the engineering, procurement and construction management (EPCM) services for an upgrade and expansion of…
Amec Foster Wheeler (London, U.K.; www.amecfw.com) has been awarded an engineering contract by ISAB Srl, a Lukoil Group Company, as part of a major turnaround at their refinery in Priolo, Sicily, Italy. ISAB has selected Amec Foster Wheeler to execute…
AkzoNobel’s (Amsterdam, the Netherlands; www.akzonobel.com) Specialty Chemicals business has completed an organic peroxides expansion project at its Polymer Chemistry production facility in Los Reyes, Mexico. The investment will increase the company’s peroxyester capacity in North America by 40%, substantially increasing…
Air Liquide Engineering & Construction (www.engineering-airliquide.com) has recently signed a major contract amounting around €100 million to design and built three air separation units (ASUs) for Yankuang Group, one of the largest energy and chemical companies in China. Air Liquide Engineering & Construction…
Eastman Chemical Co. (Kingsport, Tenn.; www.eastman.com) announced a planned expansion of its Performance Films manufacturing capacity in Martinsville, Virginia. The capacity expansion is expected to be complete in late 2017 and will increase capacity for both paint protection films and…
Metso Corp. (Helsinki, Finland; www.metso.com) has selected Rockwell Automation (Milwaukee, Wisc.; www.ra.rockwell.com) to deliver a global Industrial Internet of Things (IIoT) platform that connects, monitors, and performs analytics for Metso's equipment and services, resulting in improved efficiency and profitability for…
AkzoNobel N.V. (Amsterdam, the Netherlands; www.akzonobel.com) has opened a new Performance Coatings production facility in Chonburi, Thailand. With an investment of €31 million, AkzoNobel expands its footprint with this ninth production site in the South East Asia region. The new…