Chemical Engineering December 2020 - 10

Mergers & Acquisitions
Grasim to divest its fertilizers
business to Indorama
November 12, 2020 - Grasim Industries
plans to divest its fertilizer business,
IndoGulf Fertilizers (IGF) to Indorama India
Pvt. Ltd. IGF handles the manufacture,
trading and sale of urea, customized
and specialty fertilizers, agricultural
inputs and crop-protection, plant and
soil-health products.
Neste to acquire Bunge
refinery site in Rotterdam
November 9, 2020 - Neste Corp.
(Espoo, Finland; www.neste.com)
will acquire Bunge Loders Croklaan's
refinery, located in Rotterdam, the
Netherlands, for €258 million. The
acquired plant is located next to
Neste's existing biorefinery. The site
has a pipeline connection to Neste's
site. The transition will be implemented
in phases, with the refinery plant's full
pretreatment capacity available for
processing Neste's feedstock by the
end of 2024.
Baker Hughes to acquire
carbon-capture specialist 3C
November 9, 2020 - Baker Hughes
Co. (Houston; www.bakerhughes.com)
announced that it is acquiring Compact
Carbon Capture (3C), a technologydevelopment
company specializing in
carbon capture solutions. 3C's technology
differs from traditional solvent-based
carbon-capture solutions by using
rotating beds instead of static columns.
Showa Denko establishes
high-purity gases JV in China
November 9, 2020 - Showa Denko
K.K. (SDK; Tokyo, Japan; www.sdk.
co.jp) and Chengdu Kemeite Special
Gas Co. have established a new joint
venture (JV) in Chengdu, China, focused
on manufacturing high-purity gases for
electronics, such as tetrafluoromethane
(CF4). The new company will start its
operation in January 2021.
Siemens and Linde partner to
accelerate decarbonization efforts
November 6, 2020 - Siemens Energy
(Munich, Germany; www.siemensenergy.com)
and Linde Engineering
(Pullach, Germany; www.linde.com)
entered into a strategic partnership
to enhance the sustainability and
performance of petrochemical facilities.
The companies will jointly explore how
to facilitate decarbonization through
emissions reductions and increases
in energy efficiency.
Huntsman to divest adhesives
business in India
October 29, 2020 - Huntsman Corp.
(The Woodlands, Tex.; www.huntsman.
com) agreed to sell its India-based
consumer adhesives business, part
of the Advanced Materials division, to
Pidilite Industries Ltd. in an all-cash
transaction valued at up to $285 million.
For details visit adlinks.chemengonline.com/76997-18
10
NOVA Chemicals to sell expandable
styrenics business to Alpek
October 20, 2020 - NOVA Chemicals
Corp. (Calgary, Alb., Canada; www.
novachem.com) will sell its expandable
styrenics business to Alpek S.A.B. de
C.V. (San Pedro Garza Garcia, Mexico;
www.alpek.com). NOVA's expandable
styrenics business includes manufacturing
plants in Pennsylvania and Ohio, along
with commercial operations in Asia. n
Mary Page Bailey
CHEMICAL ENGINEERING WWW.CHEMENGONLINE.COM
DECEMBER 2020

http://www.neste.com http://www.bakerhughes.com http://www.sdk http://www.co.jp http://www.siemens http://www.energy.com http://www.linde.com http://www.huntsman http://www.novachem.com http://www.alpek.com http://adlinks.chemengonline.com/76997-18 http://WWW.CHEMENGONLINE.COM

Chemical Engineering December 2020

Table of Contents for the Digital Edition of Chemical Engineering December 2020