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Mergers, Acquisitions, and Partnerships news
(page 69)
3 December 2012
CABB Expands and Upgrades Plants
€10M invested in expanding solid isolation and reactor capacities in Finland and debottlenecking in Switzerland, driven by rising demand for agrochemicals and custom products.
9 September 2012
Grillo AG Invests in New Chemical Plant at Höchst Industrial Park
Grillo's new plant in Frankfurt produces dimethyl ether, creating 130 jobs. The investment exceeds €50 million since 2007, aiming to establish Grillo as a key market player.
9 July 2012
Vita Group Sells Nonwovens Business
Employees will transfer, and consultations with Works Councils are underway. Funds from the sale will reduce debt and invest in growth. Vita Group now has no net debt and significant cash availability.
31 May 2012
Air Liquide Invests €100 Million in Germany
A new hydrogen and carbon monoxide unit will be built at Chempark Dormagen to supply Bayer MaterialScience, enhancing polymer production for various applications. Completion is set for 2014.
9 May 2012
Eni Rebrands Chemicals Division as Versalis
Versalis focuses on innovation, green chemicals, and emerging markets. Investments target growth, site upgrades, and elastomers, aiming for a 50% sales increase and €400m EBIT improvement by 2015.
22 March 2012
FRX Polymers to Build First Commercial Plant at Bayer Antwerp Site
FRX will break ground in August 2012 and commission the plant by Q4 2013. The site offers key raw materials, skilled workforce, and logistics. FRX holds 20 patents and operates pilot plants in MA and Switzerland.
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20 January 2012
Novamont and Genomatica Form JV for European BDO Plant
The JV will convert an Adria, Italy facility to produce 40 million pounds of BDO annually from renewable feedstocks, with production starting in 2013. A second plant using biomass sugars is planned.
9 May 2011
DSM and Roquette to launch bio-based succinic acid plant in 2012
The plant will produce 10 kilotons/year of bio-based succinic acid, offering a renewable alternative to fossil feedstocks. It will use a yeast-based fermentation process, improving eco-footprint and efficiency.
9 March 2011
DuPont and LANXESS to Double PBT Compounding Capacity
The joint venture will invest €10M to expand PBT production in Germany, driven by rising demand in automotive and electronics. The new capacity will be operational by early 2012.
11 February 2011
Kemira to Build Coagulant Plants in Germany and Spain
The EUR 40 million investment will utilize HCl from Bayer's polyurethane production for water treatment. Existing plants in the Netherlands and Spain will be restructured, with minimal personnel impact.
14 January 2011
Messer Opens Oxygen Plant in Estonia
A new oxygen plant in Järvakandi produces 2,650 m³/hr for Owens-Illinois, reducing emissions and energy use with oxy-fuel technology, aiding sustainability and efficiency in glass production.
28 July 2010
IGEST.RES to Open Chemical Waste Treatment Plant at BASF Tarragona
The new plant will recycle 15,000 tons of hydrocarbons and treat 25,000 tons of industrial water annually, creating 25 jobs. It leverages BASF's infrastructure for enhanced synergies and services.
16 July 2010
Stepan Europe Acquires Alfa Systems in Poland
The acquisition includes a plant in Brzeg Dolny with 25,000 metric tons of polyester polyol and 15,000 metric tons of polyurethane systems capacity, enhancing Stepan's reach in Central and Eastern Europe.
30 June 2010
Neste Oil Sells Sines Plant to Repsol
The sale of the Sines ETBE plant will slightly boost Neste Oil's Q2 results. The plant, with a 50,000-tonne capacity, was converted to ETBE production in 2005.
8 March 2010
Total to Repurpose Dunkirk Refinery
The Dunkirk refinery will shut down due to declining demand. The site will host new activities, including logistics, training, and biofuel projects, ensuring no layoffs and job guarantees for all employees.
1 January 2010
Borealis in Burghausen: From Hydropower to High-Tech Hub
Bavaria's hydropower origins evolved into a modern industrial hub, boosting polyolefin production from 1989 to 2006, with significant capacity expansions and technological advancements.
1 November 2009
CEA BtL Project in Bure-Saudron
A BtL pilot plant in Bure-Saudron will convert 75,000 tonnes of forestry and agricultural residues into 23,000 tonnes/year of biofuel using advanced gasification and synthesis technologies.
1 September 2009
LUKOIL Acquires 45% Stake in Zeeland Refinery
The $600M deal allows LUKOIL to replace Dow Chemical as Total’s partner, enhancing its position in North Western Europe with access to advanced refining capabilities and strategic infrastructure.
5 March 2009
BASF and Dow Complete Start-Up of HPPO Plant in Antwerp
The world's largest HPPO plant is now operational, offering significant economic and environmental benefits, including reduced wastewater, lower energy usage, and simplified raw material integration.
8 February 2007
France: Air Liquide and Total Launch CO2 Capture Project
The project involves using oxycombustion to capture and store CO2 in a former gas pool. Up to 150,000 tonnes will be injected over two years, starting November 2008. Air Liquide is also active in similar projects globally.
12 July 2006
Seal Sands Chemicals Licenses Biocompatibles' Polymer Technology
The agreement grants patent rights, process technology, and trademarks for PC Technology™, enhancing manufacturing and market control, especially in eye care. Expansion into new markets is planned.
3 May 2006
Akzo Nobel Expands Coatings Operations in Spain
The company sold its Sant Adriá de Besós site to Urbis and will build a new facility near Barcelona, aiming to enhance efficiency and market presence in Spain's decorative coatings sector.
5 April 2006
CEPSA and Bio Oils to Build Biodiesel Plant in Huelva, Spain
The €40M plant will produce 200,000 tons of biodiesel annually, creating 35 jobs. It aims to reduce Spain's energy reliance and support renewable energy targets, operational by late 2007.
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