Abengoa (Seville, Spain; www.abengoa.com) and private equity firm Trilantic Europe have signed an agreement under which Trilantic will acquire Abengoa’s four bioethanol plants in Spain and France. The deal is valued at €140 million, including the debt assumed by the…
Johnson Controls (Milwaukee, Wis.; www.johnsoncontrols.com) announced that it has signed a definitive agreement to sell its Scott Safety business to 3M Co. (St. Paul, Minn.; www.3m.com) in a cash transaction valued at approximately $2.0 billion. Scott Safety is a leader…
Honeywell UOP (Des Plaines, Ill.; www.uop.com) today announced that the Diamond Green Diesel facility in Norco, La., will expand its annual production capacity of renewable diesel from 10,000 barrels per day (bbl/d) to 18,000 bbl/d, using Honeywell UOP’s Ecofining process…
BASF SE (Ludwigshafen, Germany; www.basf.com) and Hewlett Packard Enterprise (HPE; Palo Alto, Calif.) today announced that the companies will collaborate to develop one of the world’s largest supercomputers for industrial chemical research at BASF's Ludwigshafen headquarters this year. Based on…
Oxea GmbH (Monheim am Rhein, Germany; www.oxea-chemicals.com) has started the construction of a new world-scale propanol unit at its production site at Bay City, Texas. The new unit “Propanol 2” is scheduled to come on stream in 2018. Once commissioned,…
Synthomer’s (London, U.K.; www.synthomer.com) German branch, Synthomer Deutschland GmbH, has awarded Pöyry PLC (Vantaa, Finland; www.poyry.com) with the detail engineering services assignment for the revamp of its dispersion plant in Worms, Germany. The assignment includes detail engineering services for all…
SOCAR GPC (www.socargpc.az), a gas-processing project of the State Oil Company of Azerbaijan Republic (SOCAR), has selected UNIPOL PE Technology licensed by Univation Technologies (Houston; www.univation.com) for use in its world-scale polyethylene (PE) plant to be built in Garadagh, Azerbaijan.…
Albemarle Corp. (Charlotte, N.C.; www.albemarle.com) announced that Talison, a joint venture (JV) between Albemarle and Tianqi Lithium Corp., has approved the expansion of lithium concentrate production at its Greenbushes, Australia spodumene mine. Greenbushes is the world's largest active lithium mine.…
Callery, LLC (Evans City, Pa.; www.callery.com) is the name of the new standalone entity born from BASF's divestment of its Inorganic Specialties business. The divestiture was facilitated by Edgewater Capital in combination with the Callery management team. Callery is a…
Umicore N.V. (Brussels, Belgium; www.umicore.com) announced the acquisition of the combined 50% shareholdings of Samkwang Glass Ind. Co., Ltd. and OCI Company Ltd. in the South Korean automotive catalyst joint venture (JV), Ordeg Co. Ltd. for € 82 million. Umicore – which…