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October 24, 2012
The Dow Chemical Company (Dow; Midland, Mich.; www.dow.com) says that it plans to build a new world-scale plant for the production of metallocene ethylene propylene diene monomer (EPDM), sold under the trademark of Nordel IP Hydrocarbon Rubber. The new facility, when operational in 2016, will help set the standard in cost effectiveness and production efficiencies by incorporating the use of Dow’s...
October 18, 2012
Solvay S.A. (Brussels, Belgium; www.solvay.com) says it is reinforcing its leadership on the growing world market for Solef polyvinylidene fluoride (PVDF) by starting up a new production capacity at its Tavaux plant, France. Solvay invested €26 million to increase the PVDF production capacity at the plant by 50%. Solvay's Solef PVDF is, among others, used for demanding applications in oil & gas...
October 17, 2012
Hillenbrand, Inc. (Batesville, Ind.; www.hillenbrand.com) has agreed to acquire the Coperion Group (Stuttgart, Germany; www.coperion.com) . The transaction is anticipated to close by December 31, 2012, subject to regulatory approvals. Hillenbrand is a strategic global diversified industrial company, publicly listed on the New York Stock Exchange and will acquire Coperion from Deutsche Beteiligungs AG, a...
October 15, 2012
ITT Corp. (White Plains, N.Y.; www.itt.com) announced today it has signed an agreement to acquire Joh. Heinr. Bornemann GmbH (Bornemann Pumps; Obernkirchen, Germany; www.bornemann.com), a leading global provider of highly engineered pumps and systems for the oil and gas industry. "The acquisition of Bornemann Pumps would unlock powerful new opportunities for ITT to expand into new markets...
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