Chemical Engineering September 2018 - 13

52,000-m.t./yr facility consisting of three production lines:
recycled PET; recycled high-density polyethylene (rHDPE);
and food-grade pellets.
Ascend Performance Materials to acquire
Netherlands-based plastics compounder
August 8, 2018 - Ascend Performance Materials, LLC
(Houston; www.ascendmaterials.com) purchased Britannia
Techno Polymer (BTP), an engineering plastics compounder
based in the Netherlands. BTP specializes in the production
of proprietary nylon compounds.
Lanxess plans to sell remaining 50%
stake in Arlanxeo to Saudi Aramco
August 8, 2018 - Lanxess AG (Cologne, Germany; www.
lanxess.com) plans to sell its remaining 50% stake in
synthetic rubber JV Arlanxeo (Maastricht, the Netherlands;
www.arlanxeo.com) to its JV partner Saudi Aramco. The
parties expect to complete the transaction by the end of
2018. The JV is valued at €3.0 billion. Lanxess expects to
receive approximately €1.4 billion from the transaction.
Ingevity to take full ownership of
Purification Cellutions joint venture
July 25, 2018 - Ingevity Corp. (North Charleston, S.C.;
www.ingevity.com) signed an agreement to acquire the
remaining 30% of Purification Cellutions, LLC (Waynesboro,
Ga.) from its partner Applied Technology Ltd. Partnership.
The purchase price is approximately $80 million. Purification
Cellutions manufactures honeycomb scrubbers used for
vapor-emissions control.
Celanese to sell ethanol plant,
form JV with Chengzhi
July 20, 2018 - Celanese Corp. (Dallas, Tex.; www.
celanese.com) intends to sell its Nanjing ethanol unit to
Chengzhi Shareholding Co., along with all related assets,
including equipment, storage tanks and pipelines. This
agreement also concerns the formation of a JV surrounding
Celanese's TCX ethanol-production technology. The
companies are also planning to restart the Nanjing unit
as soon as possible, likely in 2019.
TO CAUSTIC FILL
AkzoNobel acquires peroxides
manufacturer in Brazil
WASH WATER
PI
8
July 20, 2018 - AkzoNobel Specialty Chemicals (Amsterdam,
the Netherlands; www.akzonobel.com) finalized an agreement
to acquire Brazilian firm Polinox, a producer of ketone
peroxides. The sale is expected to close in late 2018.
The company will acquire Polinox's Brasnox, Perbenzox
and TecnoxSuper brands. AkzoNobel will invest to add
capacity in its own site at Itupeva, Brazil and transfer
operations there after the expansion.
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Borealis acquires plastics
recycler in Austria
July 18, 2018 - Borealis Group AG (Vienna, Austria;
www.borealisgroup.com) has signed an agreement for
the acquisition of 100% of the shares in plastics recycler
Ecoplast Kunststoffrecycling GmbH. Based in Wildon,
Austria, Ecoplast processes around 35,000 m.t./yr of postconsumer
plastic waste from households and industrial
consumers, turning them into polyethylene recyclates. ■
Mary Page Bailey
PI
8
PT
2
MIST ELIM.
WASH WATER
MANWAY
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PI
2
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Chemical Engineering September 2018

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