Chemical Engineering February 2018 - 11

for liquids gasification. In addition, the two companies also
formed a strategic alliance in liquids gasification.
PolyOne acquires Spain-based
masterbatch provider IQAP
January 4, 2018 - PolyOne Corp. (Cleveland, Ohio; www.
polyone.com) acquired IQAP Masterbatch Group S.L., a
privately owned provider of specialty colorants and additives
based near Barcelona, Spain with customers throughout
Europe. IQAP has two production facilities and a technology
laboratory located in Spain, plus additional manufacturing
capability in the Czech Republic.
Synthomer divests production
site in Leuna, Germany
January 2, 2018 - Synthomer p.l.c. (London, U.K.; www.
synthomer.com) sold its site in Leuna, Germany to Alberdingk
Boley GmbH for an undisclosed price. The Leuna site was
acquired as part of the Hexion PAC acquisition in 2016.
This sale will conclude the integration of Hexion PAC into
the Synthomer Group.
Umicore to acquire metathesis catalysts
business from Materia
December 28, 2017 - Umicore N.V. (Brussels, Belgium;
www.umicore.com) agreed to acquire Materia's metathesis
catalyst business portfolio for a price of $27 million. Through
this acquisition, Umicore will broaden its range of catalyst
technologies and expand its homogeneous catalysts
offering. The transaction is subject to closing conditions
and is expected to be finalized in the first quarter of 2018.
CB&I to merge with upstream service
provider McDermott International
December 20, 2017 - McDermott International, Inc. (Houston;
www.mcdermott.com) and CB&I (The Woodlands, Tex.;
www.cbi.com) have agreed to combine, creating a vertically
integrated onshore-offshore company. Upon completion of the
transaction, McDermott shareholders will own approximately
53% of the combined company and CB&I shareholders will
own approximately 47%. The estimated enterprise value
of the transaction is approximately $6 billion.
Celanese to acquire thermoplastics
compounder Omni Plastics
December 20, 2017 - Celanese agreed to acquire Omni
Plastics and its subsidiaries, including the distributor
Resinal de Mexico. Omni Plastics is headquartered and
has a compounding facility in Evansville, Ind., with additional
offices in Mexico City. Omni Plastics specializes in custom
compounding of various engineered thermoplastics.
W.R. Grace to acquire Albemarle's
Polyolefin Catalysts business
December 15, 2017 - W.R. Grace & Co. (Columbia, Md.;
www.grace.com) will acquire the Polyolefin Catalysts business
of Albemarle Corp. (Charlotte, N.C.; www.albemarle.
com) for $416 million. The acquired business provides
proprietary and custom-manufactured catalysts, as well as
metallocenes and activators. The acquisition also includes
a comprehensive series of highly optimized Ziegler-Natta
catalysts for polyethylene production.
■
Mary Page Bailey
CHEMICAL ENGINEERING WWW.CHEMENGONLINE.COM
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Chemical Engineering February 2018

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