CHEMICAL UPDATE

 

MAY 2015

 

McIlvaine Company

 

AMERICAS

Evonik Starts Basic Engineering Work for New Precipitated Silica Production Plant in US

PeroxyChem Breaks Ground On Hydrogen Peroxide Purification Plant in NY

Borealis and Agrifos to Set Up Ammonia Plant in Texas

Chevron Phillips Chemical Breaks Ground on Polyethlene Plant in Bartlesville, OK

ASIA

AkzoNobel to Build €30 million Performance Coatings Facility in Thailand

Jacobs Awarded EPCM Contract by Huntsman for Singapore Polyetheramine Expansion

EMEA

Selena Gets EBRD Loan to Expand Construction Chemical Business in Kazakhstan

Mexichem’s VESTOLIT Subsidiary to Increase Specialty PVC Capacity in German Plant

Sasol Performance Chemicals Expands Catalyst Carrier Production Capacity

Hexcel Launches Site for New Carbon Fiber Plant in France; Announces Capacity Expansions at Weaving and Prepreg Facilities

Evonik Doubles Methacrylic Anhydride Capacity in Germany

Nippon Shokubai Plans Belgium Investment for Superabsorbent Polymer

Jacobs Awarded Four-Year EPCM Contract by Sadara

MERGERS/ ACQUISITIONS/ JV

Valspar to Buy Performance Coatings Businesses of Quest Specialty Chemicals

Ashland to Sell Industrial Biocides Assets to Troy

DSM Dyneema Acquires Performance-Materials Company Cubic Tech

Solvay and Enirgi Chemicals Join Forces to Market SOLVAir Solutions for Emissions Treatment in North America

Solvay Completes Divestment of Refrigerant Activities in Germany to Daikin

Cargill Acquires Boulder-Based OPX Biotechnologies' Technology

Albemarle Unit Acquires Aluminum Finishing Chemical Business in Germany

 

AMERICAS

Evonik Starts Basic Engineering Work for New Precipitated Silica Production Plant in US

Evonik Industries has commenced basic engineering for a new precipitated silica production plant in the South East of the US. It will produce precipitated silica for the rubber and tire industry.

 

The project, which is subject to the approval of the relevant bodies, is expected to be completed in late 2017. It will provide products from local production for the North American market.

 

The company said the demand for highly dispersible silica is increasing due to North American economic dynamics, and an above-average sales growth for tires with less rolling resistance.

 

Evonik Industries management member of the resource efficiency segment Johannes Ohmer said: "We are going to continue expanding our precipitated silica capacities, a global programme that we started five years ago. The resource efficiency megatrend fuels the demand for our products.

 

"Interest in energy-saving tires is continuously growing in North America. That's why we are planning to build the plant close to our customers, the large tire manufacturers."

 

In addition to precipitated silica, Evonik also produces AEROSIL fumed silica and matting agents, based on silica under the ACEMATT brand name.

 

The company's worldwide annual capacity for precipitated and fumed silica as well as matting agents is around 550,000 tonnes.

PeroxyChem Breaks Ground On Hydrogen Peroxide Purification Plant in NY

PeroxyChem held a groundbreaking ceremony to commemorate its new hydrogen peroxide purification facility in Saratoga Springs, N.Y.

 

A number of local and state officials offered remarks at the event, including legislative aide to New York State Senator Kathleen Marchione, LoAnn Sanders, deputy mayor Joseph Ogden, president of the Saratoga Economic Development Counsel, Dennis Brobston and senior vice president of GLOBALFOUNDRIES, Dr. Thomas Caulfield.

 

"As an organization we are focusing our resources on innovations in research and development (R&D), operations, new products, applications and processes,” said Bruce Lerner, president and CEO, PeroxyChem. “This new facility is a direct result of that pledge and underscores our capabilities as a leading global manufacturer of peroxygens and adjacent technologies. Customer and partner collaboration in the northeast region is an important enabler of our continued growth in the electronics industry, allowing us to better serve GLOBALFOUNDRIES and other customers in the region.”

 

The new facility will support the GLOBALFOUNDRIES Fab 8 facility by supplying growing demand for ultra-high purity hydrogen peroxide used in semiconductor manufacturing.

 

The Saratoga Springs facility is an important part of the company’s overall vision as PeroxyChem expands capabilities in the electronics market and is expected to be operational in 2016.

PeroxyChem is a global leader in peroxygen and adjacent chemistries. The company employs approximately 600 people throughout the world, with facilities in North America, Europe and Asia.

Borealis and Agrifos to Set Up Ammonia Plant in Texas

The brownfield, hydrogen-based project is scheduled for mechanical completion and start-up in early 2019

Borealis - the Austria-based manufacturer of polyolefins, base chemicals and fertilisers - and Agrifos Partners LLC, a project development company, have reached a preliminary agreement to jointly develop a world-scale ammonia project through Gulf Coast Ammonia LLC (GCA). The plant will be located within an existing chemical site along the Texas Gulf Coast. GCA is in final negotiations with a short list of strategic site owners and expects to make a final site selection within the coming few months.

 

The brownfield, hydrogen-based project is scheduled for mechanical completion and start-up in early 2019. The site will benefit from existing infrastructure and excellent logistics capabilities which will allow product supply to a variety of long-term off-takers and customers.

 

The final agreement with Borealis, which would be subject to its Supervisory Board approval, contemplates significant equity participation by Borealis in the project. Borealis would also enter into a long-term offtake agreement for approximately 40% of the ammonia produced by the plant.

 

Markku Korvenranta, executive vice president base chemicals, Borealis, said, "We have a clear strategy of expanding our global nitrogen business. By participating in the development of, construction of and offtake from a world-scale project in the US, Borealis is able to secure long-term supplies of ammonia based on the attractive economics of US natural gas. It also is a key step in the Borealis goal to sell 10 million tonnes of nitrogen-based fertiliser products per year by 2020. Gulf Coast Ammonia's project is all the more compelling because it builds on existing site capabilities and assets along the US Gulf Coast."

 

GCA is a company formed by Agrifos Partners LLC to develop a world-scale ammonia plant along the Texas Gulf Coast. The project will utilise hydrogen and nitrogen feedstock, with pricing linked to US natural gas indexes. Agrifos has extensive experience in acquiring, developing and operating fertilizer production assets. The company expects to make further announcements in the near future concerning additional product offtake commitments, feedstock supply arrangements, permitting and construction contracts.   

Chevron Phillips Chemical Breaks Ground on Polyethlene Plant in Bartlesville, OK

Chevron Phillips Chemical Co. began breaking ground Tuesday on a polyethylene pilot plant to be constructed at the company’s research and development facility in the western area of the city.

 

A premier testing site for polyethylene research, the plant is being built in Bartlesville on a campus that has been a hub of research and development for decades. Company officials did not disclose how large the plant will be or how much it will cost to construct. The pilot facility is expected to open in 2017.

 

“This plant is designed to provide continual technical advances that will find their way into the marketplace in years to come,” Chevron Phillips Chemical spokeswoman Melanie Taplett said.

 

Key to the operations in the new facility will be Chevron Phillips’ proprietary MarTECH loop slurry process production and MarTECH ADL (advanced dual loop) technology, a proprietary dual loop process enabling production of bimodal polyethylene resins for advanced applications.

 

The plain English translation is that the work at the plant will allow Chevron Phillips to “continuously improve products, processes and technologies that enhance the petrochemicals and plastics that are essential to our quality of life,” according to Taplett.

 

Bartlesville is the only location where Chevron Phillips Chemical is building this type of plant, at least for now. This corner of northeast Oklahoma proved to be a logical location for the operation.

 

“Originally built in 1950 by Phillips Petroleum Co., our Bartlesville location has a long history of research and technology in the petrochemical and plastics industry,” Taplett said. “We have a strong core of scientists, researchers and engineers focused on innovation and invention.”

 

Zeton, Inc., a Canadian-based corporation with expertise in pilot projects, will provide engineering and construction services on the new plant. Zachry Industrial Inc. will handle the on-site construction, including installing production modules, Taplett said.

 

The plant will be operated by existing personnel in Bartlesville, though about 60 new jobs will be created during construction, she said.

 

ASIA

AkzoNobel to Build €30 million Performance Coatings Facility in Thailand

AkzoNobel has announced plans to invest more than €30 million in a manufacturing facility in Thailand to support regional growth of its Performance Coatings business.

 

The project, which is being supported by the Thailand Board of Investment, involves constructing a 120,000m2 site within the Hemaraj Eastern Seaboard Industrial Estate in Chonburi. Earmarked for an initial capacity of 45,000 tons per year, production is due to start in the third quarter of 2016. 

 

The new plant will support several Performance Coatings businesses, including Metal Coatings, Protective Coatings, Specialty Coatings and Marine Coatings, as well certain products from the company`s Decorative Paints business.

 

"By investing in this new facility we are supporting our continued growth within Thailand, as well as making progress with our regional business expansion strategy," explained AB Ghosh, Managing Director of AkzoNobel`s Metal Coatings business. "A number of existing operations will be consolidated into the new site, allowing us to achieve world class operational standards."

Jacobs Awarded EPCM Contract by Huntsman for Singapore Polyetheramine Expansion

Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) has been awarded an engineering, procurement and construction management (EPCM) contract for an expansion program at Huntsman Corp.’s world-scale polyetheramine facility in Singapore. Company officials did not disclose the contract value. The Jurong Island facility expansion is expected to enable backward integration to produce polyethers from locally sourced feedstocks.

 

Huntsman expects demand for polyetheramines to grow significantly over the next decade, particularly in the Asia Pacific market. Polyetheramines are used as ingredients to improve the properties of many products, including paint, adhesives and composites.

 

Jacobs is responsible for the detailed engineering and design, procurement of major equipment and management of construction services. Construction is expected to begin by mid-2015 and be completed in the second half of 2016.

 

Upon making the announcement, Jacobs Group vice president Kevin McMahon said, “Jacobs has a history of delivering successful projects for Huntsman in Singapore, and we are delighted to continue working with them on this project. We look forward to leveraging our globally recognized EPCM experience to oversee this important expansion.”

EMEA

Selena Gets EBRD Loan to Expand Construction Chemical Business in Kazakhstan

Polish producer of construction chemicals Selena has secured a €10m loan from the European Bank for Reconstruction and Development (EBRD) to support the company's further expansion in Kazakhstan.

 

Selena manufactures construction chemical products for professional contractors and DIY users.

 

In Kazakhstan the company already has a subsidiary, which will benefit from a €7m loan.

 

The proceeds of this portion of the EBRD loan will re-finance the acquisition of a local production company and the construction of a production plant. The remaining €3m will be provided as working capital to the parent company.

 

"The EBRD loan will contribute to making Kazakhstan more energy efficient, with the help of locally produced construction materials."

 

The company is investing in Kazakhstan to build upon its manufacturing capacity and expand its product offering in the strategically important product group of insulation systems.

 

Currently, Selena is present on four continents and has eight factories in Poland and seven abroad, with more than 70% of sales coming from international markets.

 

According to EBRD, the expansion to fast-growing Asian markets has allowed the company to lessen its dependence on European markets, including the Polish home market, which has been relatively stagnant in recent years.

 

Selena Group CEO Jaroslaw Michniuk said: "Kazakhstan is one of the key markets for Selena, and expanding the product group of insulation systems is the direction we decided to take in our strategy for 2016.

 

"We are operating in a highly unstable economic environment, so it is crucial to have various tools at our disposal to both boost our presence in the market of Kazakhstan, and improve the way we take on the foreign exchange challenges that come with being a multinational company."

 

Mexichem’s VESTOLIT Subsidiary to Increase Specialty PVC Capacity in German Plant

VESTOLIT, a 100% subsidiary of Mexichem (BMV:MEXCHEM) acquired in 2014, announced recently that it is moving forward to expand its position as a leading producer of specialty Paste PVC.

 

VESTOLIT will build a new production line with an annual capacity of 40,000 metric tons of Paste (Emulsion) PVC. The line will combine the established leading polymerization technology with a newly developed, energy efficient, drying technology. Furthermore, the facility in Marl, Germany, will become the largest single site for Emulsion PVC; it is already European's largest fully back integrated PVC site.

 

“We are pleased to support the continued growth and development of Vestolit, as part of our global strategy to expand our asset base and increase our focus on specialty products,” said Carlos Manrique, President of Mexichem Chlor-Vinyl. “This new production line reinforces Vestolit’s reputation as a provider of efficient technological solutions to an expanding customer base.”

 

"By utilizing our cutting edge technology, we will strengthen our market position in ultra-low viscous PVC and better serve our customers’ needs. At the same time, we will be building on our technology platform, which can effectively be replicated at other Mexichem sites around the world," added Dr. Michael Träger, CEO of VESTOLIT.

 

VESTOLIT is Europe’s only manufacturer of High Impact Suspension PVC (HIS-PVC) for weather-resistant windows and is Europe’s second-largest producer of Paste PVC for floors and wallpapers, among others. VESTOLIT also produces Chlor-alkali and its derivates used for a variety of chemical and industrial applications and is vertically integrated in a single site from salt through Specialty PVC. Vestolit is consolidated under Mexichem’s Chlorine-Vinyl Chain.

 

Mexichem is a worldwide leader in plastic pipes, and one of the largest chemical and petrochemical companies, with more than 50 years of experience in LatAm.

Sasol Performance Chemicals Expands Catalyst Carrier Production Capacity

Sasol recently announced that it has expanded the production capacity of its alumina spheres plant in Brunsbüttel, Germany to 4,000 tonnes per annum. Through the company's Performance Chemicals Inorganics & Catalyst division, a leading global producer of inorganic specialities, it produces high purity and ultra-high purity alumina that is used in a range of catalytic and non-catalytic applications.

 

The expansion marks another step in the company strengthening its position in the alumina market to meet growing market demand for alumina-based shaped carrier materials for industrial catalytic and non-catalytic applications. Due to physical and chemical properties, the shaped carriers produced by Sasol's Performance Chemicals Inorganics & Catalyst division are sought-after in fast-growing markets, such as the refinery catalyst market.

 

Sasol can meet its customers' increasing demands due to its ability to control the physical and chemical properties of its products. This includes tailoring the porosity of its spheres and producing spheres doped with various elements at the request of the customer. A key strength is that it can tailor make near-perfect spherical alumina spheres with a narrow size distribution and low attrition that serves as effective carriers for various industrial applications.

 

Sasol's Performance Chemicals division has a wide range of shaped carrier materials for catalytic and non-catalytic applications covering a range of products from extrudates and tablets to zeolite-doped and customised metal-doped spheres. The company is well placed to add value to its customers globally as its products have unique properties derived from Sasol's proprietary production process and the high-purity alumina raw materials used in production. 

Hexcel Launches Site for New Carbon Fiber Plant in France; Announces Capacity Expansions at Weaving and Prepreg Facilities

Hexcel welcomed guests to the site in Roussillon, France where it will invest $250 million in the construction of a carbon fiber plant. Hexcel presented plans for the new facility to local dignitaries, customers, media representatives and Hexcel employees.

 

Hexcel’s new carbon fiber facility will occupy a 37-acre site at the Osiris Chemicals Industry Platform in Roussillon and will be comprised of both polymerization and carbonization lines. The plant is part of Hexcel’s ongoing worldwide investment to create a diversified and robust supply chain to support aerospace customers’ growing demand for carbon fiber composites.

 

Nick Stanage, Hexcel Chairman, CEO and President, presided over the event with the support of André Vallini, French Secretary of State for Territorial Reform and Didier Evrard, Airbus EVP and Head of Programs. Mr. Stanage said, “Together with our capacity expansions in the U.S., this new facility in France will strengthen our global supply chain by adding precursor and additional carbon fiber capacity in Europe.”

 

Carbon fiber from the new plant will be supplied to Hexcel customers including Airbus for the A350 XWB and Safran for the CFM LEAP engine.

 

Construction of the new plant will begin by September 2015 and is expected to employ 120 people when fully operational in early 2018. Today Hexcel employs close to 1000 people in France.

 

The Roussillon facility is located close to Hexcel’s weaving and prepreg manufacturing facilities near Lyon. Mr. Stanage announced further investments totaling $22 million at these existing facilities to include capacity expansions at Hexcel’s carbon fiber weaving plant at Les Avenières, and an additional resin impregnation line in Dagneux, Montluel. These additional investments are expected to create 100 more jobs by 2018.

 

Didier Evrard, Airbus EVP and Head of Programs commented: “We are delighted by Hexcel's decision to build this new carbon fiber plant in Europe. This significant investment will further secure the A350 XWB production ramp-up and demonstrates the high level of Hexcel’s commitment to the success of the A350 XWB program."

 

Hexcel Corporation is a leading advanced composites company. It develops, manufactures and markets lightweight, high-performance structural materials, including carbon fibers, reinforcements, prepregs, honeycomb, matrix systems, adhesives and composite structures, used in commercial aerospace, space and defense and industrial applications such as wind turbine blades.

Evonik Doubles Methacrylic Anhydride Capacity in Germany

Evonik Industries AG (Essen, Germany; www.evonik.com) has doubled its production capacities for Visiomer MAAH (methacrylic anhydride) at its site in Worms, Germany.

 

Visiomer MAAH is an important building block in the production of specialty methacrylates, which are used in concrete additives, paints and colorants, electronics applications, and plastics.

 

In addition to MAAH, Evonik Industries produces and markets a wide range of specialty methacrylates as well as MMA, GMAA, n-BMA, i-BMA, and hydroxy methacrylates under the Visiomer brand.

Nippon Shokubai Plans Belgium Investment for Superabsorbent Polymer

Nippon Shokubai (Osaka, Japan; www.shokubai.co.jp) will build a superabsorbent polymer (SAP) plant capable of making 100,000 metric tons of the material per year at its European site in Antwerp, Belgium. Additionally, a second plant, capable of making 100,000 tons of acrylic acid, a SAP feedstock, will also be constructed at Antwerp. The company recently approved this plan. The expansion will serve demand in Central and Eastern Europe.

 

After the SAP expansion at NSE’s existing plant site, NSE’s total SAP capacity will be 160,000 m.t./yr.

 

Mechanical completion of the SAP/AA project, which is being built at an existing NSE site, is scheduled for October 2017, with commercial operations commencing in May 2018. The total investment in the projects is approximately €350 million.

 

According to the company, SAP, one of its core businesses, has shown steady growth thanks to the disposable diaper market. Nippon Shokubai is also underway with a 50,000-ton-per-year investment in Himeji, Japan.

Jacobs Awarded Four-Year EPCM Contract by Sadara

Jacobs Engineering Group Inc. (Pasadena, Calif.; www.jacobs.com) announced that it was awarded a four-year contract by Sadara Chemical Company (Sadara) for engineering, procurement and construction management (EPCM) services. The contract value was not disclosed.

 

Sadara is currently building the world’s largest chemical complex to ever be constructed in a single phase, with 26 world-scale manufacturing plants, in Jubail Industrial City II, Saudi Arabia.

 

In making the announcement, Jacobs Group vice president Bassim Shebaro stated, “We are proud to deepen our relationship with Sadara, which began in 2011. Since then, we have developed a strategic business relationship built on value, trust, partnership and commitment.”

 

Established in October 2011, Sadara is a joint venture developed by Saudi Arabian Oil Company (Saudi Aramco) and The Dow Chemical Company (Dow). With a total investment of about $20 billion, Sadara is building a world-scale integrated chemical complex with 26 manufacturing plants and over three million metric tons per year (m.t./yr) of capacity. Sadara’s differentiated product portfolio, employing cutting-edge technologies, will add downstream value chains to expand and transform the Kingdom of Saudi Arabia’s existing chemicals landscape. Sadara will introduce many new products to Saudi Arabia, including the first isocyanate and polyol (polyurethane) plants, enabling many industries that either do not currently exist in the Kingdom or only exist through imports of raw materials.

MERGERS/ ACQUISITIONS/ JV

Valspar to Buy Performance Coatings Businesses of Quest Specialty Chemicals

Automotive coatings manufacturer, Valspar has signed an agreement to acquire Quest Specialty Chemicals' performance coatings businesses for an undisclosed sum.

 

The business includes automotive refinish and industrial coatings.

 

Under the terms of the definitive agreement, Valspar will purchase an automotive refinish business including smaller industrial products business from Quest. In 2014, the business reported sales of approximately $190m.

 

The acquisition is expected to increase Valspar's presence in automotive refinish, in addition to complementing its existing business.

 

Quest Automotive Products deals in formulating, manufacturing, and distributing advanced technology paints, coatings systems, and accessories to refinishers, primarily in North America and Europe.

 

"Our customers will benefit from expanded distribution of a portfolio of preferred brands they know and trust, a broader range of high-performance products and a stronger service network."

 

The company provides aerosol spray products and coatings for industrial applications, primarily in North America, under the Patriot, Raabe and Precision Color brands.

 

Valspar chairman and CEO Gary Hendrickson said: "The acquisition strengthens Valspar's value proposition in automotive refinish.

 

"Our customers will benefit from expanded distribution of a portfolio of preferred brands they know and trust, a broader range of high-performance products and a stronger service network."

 

Planned to be closed in Valspar's third fiscal quarter, the transaction is subject to customary closing conditions.

 

Valspar provides a range of coating products for the consumer market, and highly-engineered solutions for the construction, industrial, packaging and transportation markets.

Ashland to Sell Industrial Biocides Assets to Troy

Ashland says that it has signed a definitive agreement to sell the industrial biocides assets within the company’s specialty ingredients business segment, to Troy Corp. (Florham Park, NJ), a global leader in microbial control products and performance additives. Financial terms of the agreement have not been disclosed.

 

Industrial biocides—which help control and prevent the growth of bacteria, mold and other microorganisms in a wide range of coatings, construction materials and energy products—accounted for about 2% of specialty ingredients' sales for the 12 months ended 31 March 2015, Ashland says. The company did not disclose the sales figure for the business segment during that 12-month period. In the company's fiscal year ended 30 September 2014, the specialty ingredients business segment generated sales of about $2.5 billion.

 

Specialty Ingredients' lineup of preservatives products, which is focused on consumer markets, is excluded from the agreement with Troy and Ashland is committed to retaining and growing that strategic business, the company says.

 

Industrial biocides is a non-core product line and the divestment is expected to close within 60 days, subject to standard closing conditions and completion of required employee information and consultation processes, Ashland says.

 

“This divestiture reflects our continued focus on driving growth within the higher-margin core businesses where we offer greater value to our customers,” says Luis Fernandez-Moreno, Ashland senior V.P. and president of Ashland's chemicals group. “As a smaller player within the industrial biocides market, Ashland has lacked the critical mass needed to be successful. Troy is better positioned to capitalize on growth opportunities within this segment and we are committed to working with them to ensure a seamless transition for our industrial biocides employees and customers,” Fernandez-Moreno says.

 

Troy, which was founded in 1950, develops and manufactures specialty materials that enhance the properties and performance of its customers' products and processes, and helps manufacturers meet global requirements for compliance and sustainability, Ashland says. Troy has sales offices throughout the United States, Canada, Europe, Asia, and Latin America.

 

“With the addition of Ashland's industrial biocides business, Troy's portfolio of preservatives will be enhanced, delivering even more value, performance, and sustainability to the marketplaces served,” says W. Brian Smith, V.P. at Troy.

 

Ashland has recently divested several non-core assets. Earlier this year, Ashland agreed to sell its Valvoline car-care assets, including manufacturing and distribution facilities at Hernando, MI, to Niteo Products, a newly formed affiliate of Highlander Partners (Dallas), a private investment firm.  Late last year, Lion Copolymer (Geismar, LA) acquired Ashland's styrene-butadiene rubber elastomers business, for an undisclosed amount. In 2014, Ashland and Clariant sold their foundry chemicals joint venture, ASK Chemicals (Hilden, Germany), to investment funds affiliated with Rhône, a London- and New York–based private equity investment firm. In August 2014, Ashland completed the divestment of its water technologies business, a supplier of water treatment and pulp and paper process chemicals, to private equity firm Clayton, Dubilier & Rice (CD&R; New York) for $1.8 billion. With these divestments, Ashland aims to focus on the company's core specialty chemicals business.

DSM Dyneema Acquires Performance-Materials Company Cubic Tech

Royal DSM (Heerlen, the Netherlands; www.dsm.com)’s DSM Dyneema brand has finalized the acquisition of Cubic Tech Corp. This privately owned company, based in Mesa, Ariz., has specialized for more than 23 years in the custom design, development and production of innovative high performance ultra-lightweight flexible laminates and fabrics — most of them based on Dyneema –brand ultra-high-molecular-weight polyethylene (UHMwPE). Cubic Tech is focused on high-end solutions in applications as diverse as racing yacht sails, equipment and apparel for sportswear, outdoor and future soldier programs, as well as emergency medical equipment. Terms of the acquisition will not be disclosed.

 

The acquisition of Cubic Tech reinforces the position of Dyneema as one of the leading brands of ultra-high-performance materials. It broadens DSM Dyneema’s product portfolio, provides it with downstream knowledge complementary to its own in the processing of UHMwPE fiber, tape and production of uni-directional (UD) fabrics, and enhances the company’s innovation pipeline. The acquisition of Cubic Tech accelerates DSM Dyneema’s entry into the performance apparel markets and will add important new revenue streams and developments in existing markets as well as creating access to several new applications.

 

Adding Cubic Tech to its portfolio also strengthens DSM Dyneema’s commitment to be a leader in offering sustainable solutions, enabling the replacement of traditional materials with new and innovative products that are lighter, stronger, more durable, and which have reduced environmental impact.

 

“The acquisition of Cubic Tech is an important part of our strategy to create, and bring to market, products and services that improve the quality of life while enabling our customers to operate their businesses more successfully,” says Gerard de Reuver, CEO of DSM Dyneema.

 

“Cubic Tech’s philosophy is very akin to our own, with a fundamental belief in extremely lightweight and strong constructions,” Jeff Turner, VP Strategy of DSM Dyneema, added.

 

Cubic Tech will be fully integrated into DSM Dyneema and all employees of Cubic Tech are being invited to stay on after the acquisition.

Solvay and Enirgi Chemicals Join Forces to Market SOLVAir Solutions for Emissions Treatment in North America

Solvay and Enirgi Chemicals have created a 50-50 joint venture to speed up the development and offering of sodium bicarbonate based products and solutions to reduce airborne emissions from industries in North America.

 

The new entity, SOLVAir Natural Solutions, was formed in response to growing demand for air pollution control applications, including flue gas treatments. Demand growth is driven by tightening North American regulations and consent decrees requiring coal-fired power plants and other industries to improve the air quality and limit acid gas emissions, such as sulfur dioxide and trioxide (SOx) and hydrochloric acid (HCl).

 

The joint venture will source sodium bicarbonate from Enirgi Chemicals and leverage Solvay know-how to further develop the market. SOLVAir Natural Solutions will enhance the security of supply of cost-efficient products and solutions, as well as high-quality services, exclusively for flue gas treatments in the United States, Canada and Mexico.

 

Solvay’s Soda Ash & Derivatives Global Business Unit (GBU) is well-established in designing and implementing customized and cost-efficient flue gas solutions. More than 450 industrial sites worldwide use its SOLVAir® treatment to reduce emissions below regulated levels. “This joint venture offers both the technological expertise and capacity to improve the air quality at limited investments for our customers. It fits with Solvay’s bicarbonate growth ambition in bringing innovative and sustainable solutions and products to the market,” said Christophe Clemente, President of Solvay’s Soda Ash & Derivatives GBU.

 

Enirgi Chemicals, through its Natural Soda operations, owns and operates the world’s largest known deposit of naturally occurring sodium bicarbonate and uses an environmentally friendly, low emission extraction technology. “This agreement represents a natural step in the expansion of our soda business and our goal of becoming a major supplier of soda derivatives to the market,” said Ms. Sara Schaeffner, President and CEO of Natural Soda, and Vice President, Global Sales and Marketing for Enirgi.

 

Solvay Soda Ash & Derivatives is a world leader in its sector, producing soda ash serving the glass, detergent and chemical markets and developing solutions based on sodium bicarbonate and trona serving the healthcare, food, animal feed, and flue gas cleaning markets. SA&D has 11 industrial sites worldwide, more than 3,700 employees and serves 90 countries.

 

As an international chemical group, Solvay assists industries in finding and implementing ever more responsible and value-creating solutions. Solvay generates 90% of its net sales in activities where it is among the world's top three players. It serves many markets, varying from energy and the environment to automotive and aerospace or electricity and electronics, with one goal: to raise the performance of its clients and improve society's quality of life. The group is headquartered in Brussels, employs about 26,000 people in 52 countries and generated 10.2 billion euros in net sales in 2014. Solvay SA SOLB.BE) is listed on Euronext in Brussels and Paris (Bloomberg: SOLB.BB - Reuters: SOLB.BR).  Follow us on twitter @SolvayGroup

 

Enirgi Chemicals is a division of Enirgi Group Corporation, a global, diversified industrial and chemicals company that owns and operates a portfolio of world-class assets and operations located around the world.  Part of Enirgi Chemicals, Natural Soda owns the world’s largest known deposit of naturally occurring sodium bicarbonate and is one of the largest producers in North America for the food and beverage, agriculture, industrial, pharmaceutical and specialty markets. Located in northwestern Colorado, Natural Soda currently produces nine grades of sodium bicarbonate using low cost, environmentally responsible solution mining technology to ensure the protection of the environment while adhering to stringent health and safety practices that also ensure the well-being of our workforce. Natural Soda exports product to nearly 20 countries across six continents and, with the commissioning of its next expansion in 2016, will become the world’s largest stand-alone sodium bicarbonate production operation and a major supplier of soda derivatives to global markets.

Solvay Completes Divestment of Refrigerant Activities in Germany to Daikin

Solvay has completed the sale of its German-based refrigerant activities and pharma propellants to Daikin, as its Special Chem Global Business Unit (GBU) is refocusing its activities on selective high value-added segments in the growing automotive and electronics markets.

 

The divestment entails all of Special Chem’s businesses on its site in Frankfurt and the transfer of about 75 employees to Daikin.

 

Special Chem is the newly created GBU which groups Solvay’s GBUs Special Chemicals, Rare Earth Systems as well as the Fluorine Business of the Aroma Performance GBU.  This combination enhances the GBU's innovation power and its position in fluor specialties, high purity electronic chemicals and auto-catalysts.

 

Special Chem is headquartered in Seoul, South Korea, with € 850 million in sales and 3,100 employees worldwide.

Cargill Acquires Boulder-Based OPX Biotechnologies' Technology

Cargill has acquired Boulder-based OPX Biotechnologies' proprietary fermentation-based processes and systems, the company announced Wednesday.

 

These are used to produce bio-based chemicals from sugars for use in non-food applications such as lubricants, detergents, plastics, agrichemicals and personal care products. Terms of the deal were not disclosed.

 

"Our customers that make products in any of these categories will benefit from this technology acquisition because it will enable us to produce more and better solutions for them than they can get from any other company," said Cargill Corn Milling vice president Brian Silvey in a press release. "It will also make bio-based products with extensive functionality more readily available than ingredients produced using petroleum-based or tropical oils."

 

Minnesota-based Cargill is already a large supplier of carbohydrates and other biotech offerings. This acquisition further expands its presence in commercial fermentation products outside of food and feed.

 

OPXBIO will support the transition to Cargill over the coming months.

 

"This sale of OPXBIO's technology to Cargill demonstrates the great progress OPXBIO has made towards product commercialization," said Mike Rosenberg, CEO of OPXBIO. "Cargill has all the right capabilities and experience to deliver products produced from OPXBIO's technology to customers."

Albemarle Unit Acquires Aluminum Finishing Chemical Business in Germany 

Chemetall, a unit of specialy chemicals maker Albemarle Corp. in Baton Rouge, has acquired the aluminum finish business of Chemal GmbH & Co. KG, based in Hamm, Germany.

 

Chemal GmbH specializes in research and development of surface finishing chemicals for aluminum and its alloys. Chemetall said the acquisition will bolster its portfolio in the aluminum finishing industry.

 

“Consisting of advanced pretreatment and anodizing technologies, Chemetall is one of the few players globally positioned with a comprehensive product range for the aluminium finishing industry,” said Joris Merckx, president of Chemetall. “This transaction will expand our expertise in this market and, combined with strong technical services offered by our wholly-owned subsidiaries around the world, will enable us to further expand our presence in a key market.”

 

“Our customers expect us to deliver a full portfolio of solutions to meet upcoming environmental legislation and achieve process cost savings,” said Martin Ings, global segment manager, aluminium finishing.

 

McIlvaine Company

Northfield, IL 60093-2743

Tel:  847-784-0012; Fax:  847-784-0061

E-mail:  editor@mcilvainecompany.com

Website:  www.mcilvainecompany.com