Rockwell Automation (Milwaukee, Wis.; www.rockwellautomation.com) announced that it has agreed to purchase MagneMotion, a leading manufacturer of intelligent conveying systems. MagneMotion systems are used across a broad range of industrial applications, including automotive and general assembly, packaging and material handling.…
Lanxess AG (Cologne, Germany; www.lanxess.com) and Saudi Arabian Oil Co. (Saudi Aramco; Dhahran, Saudi Arabia; www.saudiaramco.com) have announced Arlanxeo, the name of their new joint venture (JV) for synthetic rubber. The new name and logo combines elements from the names…
Evonik Industries AG (Essen, Germany; www.evonik.de) plans to build a new production line for special polyamide 12 powder (PA12) in Marl, Germany with an investment volume in the mid double-digit million-euro range. The new plant, which is scheduled to…
Fluor Corp. (Irving, Tex.; www.fluor.com) announced that LyondellBasell (Rotterdam, the Netherlands; www.lyondellbasell.com), has selected Fluor to perform front-end engineering and design (FEED) work for its proposed propylene oxide (PO) and tertiary butyl alcohol (TBA) plant. Fluor booked the undisclosed contract…
Solenis (Wilmington, Del.; www.solenis.com)is responding to strong customer demand in Russia by investing approximately $5 million at its manufacturing facility in Perm. The investment will double the production capacity for its polyacrylamide powders used in a wide variety of water-based…
Haldor Topsøe A/S (Lyngby, Denmark; www.topsoe.com) will open permanent offices in Tehran, Iran. The decision is made based on the company’s deep-rooted knowledge of the sector and long-standing relations with Iranian companies. Simultaneously, the company can celebrate the signing…
Chemical equity prices, as measured by the S&P index for chemical companies, fell by 10.4% in January, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). The benchmark S&P 500 index…
Ametek, Inc. (Berwyn, Pa.; www.ametek.com) announced that it has completed two acquisitions: Brookfield Engineering Middleboro, Ma.; www.brookfieldengineering.com), a leading manufacturer of viscometers and rheometers, and ESP/SurgeX, a leader in energy intelligence and power-protection solutions. “Brookfield Engineering and ESP/SurgeX are excellent…
Maire Tecnimont S.p.A.’s (Milan, Italy; www.mairetecnimont.com) subsidiaries Tecnimont S.p.A. and KT – Kinetics Technology S.p.A have signed an engineering, procurement and construction (EPC) contract with Socar Polymer for the realization of a polyethylene (PE) plant on a lump-sum turn-key basis.…
Air Liquide’s (Paris, France; www.airliquide.com) subsidiary Schülke, a specialist in hygiene and disinfection, has acquired Vic Pharma, a company operating in this sector in Brazil. Founded in 1990, Vic Pharma is the second-largest independent player in the Brazilian hygiene market…