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…
Exxon Mobil Corp. (Irving, Tex.; www.exxonmobil.com) announced that its Port Allen aviation lubricants plant has achieved full production for the entire line of Mobil Jet engine lubricants. The state-of-the-art aviation lubricants blending, packaging and distribution facility started shipping product worldwide…
PPG Industries, Inc. (Pittsburgh, Pa.; www.ppg.com) held a ceremony marking the completion of a project to increase precipitated silica production capacity at its Delfzijl, Netherlands, manufacturing location. The expansion, which came on line earlier this year, adds capacity of more…
Akzo Nobel N.V. (Amsterdam, the Netherlands; www.akzonobel.com) has inaugurated two new specialty chemicals plants at its multi-site in Ningbo, China, that together represent a combined investment of €80 million. The company has also announced that a further €90 million is…