European private equity firm Permira plans to buy German chemical company CABB: The investor plans to acquire the former Clariant business with operations in Europe and Asia from Bridgepoint for an undisclosed value.
Speciality chemicals company Lanxess announced investments of € 30 million in a tire rubber facility at Port Jérôme, France until 2015. The site, that celebrates its 50th anniversary in 2012 shall undergo productivity and energy efficiency upgrades, the company said.
Ineos Oxide announced a multi-million pound expansion of its Hull manufacturing facility to increase production of Ethyl Acetate (EtAc) by 100,000 tonnes per year. This is the first major UK investment decision to be made following the Brexit vote.
Awarded by the Bangladesh Chemical Industries Corporation, the new plant is expected to be the largest fertiliser plant in Bangladesh. On completion, the plant will produce 1,600 tonnes of ammonia and 2,800 tonnes of urea per day.
Linde Philippines announced an investment of € 25 million to upgrade its existing air separation unit and add a new nitrogen liquefaction unit at its Apalit Pampanga site in the Philippines.
To increase the availability of its multiwall polycarbonate (PC) sheets (brandname 'Lexan') on the Asian market, Sabic opened a new production line at its factory in Vadodara, India. Sabic announced the opening of the new line at the current Roof India 2012.
The recently started MMAtwo project is a European initiative for the recycling of PMMA waste by depolymerization to turn it back into raw material. Arkema will be chairing the project’s executive committee.
Cryogenic temperatures are extremely demanding for the used equipment — A noble gas as a refrigerant for cryogenic temperatures: Although helium is only be found in very specific applications, light gas is in great demand as a refrigerant in research. However, the low density of the medium does not bode well for the process equipment used. Especially safe sealing becomes a challenge — also and especially for the required compressors.
With MTP (Module Type Package) and NOA (Namur Open Architecture), Namur has launched important game changers in process automation. While the complexity of the topics in the context of the digitization challenges continues to increase, the users need simple solutions. Are sensors the key or the driver for successful digitization? This was discussed under the motto “Field Instruments Supporting Digital Transformation” at the annual users meeting of process automation technology.
Under the terms of the contract, Technip FMC will be in charge of addressing debottlenecks of Midor’s existing units and will also be responsible for the delivery of new units.