Company Dynamic

Thermoplastics compounder Polyram Plastic Industries Ltd. plans to lease and renovate a 100,000-square-foot facility in Evansville, which will be its first U.S. production facility.

• Materials
• Middle East
• US
• Polyram

GW Plastics Inc. is adding three two-shot injection molding machines at its plant in Tuscon, Ariz., to handle increased business from the medical market.

• GW

Chicago Bridge & Iron Company (CBI) has been awarded a contract by Venture Global LNG, for engineering, procurement and construction (EPC) of two LNG storage tanks for its Calcasieu Pass export facility, in Southwest Louisiana.

• CBI

Biesterfeld AG expands its cooperation with ExxonMobil Petroleum & Chemical and distributes Exxtral performance polyolefins in Sweden, Denmark, Norway and Finland.

• Biesterfeld

Lonza Group has completed the acquisition of Capsugel SA (Capsugel) from KKR & Co, for $5.5 billion in cash, including refinancing of existing Capsugel debt of approximately $2 billion.

• Lonza

Axalta Coating Systems (NYSE: AXTA), a leading global liquid and powder coatings supplier, coats China's new Fuxing model bullet train in collaboration with CRRC Qingdao Sifang Co., Ltd.

• Coating
• Paint
• Axalta

Applied Graphene Materials has partnered with HMG Paints to develop and commercialize grahene-containing coatings for a variety of industries.

• Coatings

Public Investment Bank Research said prospects are still attractive for soon-to-be-listed Lotte Chemical Titan Holding Berhad (LCT) and values the stock at RM7.72.

• Lotte
• Chemical
• Titan

Pengwei shut the 900kta PTA unit on a technical glitch yesterday and may restart it in a week.

• PTA

Former Tata Finance Managing Director Dilip Pendse allegedly committed suicide in Mumbai on Wednesday.

• Tata
• Finance

EuroChem Group AG has acquired a minority interest (50%-1 share) in Hispalense de Liquidos, a family-owned producer of liquid nitrogen, phosphorus, and potassium (NPK) blends in Spain

• EuroChem

Chicago Bridge & Iron Company (CBI) said that Patrick Mullen has assumed the role of CB&I's president and CEO, effective 1 July.

• CEO
• CB&I

Lanxess AG expands its range of membrane elements for reverse osmosis (RO), with new Lewabrane RO ULP line, which has three product grades for water treatment.

• Lanxess

CBI has been awarded a contract by Venture Global LNG, for EPC of two LNG storage tanks for its Calcasieu Pass export facility, in Southwest Louisiana.

• CB&I

Norway has become the first country to become a Contracting State to a key compensation treaty covering the transport of hazardous and noxious substances (HNS) by ship.

• Norway

Enterprise Products Partners LP (EPD) said that it has executed additional long-term contracts to provide transportation services on the Midland to ECHO crude oil pipeline system.

• Pipeline
• Midland–ECHO
• Enterprise

AkzoNobel NV has completed the $3.5 million expansion of its US research and development facilities in Houston, Texas.

• AkzoNobel

BIOA has launched BIO-SA pharmaceutical grade. This new grade of material provides a USP/NF and FCC grade of bio-succinic acid manufactured under the US FDA good manufacturing practices (GMP) for food and excipients.

• BioAmber

The Paints brand by PPG Industries has introduced Black Flame (PPG1043-7), as 2018 colour of the year. Recently the Olympic brand unveiled Black Magic as its 2018 colour of the year.

• Decoration
• PPG

The European Joint Undertaking on Bio-Based Industries (BBI), consisting of representatives from the European Union and the bio-based industry, granted €25 million to “PEFerence”, a consortium of eleven companies.

• BASF