Chemical Engineering March 2019 - 13

De Nora acquires MIOX business
from Johnson Matthey
February 7, 2019 - Industrie De Nora
S.p.A. (De Nora; Milan, Italy; www.denora.
com) has acquired the Albuquerquebased
MIOX business from Johnson
Matthey plc (London, U.K.; www.matthey.
com) for an undisclosed price. MIOX
specializes in proprietary mixed oxidants
for onsite water purification, including
electrochemical, disinfection, oxidation
and filtration processes.
Ecolab to spin off Upstream
Energy business segments
February 7, 2019 - Ecolab Inc. (St.
Paul, Minn.; www.ecolab.com) plans to
spin off its Upstream Energy business
units as a standalone publicly traded
company. The Upstream Energy business
currently operates within Ecolab's Energy
segment and consists of its oilfield
chemicals production business and the
WellChem drilling and well-completion
chemistry business. Ecolab plans to
retain the Downstream business,
which serves petroleum refineries and
petrochemical plants. The Upstream
Energy business had 2018 sales of
approximately $2.4 billion.
HollyFrontier completes
acquisition of Sonneborn
February 7, 2019 - HollyFrontier Corp.
(Dallas, Tex.; www.hollyfrontier.com)
completed the previously announced
acquisition of Sonneborn U.S. Holdings
Inc. and Sonneborn Coöperatief U.A.
for $655 million. Sonneborn is one of
the world's largest dedicated suppliers
of white oils, petrolatums and waxes,
and operates manufacturing facilities
in North America and Europe.
Chevron to acquire Pasadena
refining assets from Petrobras
February 1, 2019 - Chevron Corp.
(San Ramon, Calif.; www.chevron.com)
signed a share-purchase agreement
with Petrobras America Inc., a
U.S.-based subsidiary of Petróleo
Brasileiro S.A. (Petrobras; Rio de
Janeiro, Brazil; www.petrobras.com.
br), to acquire all shares and equity
interests of Pasadena Refining System,
Inc. (PSRI), including the 110,000-bbl/d
petroleum refinery in Pasadena, Tex.,
and PRSI Trading, LLC, for $350 million.
The acquisition will add to Chevron's
refining network, which currently
includes facilities in Pascagoula, Miss.,
El Segundo and Richmond, Calif. and
Salt Lake City, Utah.
Cabot to divest its Specialty Fluids
business for $135 million
January 31, 2019 - Cabot Corp.
(Boston, Mass.; www.cabot-corp.
com) has entered into a definitive
agreement to sell its Specialty Fluids
business to Sinomine (Hong Kong) Rare
Metals Resources Co. in a transaction
valued at $135 million. The transaction
is expected to close in the third quarter
of 2019 and is subject to customary
closing conditions.
Kemira and Valmet partner on
sludge and water treatment
January 23, 2019 - Kemira and
Valmet Oyj (Espoo, Finland; www.
valmet.com) have signed a partnership
agreement to collaborate on waterand
sludge-treatment applications.
The agreement combines Kemira's
chemistry and process optimization
expertise with Valmet's analyzer and
measurement technologies.
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MARCH 2019
10/9/2018 5:24:35 PM
13

http://www.denora http://www.cabot-corp http://www.valmet.com http://www.matthey http://www.ecolab.com http://www.hollyfrontier.com http://www.chevron.com http://www.petrobras.com http://www.gemu.com http://adlinks.chemengonline.com/73852-22 http://WWW.CHEMENGONLINE.COM

Chemical Engineering March 2019

Table of Contents for the Digital Edition of Chemical Engineering March 2019