Clariant (Muttenz, Switzerland; www.clariant.com) announced a number of investments which increase the footprint of its Mining Solutions business and further improve its product portfolio, customer base and technical expertise. The company has agreed to acquire Chemical & Mining Services, Pty.…
PPG Industries, Inc. (Pittsburgh, Pa.; www.ppg.com) announced that it has reached an agreement with the Emerging Europe Accession Fund (EEAF) to acquire Deutek S.A., a leading Romanian paint and architectural coatings manufacturer. PPG expects the transaction to close in the…
Fluor Corp. (Irving, Tex.; www.fluor.com) was awarded a contract by Sasol Group Technology, a division of Sasol Ltd. (Johannesburg, South Africa; www.sasol.co.za), for the engineering, procurement and construction (EPC) of the Additional Oxygen Capacity Train 17 Outside Battery Limits project…
Schneider Electric SE (Rueil-Malmaison, France; www.schneider-electric.com) announced the acquisition of MaxEAM, a software company with complementary applications that extend Avantis.PRO Enterprise Asset Management. The acquisition further solidifies the portfolio and adds valuable domain expertise to Schneider Electric's existing team. This…
W.R. Grace & Co. (Columbia, Md.; www.grace.com) has announced that it will provide its Unipol PP process technology and services to Braskem America’s newest planned facility in La Porte, Tex., which could begin operations in early 2019. Braskem is the…
AkzoNobel (Amsterdam, the Netherlands; www.akzonobel.com) is building a new €90 million state-of-the-art facility in the Nangang Chemical Park of the Binhai District in Tianjin, China. The announcement, made during an official signing ceremony with Chinese government officials in Tianjin, involves…
The American Chemistry Council’s (ACC; Washington, D.C.; www.americanchemistry.com) Global Chemical Production Regional Index (Global CPRI) shows that growth in the industry has been nearly flat most of the year thus far. The headline index for September showed no gain or…
INEOS Styrolution, (Frankfurt, Germany; www.ineos-styrolution.com) signed an acquisition agreement for the global K-Resin styrene-butadiene copolymers (SBC) business of Chevron Phillips Chemical Company LLC (Chevron Phillips Chemical) and Daelim Industrial Co. Ltd., the current joint venture owners. The parties have agreed…
Aspen Technology, Inc. (Bedford, Ma.; www.aspentech.com) has acquired Mtelligence Corp. (Mtell), a San Diego, California-based pioneer in the field of predictive and prescriptive maintenance for asset performance optimization. Mtell products enable companies to increase asset utilization and avoid unplanned downtime…
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), notched a gain of 0.3% in October, following an upwardly revised gain of 0.4% in September, according to the organization. The…