Huntsman Corporation and Clariant announced that their Boards of Directors unanimously approved a definitive agreement to combine in a merger of equals through an all-stock transaction.

The merged company will be named HuntsmanClariant. On a pro forma 2016 basis, the combination of both companies will create a global specialty chemical company with sales of approximately $13.2 billion, an adjusted EBITDA of $2.3 billion and a combined enterprise value of approximately $20 billion at announcement.

Emerson announced it has completed the purchase of MYNAH Technologies, a long-time Emerson alliance partner and a leading provider of dynamic simulation and operator training software. MYNAH’s solutions enable plant engineers and technicians to test and improve process control strategies and train plant operators in offline, real-world scenarios before implementing them in live production. The addition of MYNAH will help support Emerson Automation Solutions and its Operational Certainty program designed to help industrial companies achieve top performance.

Intel announced the launch of the Intel Connected Logistics Platform (Intel CLP). The platform gives companies levels of insight into the status of assets during their journey through the supply chain, allowing them to make intelligent, real-time decisions that can minimize loss or spoilage of freight, maximize asset utilization, and optimize end-to-end supply chain operations. Intel’s announcement was made in conjunction with Honeywell unveiling its Connected Freight solution – based on Intel’s Connected Logistics Platform.

Okuma Corporation and Hitachi, Ltd. announced that they have embarked on collaborative creation aiming to establish an advanced high-efficiency production model that supports mass customization making use of IoT and set up an experimental model at Dream Site2 (DS2), Okuma's new plant.

BlueCielo, a leading global provider of software solutions to monitor and control technical information throughout the asset lifecycle, has appointed Axino Solutions, a fast-growing developer and provider of leading-edge enterprise management systems and solutions, as a reseller and implementation partner for Germany, Austria, and Switzerland.

Owens Corning announced that it has signed an agreement to acquire Pittsburgh Corning, a producer of cellular glass insulation systems for commercial and industrial markets. Upon closing, the company will pay approximately $560 million in cash, on a cash free and debt free basis. The transaction, which is subject to regulatory approvals, is anticipated to close in the third quarter of 2017.