The Chemistry of Waterborne Polyurethane Coatings

March 5, 2020 | 197 views

Polyurethanes have long been known to produce coatings that exhibit high toughness, abrasion resistance, enhanced aesthetics, and durability.  Solvent-based polyurethanes have traditionally set the performance standard for high durability coatings. However, environmental considerations for low-VOC alternatives and reduced exposure to solvents has stimulated the development of alternative technologies based on waterborne polyurethane systems.

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Sapio Group

Sapio has been operating as a market leader on the Italian market in the industrial and medical gases sector for 90 years: in fact, it was founded in 1922. Today, the enterprise is an industrial group (member of Assogastecnici, the Federchimica [Chemical Federation] association for the industrial and medical gases sector) able to completely satisfy the market’s requirements and necessities and with the potential for developing new technologies and new services personalised for the single entrepreneurial concerns.

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CHEMICAL TECHNOLOGY

Transporting biological and chemical materials - what you need to know

Article | August 8, 2022

The landscape of biological and chemical logistics has changed rapidly - as have the regulatory frameworks around it. What has not necessarily kept pace is the end-user understanding of the nature of these logistical processes, their opportunities and their constraints. Twenty years ago, the transmission of biological and chemical materials was limited to a small range of organisations: usually national and international research companies, hospitals, major university departments, police and military departments with forensic responsibilities.

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CHEMICAL MANAGEMENT

Setting record straight on testing harm in chemicals

Article | July 13, 2021

The modern world is built on chemicals, be it the medicines we use, or cleaning fluids, crop protection products, or the raw materials for everything from laptops and mobile phones to clothes and furniture. Across all, we have created an entire modern society with chemicals, and, as a result, constantly stretched the size of the world population we can feed, clothe and shelter. Yet, balancing all the gains from the modern chemistry around us against any negative environmental and human impact has been a rising concern, making for ever greater focus on testing and on risk assessment.

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CHEMICAL MANAGEMENT

Why chemical characterization is the best way to assess patient risk

Article | July 8, 2022

Everyone is very familiar with the phrase when buying a house: All that really matters are three things - location, location, and location. This same principle applies to extractables and leachables chemistry analysis – the three things that truly matter are identification, identification, and identification. The greatest growth in the past ten years in demonstrating the safety of medical devices and container closure systems for drugs has been using analytical chemistry to determine what chemicals can leach from the device and what the patient is exposed to during its intended use.

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How Chemical Companies Benefit from the Experience Economy

Article | February 10, 2020

To feel or experience from a business engagement started with customer experience mainly in the consumer products business. Today it has extended to even knowledge industries like the chemical industry where experiencing or feeling can be leveraged to include all stake holders from customers primarily to employees to supply chain people & suppliers and all else. With digital technologies this has become easier than before. The benefits from promoting the ‘feel’ or ‘experience’ emotion could be multifarious for the chemical industry as described in this article.

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Spotlight

Sapio Group

Sapio has been operating as a market leader on the Italian market in the industrial and medical gases sector for 90 years: in fact, it was founded in 1922. Today, the enterprise is an industrial group (member of Assogastecnici, the Federchimica [Chemical Federation] association for the industrial and medical gases sector) able to completely satisfy the market’s requirements and necessities and with the potential for developing new technologies and new services personalised for the single entrepreneurial concerns.

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CHEMICAL MANAGEMENT

Imperial Petroleum Announces Pricing of Upsized $60 Million Underwritten Public Offering

Imperial Petroleum Inc. | March 21, 2022

Imperial Petroleum Inc. announced the pricing of an upsized underwritten public offering of 37,500,000 units at a price of $1.60 per unit. Each unit consists of one common share and one Class B warrant to purchase one common share, and will immediately separate upon issuance. The gross proceeds of the offering to the Company, before underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $60 million. The Company intends to use the net proceeds of the offering for capital expenditures, including acquisitions of additional vessels which we have not yet identified, and for other general corporate purposes. Each Class B warrant is immediately exercisable for one common share at an exercise price of $1.60 per share and will expire five years from issuance. The offering is expected to close on or about March 23, 2022, subject to customary closing conditions. Maxim Group LLC is acting as sole book-running manager in connection with the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 5,624,950 common shares and/or prefunded warrants and/or 5,624,950 Class B warrants, at the public offering price less underwriting discounts and commissions. The offering is being conducted pursuant to the Company’s registration statement on Form F-1 previously filed with and subsequently declared effective by the Securities and Exchange Commission on March 18, 2022 and an additional registration statement filed pursuant to Rule 462(b), which was filed on March 18, 2022 and became effective upon filing. A final prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov. Copies of the final prospectus relating to this offering, when available, may be obtained from Maxim Group LLC, 300 Park Avenue, 16th Floor, New York, NY 10022, at 895-3745. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. ABOUT IMPERIAL PETROLEUM INC. Imperial Petroleum Inc. is a ship-owning company providing petroleum product and crude oil seaborne transportation services. The Company currently owns three M.R. product tankers and one Aframax oil tanker with a total

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CHEMICAL MANAGEMENT

TRUE VALUE COMPANY ACQUIRES YENKIN-MAJESTIC CONSUMER PAINT BUSINESS

True Value Company | March 15, 2022

True Value Company, one of the world's largest hardlines wholesalers, and The Yenkin-Majestic Paint Corporation, an Ohio-based manufacturer of coatings and coatings resins, announced they have entered into a definitive agreement under which True Value Company will acquire Yenkin-Majestic's consumer paint business, producing architectural coatings for home, agricultural, and specialty applications under the Majic brand name. "The acquisition of the Majic portfolio of products is an excellent strategic fit for True Value. The Majic paint brand deepens our strong portfolio of products, which today includes our flagship EasyCare brand, and enhances our capabilities in the agricultural and other specialty segments of the paint industry. Customers of both companies will benefit from the higher levels of investment that True Value plans to make in research and development, as well as improving supply chain resiliency and customer support." John Vanderpool, Division President, True Value Manufacturing & General Paint Chris Kempa, CEO of True Value Company said, "This acquisition is another example of True Value's commitment to investing in its business, aggressively pursuing growth and ensuring that our retailers have what they need to win in the marketplace." "True Value's focus on quality and service to paint retailers, and their commitment to the associates who power our organizations, mirror our company culture as a family-owned business," said Yenkin-Majestic President and CEO Andrew O. Smith. "True Value has been a respected partner of ours for many years, and we know they will take the Majic product line to new heights. We can think of no finer company to carry forward the legacy of our consumer paint business." He added, "This transaction also allows us to focus our resources and reinvest in our polymers business." About True Value Company True Value Company, headquartered in Chicago, is one of the world's leading hardlines wholesalers with a globally recognized brand and over 70 years of experience serving independent hardware retailers. True Value Company provides its customers in over 60 countries an expansive product set of market-customized assortments at highly competitive prices, superior product availability, innovative marketing programs and a la carte value-added services like eCommerce ship-to-store, store remodel support and True Value University, all within a flexible model that requires no membership. With 13 regional distribution centers, and approximately 2,500 associates serving over 4,500 stores, True Value Company celebrates independence and drives retail excellence across the U.S. and internationally. About Yenkin-Majestic The Yenkin-Majestic Paint Corporation, based in Columbus, OH, is the owner of OPC Polymers, one of North America's leading suppliers of coatings resins. OPC Polymers serves the paint industry through continuous innovation in its broad portfolio of alkyd, copolymer, and specialty resins. This family-owned business began in 1920.

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CHEMICAL MANAGEMENT

Nippon Shokubai Obtains ISCC PLUS for Superabsorbent Polymers Derived from Caustic Soda Produced from Renewable Energy

Nippon Shokubai Co., Ltd. | March 07, 2022

Nippon Shokubai Co., Ltd. working to achieve carbon neutrality by 2050, announces that it has obtained ISCC PLUS certification from the International Sustainability and Carbon Certification system (ISCC) (*1) for superabsorbent polymers (SAP) made by its subsidiary Nippon Shokubai Europe N.V. (hereinafter NSE) from caustic soda produced using electricity generated from renewable energy. SAP, commonly used in disposable diapers, is mainly made from acrylic acid produced from propylene and caustic soda. In May 2021, NSE received ISCC PLUS certification (mass balance method (*2)) from ISCC for the production of SAP utilizing acrylic acid produced from biomass-derived propylene. It has now obtained ISCC PLUS certification for sustainable SAP made from caustic soda produced using electricity generated from renewable energy. Combining these certifications will contribute to reducing CO2 emissions throughout the product life cycle. Furthermore, Nippon Shokubai will establish a system that can supply bio-based/sustainable SAP in response to customer demand. In addition to these ISCC PLUS-certified SAP, Nippon Shokubai is engaged in the research and development of sustainable SAP that contribute to mitigating environmental impact, such as biodegradable SAP and recycled SAP from used disposable diapers. The Company will contribute to realizing a sustainable society by promoting these research and development activities. About Nippon Shokubai Co., Ltd Since its establishment in 1941, Nippon Shokubai has expanded its business with unique catalyst technology at its core. Nippon Shokubai has supplied ethylene oxide, acrylic acid, automobile catalysts, process catalysts and other products. It commands a top global share of superabsorbent polymers. Nippon Shokubai is a global chemical company operating under its corporate mission of "TechnoAmenity -- Providing affluence and comfort to people and society, with our unique technology."

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CHEMICAL MANAGEMENT

Imperial Petroleum Announces Pricing of Upsized $60 Million Underwritten Public Offering

Imperial Petroleum Inc. | March 21, 2022

Imperial Petroleum Inc. announced the pricing of an upsized underwritten public offering of 37,500,000 units at a price of $1.60 per unit. Each unit consists of one common share and one Class B warrant to purchase one common share, and will immediately separate upon issuance. The gross proceeds of the offering to the Company, before underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $60 million. The Company intends to use the net proceeds of the offering for capital expenditures, including acquisitions of additional vessels which we have not yet identified, and for other general corporate purposes. Each Class B warrant is immediately exercisable for one common share at an exercise price of $1.60 per share and will expire five years from issuance. The offering is expected to close on or about March 23, 2022, subject to customary closing conditions. Maxim Group LLC is acting as sole book-running manager in connection with the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 5,624,950 common shares and/or prefunded warrants and/or 5,624,950 Class B warrants, at the public offering price less underwriting discounts and commissions. The offering is being conducted pursuant to the Company’s registration statement on Form F-1 previously filed with and subsequently declared effective by the Securities and Exchange Commission on March 18, 2022 and an additional registration statement filed pursuant to Rule 462(b), which was filed on March 18, 2022 and became effective upon filing. A final prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov. Copies of the final prospectus relating to this offering, when available, may be obtained from Maxim Group LLC, 300 Park Avenue, 16th Floor, New York, NY 10022, at 895-3745. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. ABOUT IMPERIAL PETROLEUM INC. Imperial Petroleum Inc. is a ship-owning company providing petroleum product and crude oil seaborne transportation services. The Company currently owns three M.R. product tankers and one Aframax oil tanker with a total

Read More

CHEMICAL MANAGEMENT

TRUE VALUE COMPANY ACQUIRES YENKIN-MAJESTIC CONSUMER PAINT BUSINESS

True Value Company | March 15, 2022

True Value Company, one of the world's largest hardlines wholesalers, and The Yenkin-Majestic Paint Corporation, an Ohio-based manufacturer of coatings and coatings resins, announced they have entered into a definitive agreement under which True Value Company will acquire Yenkin-Majestic's consumer paint business, producing architectural coatings for home, agricultural, and specialty applications under the Majic brand name. "The acquisition of the Majic portfolio of products is an excellent strategic fit for True Value. The Majic paint brand deepens our strong portfolio of products, which today includes our flagship EasyCare brand, and enhances our capabilities in the agricultural and other specialty segments of the paint industry. Customers of both companies will benefit from the higher levels of investment that True Value plans to make in research and development, as well as improving supply chain resiliency and customer support." John Vanderpool, Division President, True Value Manufacturing & General Paint Chris Kempa, CEO of True Value Company said, "This acquisition is another example of True Value's commitment to investing in its business, aggressively pursuing growth and ensuring that our retailers have what they need to win in the marketplace." "True Value's focus on quality and service to paint retailers, and their commitment to the associates who power our organizations, mirror our company culture as a family-owned business," said Yenkin-Majestic President and CEO Andrew O. Smith. "True Value has been a respected partner of ours for many years, and we know they will take the Majic product line to new heights. We can think of no finer company to carry forward the legacy of our consumer paint business." He added, "This transaction also allows us to focus our resources and reinvest in our polymers business." About True Value Company True Value Company, headquartered in Chicago, is one of the world's leading hardlines wholesalers with a globally recognized brand and over 70 years of experience serving independent hardware retailers. True Value Company provides its customers in over 60 countries an expansive product set of market-customized assortments at highly competitive prices, superior product availability, innovative marketing programs and a la carte value-added services like eCommerce ship-to-store, store remodel support and True Value University, all within a flexible model that requires no membership. With 13 regional distribution centers, and approximately 2,500 associates serving over 4,500 stores, True Value Company celebrates independence and drives retail excellence across the U.S. and internationally. About Yenkin-Majestic The Yenkin-Majestic Paint Corporation, based in Columbus, OH, is the owner of OPC Polymers, one of North America's leading suppliers of coatings resins. OPC Polymers serves the paint industry through continuous innovation in its broad portfolio of alkyd, copolymer, and specialty resins. This family-owned business began in 1920.

Read More

CHEMICAL MANAGEMENT

Nippon Shokubai Obtains ISCC PLUS for Superabsorbent Polymers Derived from Caustic Soda Produced from Renewable Energy

Nippon Shokubai Co., Ltd. | March 07, 2022

Nippon Shokubai Co., Ltd. working to achieve carbon neutrality by 2050, announces that it has obtained ISCC PLUS certification from the International Sustainability and Carbon Certification system (ISCC) (*1) for superabsorbent polymers (SAP) made by its subsidiary Nippon Shokubai Europe N.V. (hereinafter NSE) from caustic soda produced using electricity generated from renewable energy. SAP, commonly used in disposable diapers, is mainly made from acrylic acid produced from propylene and caustic soda. In May 2021, NSE received ISCC PLUS certification (mass balance method (*2)) from ISCC for the production of SAP utilizing acrylic acid produced from biomass-derived propylene. It has now obtained ISCC PLUS certification for sustainable SAP made from caustic soda produced using electricity generated from renewable energy. Combining these certifications will contribute to reducing CO2 emissions throughout the product life cycle. Furthermore, Nippon Shokubai will establish a system that can supply bio-based/sustainable SAP in response to customer demand. In addition to these ISCC PLUS-certified SAP, Nippon Shokubai is engaged in the research and development of sustainable SAP that contribute to mitigating environmental impact, such as biodegradable SAP and recycled SAP from used disposable diapers. The Company will contribute to realizing a sustainable society by promoting these research and development activities. About Nippon Shokubai Co., Ltd Since its establishment in 1941, Nippon Shokubai has expanded its business with unique catalyst technology at its core. Nippon Shokubai has supplied ethylene oxide, acrylic acid, automobile catalysts, process catalysts and other products. It commands a top global share of superabsorbent polymers. Nippon Shokubai is a global chemical company operating under its corporate mission of "TechnoAmenity -- Providing affluence and comfort to people and society, with our unique technology."

Read More

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