Materials Performance

DEC 2018

Materials Performance is the world's most widely circulated magazine dedicated to corrosion prevention and control. MP provides information about the latest corrosion control technologies and practical applications for every industry and environment.

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Page 16 of 76

COMPANY NEWS 14 DECEMBER 2018 W W W.MATERIALSPERFORMANCE.COM business to private equity company The Carlyle Group (Washington, DC, USA) and sovereign wealth fund GIC (Singapore) for an enterprise value of €10.1 billion ($11.7 billion). "Today is a key milestone in the history of AkzoNobel, creating a focused paints and coatings company, with mar- ket-leading positions, strong global brands, and a clear strategy to create value for all our stakeholders," says CEO Thierry Vanlancker. "This is also an important step for the Specialty Chemicals business, and I would like to take this opportunity to say thank you to our colleagues and wish them a successful future with Carlyle and GIC." Martin Sumner and Zeina Bain, man- aging directors at The Carlyle Group, say they are planning to invest in Specialty Chemicals and are committed to growing the business and enhancing its competi- tive position as an independent company. "Specialty Chemicals has a great heritage, a high-quality asset base and workforce, an excellent track record of innovation, as well as a diversified customer and product portfolio," the managing directors explain. certification, Cortec's MCI-2005 and MCI- 2005 NS products will now be included in a web site list of DCLD-certified products. The certification was given after indepen- dent auditing confirmed that both prod- ucts met requirements of the ASTM C1582 standard for admixtures designed to inhibit the corrosion of reinforcing steel in concrete due to chloride ingress. Both products are amine-carboxylate, bio-based corrosion inhibiting admixtures for new construction or repair. According to the company, adding these admixtures to con- crete mixes is a simple, proven, and cost- effective method of enhancing durability. Their low dosage rate combined with lower toxicity and environmental impact make them attractive as an alternative to traditional calcium nitrite [Ca(NO 2 ) 2 ] inhibitors, Cortec says. U.S. Agencies to Expedite Coordination for LNG Permits The U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) (Washington, DC, USA) and the Federal Energy Regula- tory Commission (FERC) (Washington, DC, USA) signed a memorandum of under- standing (MOU) to expedite coordination during the permit application review pro- cess for U.S. liquefied natural gas (LNG) facilities. "The department is committed to eliminating unnecessary delays to the advancement of critical national energy infrastructure projects, while never com- promising safety," says U.S. Transportation Secretary Elaine L. Chao. The MOU clari- fies each agency's responsibilities, includ- ing PHMSA's review for compliance with the siting requirements contained in Part 193 of the U.S. Federal Pipeline Safety Regulations. PHMSA will encapsulate its findings in a letter of determination, which FERC will accept as the authorita- tive determination of a proposed facility's ability to comply with safety regulations. The agreement also refines information- sharing practices between the agencies, including all documents, information, and data submitted by applicants. —Ben DuBose Continued f rom page 13 Dubai Authority Certifies Concrete Corrosion Inhibitors The products inhibit the corrosion of reinforcing steel in concrete. Corrosion control technologies group Cortec Corp. (St. Paul, Minnesota, USA) announced that its Dubai-based Cortec Middle East LLC subsidiary received certi- fication from the Dubai Central Labora- tory Department (DCLD) (Dubai, United Arab Emirates) to manufacture and supply MCI † admixtures, known as migrating cor- rosion inhibitors for concrete. Under the COMPANY NEWS † Trade name.

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