According to data from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), production of major plastic resins totaled 6.5 billion pounds during June 2015, up 2.6% compared to June of last year. Year-to-date production was 38.7 billion pounds, a 3.3%…
As part of the joint venture Elme Messer Gaas, Messer, the largest privately owned industrial gases specialist and the second shareholder, the BLRT Grupp, one of the biggest industrial holdings in the Baltic States, have invested around 5 million…
Fluor Corp. (Irving, Tex.; www.fluor.com) has signed an agreement to divest 50% of shares in its Spanish operations, Fluor S.A., to Sacyr Industrial S.L.U. (www.sacyr.com), a leading multinational Spanish construction company. The new entity, SacyrFluor, will be headquartered in…
Solvay S.A. (Brussels, Belgium; www.solvay.com) has entered into a definitive merger agreement with U.S.-based Cytec to acquire 100% of its share capital for $75.25 per share in cash. The total cash consideration will amount to $5.5 billion, corresponding to an…
Yara International ASA (Oslo, Norway; www.yara.com) is investing $263 million in Sluiskil, the Netherlands to increase granulation capacity, enabling increased production of granular urea with sulfur, and nitrates. In 2011, Yara completed the construction of a new world-scale urea solution…
H.B. Fuller Co. (St. Paul, Minn.; www.hbfuller.com) broke ground on its future manufacturing facility in Surabaya, Indonesia. This future facility will strengthen H.B. Fuller’s network in the Asia Pacific region and will complement the products and technical service offered by…
Solvay S.A. (Brussels, Belgium; www.solvay.com) has begun production at its new fluoroelastomers (FKM) plant in Changshu, China, as part of its ongoing strategic site expansion, to meet booming demand for its specialty polymers from Asia’s fast-growing automotive industry and multiple other…
Honeywell (Morristown, N.J.; www.honeywell.com) announced that it has signed a definitive agreement to acquire the Elster Division of Melrose Industries plc, a leading provider of thermal gas solutions for commercial, industrial, and residential heating systems and gas, water, and electricity…
BioOutsource Ltd. (Glasgow, Scotland; www.biooutsource.com) , part of Sartorius Stedim Biotech Group and a global leader in biologics contract testing and biosimilar characterization for the biopharmaceutical industry, today announced the opening of a new facility that doubles BioOutsource’s capacity…
The U.S. Chemical Production Regional Index (U.S. CPRI) rose by 0.5% in June, while specialty chemical market volumes in the U.S. rose by 0.1%, according to the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington,…