Chemical Engineering July 2015 - 15

www.nesteoil.com) have signed a
collaborative agreement for the supply
of Neste's proprietary renewable
isoalkane to be used by Total Fluides as
feedstock to produce bio-based fluids,
including paints, coatings, drilling fluids,
solvents for polymerization, printingink
fluids, emollients and more.
Innospec to divest its
aroma chemicals business
June 8, 2015 - Innospec Inc. (Littleton,
Colo.; www.innospecinc.com) agreed
to divest its aroma chemicals business
unit (Innospec Widnes Ltd.) to Emerald
Kalama Chemical, a business group
of Emerald Performance Materials
LLC. Terms of the transaction were
not disclosed.
Rayonier and Borregaard
form JV for lignin products
June 2, 2015 - Rayonier Advanced
Materials (RYAM; Jacksonville, Fla.;
www.rayonieram.com) and Borregaard
ASA (Sarpsborg, Norway ; www.
borregaard.com) intend to form a JV at
RYAM's site in Fernandina Beach, Fla.
for the manufacturing, marketing and
sale of natural lignin-based products.
The new company will be owned 45%
by RYAM and 55% by Borregaard.
Aveva acquires fabrication
software provider FabTrol
June 2, 2015 - Aveva (Cambridge,
u.K.; www.aveva.com) has agreed
to acquire FabTrol Systems, Inc.
(Eugene, Ore.) from the Dowco
Group. FabTrol provides fabricationmanagement
software to the steelfabrication
industry.
Westlake acquires Ineos stake in
China-based PVC resin JV
June 2, 2015 - Westlake Chemical
Corp. (Houston; www.westlake.
com) has acquired Ineos ChlorVinyls
Holdings B.V.'s 35.7% interest in
Suzhou Huasu Plastics Co. (SHPC),
a JV company focused on PVC resin
and downstream fabrication based near
Shanghai. Westlake now owns a 95%
interest in SHPC.
Ashland to divest industrial
biocides assets to Troy
May 29, 2015 - Ashland Inc. (Covington,
Ky.; www.ashland.com) has signed a
definitive agreement to sell the industrial
biocides assets within Ashland Specialty
Ingredients to Troy Corp., a specialist
in microbial control products.
Johnson Matthey acquires
packaging business StePac
May 27, 2015 - Johnson Matthey
(London; www.matthey.com) has
acquired the StePac Modified
Atmosphere Packaging (MAP)
business from DS Smith for £18.0
million. With this transaction, all assets
of StePac will join Johnson Matthey's
Atmosphere Control Technologies
business, within the company's
New Businesses division.
DSM forms polyphenylene
sulfide JV in China
May 22, 2015 - Royal DSM (Heerlen,
the Netherlands; www.dsm.com)
and Zhejiang NHu Co. formed a new
JV for the market development and
manufacture of high-performance
plastics compounds based on
polyphenylene sulfide (PPS). DSM will
hold a 60% share in the JV, with Zhejiang
NHu owning a 40% stake.
■
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Chemical Engineering July 2015

Table of Contents for the Digital Edition of Chemical Engineering July 2015