Siemens has sold Flender – the specialized supplier of mechanical and electrical drive systems – to The Carlyle Group for 2.42 billion dollars. The deal is in line with Siemens’ strategy of becoming a technology focused company.

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.

Linggu Chemical Co. has awarded the contract to KBR and under the agreement the new 1,500 metric tonnes per day ammonia synthesis facility will utilise KBR's proprietary ammonia synloop technology.

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.

Air Products’s sixth air separation unit (ASU) has come onstream in Chandler, Arizona, USA. The new unit is capable of producing over two million standard cubic feet per hour of gaseous nitrogen and over 20,000 standard cubic feet per hour of high purity oxygen.

Emerson has completed a $ 73 million contract for automation systems and cloud engineering services, helping North West Redwater Partnership design, execute and complete its first-of-a-kind Sturgeon Refinery.

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.

Neste has selected Rotterdam in the Netherlands over Porvoo in Finland to establish its new renewable products refinery. The significant difference in costs led the company to finalize the location.

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.