Chemical Engineering March 2022 - 12

Mergers & Acquisitions
PPG to acquire Milan-based
powder coatings business
February 7, 2022 - PPG Industries,
Inc. (Pittsburgh, Pa.; www.ppg.com)
entered into an agreement to acquire the
powder coatings business of Arsonsisi,
an industrial coatings company based
in Milan, Italy. As part of the transaction,
PPG will acquire Arsonsisi's automated,
small- and large-batch-capable powder
manufacturing plant in Verbania, Italy.
EuroChem offers to acquire
Borealis' nitrogen business
February 3, 2022 - Borealis AG
(Vienna, Austria; www.borealisgroup.
com) has received a binding offer from
Eurochem AG (Zug, Switzerland;
www.eurochemgroup.com) for the
acquisition of Borealis' nitrogen
business, including fertilizer, melamine
and technical nitrogen products.
The offer places the business on an
enterprise value basis at €455 million.
The transaction is subject to certain
closing conditions and regulatory
approvals, with closing expected for
the second half of 2022.
Call the
Solids Mixing
Ribbon & Cone Blenders
Fluidizing Mixers
Sigma Blade Mixers
(also for high-viscosity mixing)
Size Reduction
Wet & Dry Size Reduction
Steel & Ceramic Lined Mills
Jars & Jar Rolling Mills
Vacuum Drying
Dryers & Complete Systems
Sabic to purchase Clariant's stake
in Scientific Design JV
February 2, 2022 - Sabic (Jubail,
Saudi Arabia; www.sabic.com) agreed
to purchase Clariant AG's (Muttenz,
Switzerland; www.clariant.com)
50% stake in the companies' 50-50
joint venture (JV), Scientific Design.
Headquartered in New Jersey, Scientific
Design is a licensor of high-performance
process technologies and a developer
of catalysts that are used in over 100
plants across more than 30 countries.
Alpek acquires PET sheet
manufacturer Octal
February 2, 2022 - Alpek S.A.B. de C.V.
(San Pedro Garza Garcia, Mexico; www.
alpek.com) has signed an agreement
to acquire Oman-based Octal Holding
SAOC, a manufacturer of polyethylene
terephthalate (PET), for $620 million.
The acquisition adds over 1 million
m.t./yr of installed capacity to Alpek's
existing footprint, comprising: 400,000
m.t./yr of PET sheet in Salalah Free
Zone, Oman; 33,000 m.t./yr of PET
sheet recycling in Cincinnati, Ohio;
11,000 m.t./yr of PET thermoform
for all your solids processing
Experts
Applications:
APIs ∙ Ag-Chemicals
Biologics ∙ Catalysts
Ceramics ∙ Chemicals
Food Ingredients
Herbicides ∙ Minerals
Nutraceuticals ∙ Pesticides
Pharmaceuticals ∙ Pigments
Polymers ∙ Powdered Metals
Proteins ∙ Resins ∙ Vitamins
packaging in Riyadh, Saudi Arabia;
and 576,000 m.t./yr of PET resin in
Salalah Free Zone, Oman.
TotalEnergies and Veolia join
forces for biomethane production
February 2, 2022 - TotalEnergies SE
(www.totalenergies) and Veolia (both
Paris; www.veolia.com) signed an
agreement to produce biomethane
from Veolia waste- and water-treatment
facilities operating in more than 15
countries. The partners will jointly develop
and co-invest in a portfolio of projects,
with the ambition to produce up to
1.5 TWh/yr of biomethane by 2025.
ExxonMobil to combine its
chemicals and refining companies
February 2, 2022 - ExxonMobil
Corp. (Houston; www.exxonmobil.
com) is combining its chemical and
downstream companies into a new
business line, ExxonMobil Product
Solutions. Effective April 1, the company
will be organized along three business
lines: Upstream, Product Solutions
and Low Carbon Solutions.
■
Mary Page Bailey
Innovation
www.pauloabbe.com
12
855-789-9827
sales@pauloabbe.com
For details visit adlinks.chemengonline.com/82579-06
For details visit adlinks.chemengonline.com/82579-07
CHEMICAL ENGINEERING WWW.CHEMENGONLINE.COM
MARCH 2022
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http://www.sabic.com http://www.ppg.com http://www.clariant.com http:// https://totalenergies.com/ http://www.veolia.com http://www.borealisgroup.com http://www.alpek.com http://www.eurochemgroup.com http://www.exxonmobil.com http://adlinks.chemengonline.com/82579-07 http://adlinks.chemengonline.com/82579-06 http://WWW.CHEMENGONLINE.COM

Chemical Engineering March 2022

Table of Contents for the Digital Edition of Chemical Engineering March 2022