Ingevity Corporation has completed its acquisition of the Capa caprolactone division of Perstorp Holding AB for a cash purchase price of €578.9 million ($652.5 million).
PPG (NYSE:PPG) today announced that the PPG Foundation recently invested $428,000in 20 organizations to support educational and community sustainability programs in the Greater Pittsburgh area, where PPG maintains its global headquarters and several facilities. The grants were made in the second half of 2018. The grant recipients and funding purposes were: Allegheny Conference on Community Development: $150,000 for activities to improve the area’s economic future, development and quality of life. Allegheny Land Trust: $10,000
Desktop Metal, a company committed to making metal 3D printing accessible to manufacturers and engineers, recently announced the launch of 316L stainless steel for the Studio System, the world’s first and only office-friendly metal 3D printing system for prototyping and low volume production
Celanese Corporation, a global chemical and specialty materials company, recently announced it has completed the acquisition of a 365 kilo tons per annum synthesis gas production unit from Linde AG.
Charles River Laboratories International, Inc. (NYSE: CRL) announced today that it has signed a binding offer to acquire Citoxlab for €448 million in cash (or approximately $510 million based on current exchange rates), subject to customary closing adjustments. The proposed transaction is expected to close in the second quarter of 2019, subject to labor consultations, regulatory requirements, and customary closing conditions. Upon completion of the labor consultations, Citoxlab’s shareholders are expected to enter into
Despite its high operational efficiency, the chemical industry will face a number of obstacles in 2019 that will impact growth, sales and profit. Senior Partner and Global Head of Chemicals at Simon-Kucher & Partners, Dr. Andrea Maessen, and Partner, Jan Haemer, present their insights on volatility, innovation, online portals, customer relationships, and mergers and acquisitions. 1
PPG recently announced it has expanded its PPG HI-TEMP line of high-temperature-resistant coatings with the introduction of PPG Hi-Temp 900 coating, which is specifically formulated for new-build and shop applications
On February 6, 2019, Genscape, the world’s leading provider of real-time data and intelligence for commodity and energy markets, captured the first evidence showing the Seminole-Red pipeline was operable for crude oil transportation. Genscape’s proprietary images showed one of the two turbines associated with the Coupland, TX, pumping station were active, confirming the pipeline was functional, at least under limited capacity
Seeq Corporation will be exhibiting at booth number 306 at the Connected Plant Conference (http://www.connectedplantconference.com/) to be held at the Sheraton Charlotte Hotel in Charlotte, NC from February 19-21, 2019.
Volatile organic compounds can be found in the air — everywhere. A wide range of sources, including from plants, cooking fuels and household cleaners, emit these compounds directly
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