H.I.G. Capital (H.I.G.; Miami, Fla.; www.higcapital.com), a global private equity investment firm, says that its portfolio company Valtris Specialty Chemicals (Valtris; Independence, Ohio; www.valtris.com) has acquired Akcros Holdings Ltd. Valtris is a leading manufacturer of specialty chemicals primarily used as…
SNC-Lavalin (Montreal, Canada; www.snclavalin.com) through its affiliate Saudi Arabian Kentz, has been awarded an engineering, procurement and construction (EPC) contract by Saudi Aramco for the expansion of asphalt production facilities at its Ras Tanura Refinery in Saudi Arabia. Upon completion…
Johnson Matthey (www.jmfinechemicals.com), a leading provider of pharmaceutical services, active pharmaceutical ingredients (APIs) and catalyst technologies and Domainex Ltd. (Cambridge, U.K.; www.domainex.co.uk), a small-molecule drug discovery company, have announced a collaboration to provide integrated small molecule pharmaceutical discovery and development…
BASF SE (Ludwigshafen, Germany; www.basf.com) has signed an agreement to acquire the assets of Guangdong Yinfan Chemistry Co. (Yinfan) in China. With this acquisition, BASF will establish a stronger coatings production footprint by gaining access to a state-of-the-art automotive refinish…
Air Liquide (Paris, France; www.airliquide.com) says it has commissioned 12 biogas purification units in the last 12 months in Europe. With these new units, Air Liquide triples its biogas purification capacity on the European continent. Overall, Air Liquide has designed…
On April 18, Gov. John Bel Edwards and Occidental Chemical Corp. (Dallas, Tex.; www.oxychem.com) president Rob Peterson announced a $145 million expansion of the company’s manufacturing plant in Geismar, Louisianna. The project includes equipment for producing a new raw material…
Praxair, Inc. (Danburry, Conn; www.praxair.com) has signed a long-term agreement to purchase by-product carbon dioxide from US Nitrogen LLC, a subsidiary of Austin Powder Co., a leading provider of industrial blasting products and services. Praxair will build, own and operate…
The Specialty Chemicals Market Volume Index, a tool created by the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com) ended the first quarter of 2016 on a soft note, slipping 0.1 percent on a three-month moving average (3MMA) basis in March…
Specialty chemicals maker Solenis LLC (Wilmington, Del.; www.solenis.com) today announced that it has signed an agreement to acquire the shares in Lostris International B.V. and Wester Blend B.V., privately-held companies primarily focused on supplying specialty chemicals to the pulp and…
Today, Wacker Chemie AG (Munich, Germany; www.wacker.com) officially opened its new polysilicon-production site in Charleston, Tennessee (photo below). The ceremony was attended by numerous guests from politics, business and government, including Tennessee Governor Bill Haslam and the state’s two U.S.…