PPG Industries, a coatings and specialty products company, has signed definitive agreements to split its commodity chemicals business and merge it with Georgia Gulf, an integrated North American manufacturer of chlorovinyls and aromatics and producer of vinyl-based building and home improvement products.
Afton Chemical, a developer and manufacturer of petroleum additives, has planned a multi-year investment to construct a new chemical additive manufacturing plant in Jurong Island, Singapore. This initiative signifies the company’s commitment towards expansion in the Asia-Pacific market. Groundbreaking ceremony for the Jurong Island facility is scheduled in the 3Q of 2013 and the operation is expected to commence by mid-2015. The company selected the location after a thorough analysis, which focused mainly on facility readiness, safety, flexibility, economics, logistics and market access.
An Austin, Texas based private investment company, Owner Resource Group (ORG), has completed the acquisition of KMCO, a custom chemical processing and specialty chemicals manufacturing company. The acquisition includes KMCO and its affiliates, DOT Chemical and KMTEX.
Valtech, a worldwide manufacturer of specialty chemicals and high-performance products, has declared that it is establishing two additional global sites for manufacturing and distribution.
BASF has announced that it is planning the expansion of the vinylformamide (VFA) manufacturing facility in Ludwigshafen. The company has planned to increase the capacity of the polymerization process in Ludwigshafen and also intends to construct a new VFA polymerization line in China in order to carry out additional feedstock processing from Ludwigshafen.
BASF, a chemical company, announced that it has planned to construct a butadiene extraction plant in Antwerp, Belgium. The plant will located at the company’s Verbund site and will have a production capacity of 155,000 metric tons per year.
According to the new research report released by Reportlinker.com, the worldwide demand for fluorine-containing chemicals is expected to increase 3.9% annually and reach 3.5 million metric tons in 2016.
Quaker Chemical, a global provider of process chemicals, chemical specialties and services to a wide range of industries, has acquired NP Coil Dexter Industries, Gorgonzola, an Italy-based manufacturer of metal surface treatment chemicals.
Arkema announced that it has decided to divest its Vinyl Products business to the Klesch group, as per the announcement made during November 2011. Arkema will continue to concentrate on its specialty chemical business.
BASF and Oleon have celebrated the opening of a first-its-kind bio propylene glycol production plant in Ertvelde, Belgium.
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