CB&I (The Woodlands, Tex.; www.cbi.com) announced that it has been awarded a contract by Hebei Haiwei Group for the license and basic engineering design of a polypropylene unit to be built in Jingxian, Hebei Province, China. The unit will use…
BP plc (London; www.bp.com) has agreed to sell its petrochemical complex in Decatur, Ala., to Indorama Ventures Public Co., as part of a previously announced effort to refocus its global petrochemicals business for improved profitability and long-term growth. The divestment…
Air Liquide (Paris, France; www.airliquide.com) will build and operate a new facility consisting of a carbon dioxide production unit and a cogeneration unit. This investment of around €40 million marks Air Liquide’s entry into the Colombian industrial gas market. The new facility…
Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) was awarded a contract to provide engineering, procurement and construction management (EPCM) services for Biogen’s new manufacturing facility in Luterbach, Switzerland. Under the terms of the agreement, Jacobs is providing EPCM services…
Last month, Altor Fund II (Altor; www.altor.com) signed an agreement to divest Piab AB (Täby, Sweden; www.piab.com) to EQT Fund VII (EQT). Altor acquired Piab together with Peter and Jacob Tell from several other members of the Tell family…
Albemarle Corp. (Baton Rouge, La.; www.albemarle.com) announced the successful completion of the previously announced sale of its Tribotecc metal sulfides business to Treibacher Industrie AG. The transaction included sites in Vienna and Arnoldstein, Austria and Tribotecc's proprietary sulfide synthesis process.…
Praxair Distribution, Inc. (PDI), a subsidiary of Praxair, Inc. (Danbury, Conn.; www.praxair.com), announced its two joint venture (JV) companies operating in the southeastern U.S. have merged. Financial terms of the transaction were not disclosed. The transaction involves merging Praxair Distribution…
Saint-Gobain (Courbevoie, France ; www.saint-gobain.com) has acquired Brazilian company SG Plasticos, a leading player in specialty extruded tubing in Brazil, based in the state of São Paulo. The company provides differentiated and customized solutions related to fluid transfers in demanding…
Dyadic International, Inc. (Jupiter, Fla.; www.dyadic.com) announced the closing of the previously announced sale of substantially all of the assets of its Industrial Technology business to DuPont’s Industrial Biosciences business for $75 million in cash. As previously announced, following the…
The Global Chemical Production Regional Index (Global CPRI) rose by 0.4% in November on a three-month-moving-average (3MMA) basis, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). Meanwhile, the ACC’s final…