INEOS (Rolle, Switzerland; www.ineos.com) has reached an agreement in principle, to sell Ineos Styrenics, its Expandable Polystyrene Business (EPS), to Synthos S.A. for €80m. Ineos Styrenics produces expandable polystyrene (EPS) for the building, construction and packaging industries at manufacturing sites…
ExxonMobil Corp. (Irving, Tex.; www.exxonmobil.com) and FuelCell Energy, Inc. announced an agreement to pursue novel technology in power-plant carbon dioxide capture through a new application of carbonate fuel cells, which could substantially reduce costs and lead to a more economical…
The Supervisory Board of Evonik Industries AG (Essen, Germany; www.evonik.com) appointed Christian Kullmann as deputy chairman of the executive board with immediate effect. Kullmann has been on the Executive Board since July 2014 and has the role of Chief Strategic…
Hexcel Corp. (Stamford, Conn.; www.hexcel.com) recently broke ground on a new $20-million engineered core facility at the MidParc Free Trade Zone Industrial Park in Casablanca, Morocco. Presiding over the groundbreaking ceremony were Hexcel vice president and general manager, Thierry Merlot,…
Evonik Industries AG (Essen, Germany; www.evonik.com) is acquiring the Specialty & Coating Additives business (Performance Materials Division) of Air Products and Chemicals, Inc. for $3.8 billion, strengthening its leading position on the high-margin specialty & coating additives market. The transaction…
ABB (Baden, Switzerland; www.abb.com) won an order from Tenova TAKRAF Chile to automate one of the world’s most powerful conveyor belt systems to be built at Chuquicamata Mine in Chile. The belt system will deliver copper ore from the underground…
The first commercial installation Honeywell’s UOP MaxEne Process successfully entered production at Sinopec Yangzi Petrochemical Co.’s (YPC) integrated refinery and petrochemical facility in Nanjing, China. The new technology from Honeywell UOP (Des Plaines, Ill.; www.uop.com) generates substantially higher yields of…
MilliporeSigma (Billerica, Mass.; www.emdgroup.com) announced the expansion of its state-of-the-art single-use current good manufacturing process (cGMP) facility with the addition of the Mobius 2000-L single-use bioreactor. With the new upstream suite at its Biodevelopment Center in France, MilliporeSigma can offer full…
The Linde Group (Munich, Germany; www.linde.com) announced the signing of an agreement between Linde and alternative energy company Renergen for the development of the Free State Helium and Natural Gas (NG) field near Welkom in South Africa, expected to commence…
BASF SE (Ludwigshafen, Germany, www.basf.com) sold its former sterols manufacturing facility in Pasadena, Tex., to Trecora Chemical (TC), a wholly owned subsidiary of Trecora, a leading provider of high purity specialty hydrocarbons and waxes. Both parties agreed not to disclose…