Fine Chemicals Expansion
Arkema has expanded and improved the production of fine chemicals at its Carrollton, Kentucky facility for the oxo-alcohol and other intermediates markets. Arkema has custom synthesis and manufacturing flexibility from pilot- to large-scale production, serving as a leader in the supply of specialty phosphines, Grignard reagents and organotin and antimony chemicals, including triphenylantimony.
Innospec is seeking more than $40 million from Ethyl in arbitration hearings in the London Court of International Arbitration. Innospec alleges that the Richmond, Virginia-based Ethyl violated marketing agreements. Innospec says it is also disputing the price it is allowed to charge Ethyl for TEL that is resold in the U.S. The disputed amount exceeds more than $3 million/year.
Canada’s Nova Chemicals has rejected a claim by Dow Chemical that ethane feedstock supplies were wrongly diverted from their jointly owned Ethylene 3 facility in Joffre, Alberta. Nova says that $120.9 million claim is completely without merit.
Taminco has acquired Air Products’ higher amines and methylamines business. The business generated revenues of $310 million in fiscal year 2006, and includes plants in Pace, Florida, San Gabriel, Louisiana and Camacari, Brazil. The business has 225 employees.
Nippon Paint has acquired the North American automotive coating business from chemical maker Rohm and Haas. This $220 million acquisition includes all shares of two joint ventures. Nippon Paint purchased Bee Chemical Company, a Rohm and Haas subsidiary, as well as NB Holdings, a subsidiary of Bee, as part of the deal.
Albermarle has acquired DSM’s South Haven, Michigan pharmaceuticals plant. In Decemeber, DSM said it had decided to divest the plant. The plant is focused on making generic active pharmaceutical ingredients.
Honeywell Resins & Chemicals is expanding production of caprolactam, a key raw material used in the production of nylon, at its Hopewell, Virginia plant. The expansion, in combination with ongoing production improvements, is expected to boost caprolactam output by up to 10%.
Air Separation Unit
Airgas is building an air separation unit at Dow Corning’s Carrollton, Kentucky site to supply bulk and packaged gases to the silicon technology company. The project is estimated to cost $30 million, making it Airgas’ largest single project to date. The unit should be complete in late 2008 and will have the capacity to liquefy at least 318 tons/day of nitrogen, oxygen and argon. Airgas and Down Corning signed a long-term agreement for gaseous nitrogen.
SAFC plans to invest $16 million to expand cGMP protein purification capacity at its headquarters in St. Louis, Missouri. This expansion will help meet growing demand for therapeutic proteins derived from plant- and animal-sourced starting materials. When complete in 2007, the facility will be capable of handling more than 5,000 kilograms of biomass/week. Completely separate plant and animal protein processing facilities will eliminate potential cross-contamination.