Stork, part of Fluor Corporation’s diversified services segment has been awarded a construction contract by BYK USA Inc, for its new garamite additives process unit at its manufacturing plant in Gonzales, Texas. BYK is a world-leading supplier of chemical additives and measuring instruments. Garamite products from BYK are natural rheology additives. They ensure, for example, that coatings have the right viscosity and contribute to the lightweight construction of automobiles.
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DeWolf, part of Azelis homecare and industrial cleaning market segment said that it will expand its relationship with the BASF homecare, industrial and institutional business group. As part of the new agreement, DeWolf will now offer the complete portfolio of the BASF HI&I line in all regions of the US. As part of the new agreement, DeWolf will now sell the complete line of BASF HI&I products including the Glucopon, Trilon, Sokalan, Lutensol and Pluronic brands across the entire US. BASF HI&I products provides speciality additives such as sustainable chelates. Read more
McDermott International Inc (McDermott) and CB&I (CBI) have received the necessary stockholder approvals to complete the proposed business combination. As previously announced, upon completion of the transaction, McDermott stockholders will own approximately 53 percent of the combined company on a fully diluted basis and CB&I shareholders will own approximately 47 percent of the combined company. As a result of the approval by McDermott stockholders of the 3-to-1 reverse stock split resolution, CB&I shareholders will receive 0.82407 shares of McDermott. Read more
BASF SE said that it has appointed Dr Martin Brudermuller, as its
next chairman, effective as of the end of the annual shareholder’ meeting 2018. Dr Kurt Bock, the previous chairman of the board of executive directors, presented his successor with a 3D-printed model of a symbolic scene from BASF’s headquarters in Ludwigshafen. Since 2006, Brudermuller has been a member of the board of executive directors of BASF SE, since 2011, vice chairman of the board of executive directors, and, since 2015, chief technology officer.
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