Chemical Engineering May 2018 - 13

Solvay S.A. (Brussels, Belgium; www.solvay.com). The
technology converts glycerol to high-purity epichlorohydrin
(ECH) for use in coatings, composites and adhesive
applications in various industries. TechnipFMC's operating
center in Lyon, France will license the Epicerol technology.
BASF completes sale of its Mexican
oleochemical surfactants business to Stepan
March 27, 2018 - BASF has closed the sale of a portion
of its oleochemical surfactants business in Mexico to
Stepan CDMX, S. de R.L. de C.V., a subsidiary of Stepan
Co. (Northfield, Ill.; www.stepan.com). The transaction
includes the Mexico oleochemical surfactants product
portfolio and intellectual property, as well as the production
assets at the Ecatepec site in Estado de Mexico.
AkzoNobel sells Specialty Chemicals
business for €10.1 billion
March 27, 2018 - AkzoNobel (Amsterdam, the Netherlands;
www.akzonobel.com) announced the sale of 100% of its
Specialty Chemicals business to longstanding investment
partners The Carlyle Group and GIC for an enterprise
value of €10.1 billion. The transaction is expected to be
completed before the end of 2018.
Hexcel and Arkema to collaborate
on aerospace composites
March 26, 2018 - Hexcel Corp. (Stamford, Conn.; www.
hexcel.com) and Arkema (Colombes, France; www.
arkema.com) have signed a strategic alliance to develop
thermoplastic composite solutions for the aerospace
sector, combining the expertise of Hexcel in carbon fiber
and that of Arkema in polyether ketone ketone (PEKK). As
part of this partnership, a joint research and development
laboratory, located in France, will be established.
Tronox to sell Nevada-based
electrolytic assets
March 26, 2018 - Tronox Ltd, (Stamford, Conn.; www.
tronox.com) has entered into a purchase agreement with
EMD Acquisition LLC to sell certain assets and liabilities of
its Electrolytic Operations business based in Henderson,
Nev. for $13 million in cash, subject to certain working
capital adjustments. The transaction is subject to customary
closing conditions and expected to close mid-2018.
Alpek, Indorama and Far Eastern to
acquire M&G's Corpus Christi project
March 22, 2018 - Corpus Christi Polymers LLC - a
newly formed JV between Alpek S.A.B. de C.V. (San
Pedro Garza Garcia, Mexico; www.alpek.com), Indorama
Ventures Public Ltd. (Bangkok, Thailand; www.indorama.
net) and Far Eastern Investment Holding Ltd. - has entered
into an agreement to acquire M&G's integrated purified
terephthalic acid (PTA) and polyethylene terephthalate
(PET) plant that is currently under construction in Corpus
Christi, Tex., along with certain intellectual property and a
desalination and boiler plant. When completed, the plant
will have a nominal capacity of 1.1 million m.t./yr of PET
and 1.3 million m.t./yr of PTA. The plant is expected to
be the largest single-line vertically integrated PTA-PET
production facility in the world.
■
Mary Page Bailey
CHEMICAL ENGINEERING WWW.CHEMENGONLINE.COM MAY 2018
Berndorf Band GmbH
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13

http://www.solvay.com http://www.stepan.com http://www.akzonobel.com http://www.hexcel.com http://www.arkema.com http://www.tronox.com http://www.berndorfband-group.com http://www.alpek.com http://www.indorama http://adlinks.chemengonline.com/70306-05 http://WWW.CHEMENGONLINE.COM

Chemical Engineering May 2018

Table of Contents for the Digital Edition of Chemical Engineering May 2018