U.S. production of major plastic resins reached 7.0 billion pounds during March, a total that is 5.0% higher than the same month last year, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington,…
Biotechnology company Aemetis, Inc. (Cupertino, Calif.; www.aemetis.com) and Edeniq, a leading cellulosic ethanol technology company, announced that they have entered into a definitive agreement under which Aemetis will acquire all of Edeniq’s outstanding shares in a stock plus cash merger…
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…