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Whatech | April 23, 2020
As per the recent interim updates by the American Chemistry Council (ACC), there is significant uncertainty in the projections of the U.S. chemical industry as it analyzes the potential impacts of Covid-19 which has caused indefinite halt in the country’s manufacturing activities and muted trading. ACC projects the world trade to plummet by 10.5% this year as the pandemic brings a “perfect storm” to the global economy with U.S. experiencing the hardest blow as it reports ...
SASOL | November 17, 2020
Sasol Ltd. (Johannesburg, South Africa) announced that its low-density polyethlyene (LDPE) unit reached beneficial operation on 15 November 2020. The LDPE unit is the seventh and final Lake Charles Chemicals Project (LCCP) unit to come online. The LCCP is now 100 percent complete with total capital expenditure forecast to be within the previously communicated guidance of $12.8 billion.
“This milestone safely brings our Lake Charles Chemicals Project to a close and sets the s...
American Chemical Society | July 23, 2020
Miniaturized computer systems and wireless technology are offering scientists new ways to keep tabs on reactions without the need for larger, cumbersome equipment. In a proof-of-concept study in ACS Sensors, researchers describe an inexpensive new device that functions like a conventional magnetic stir bar, but that can automatically measure and transmit information on a solution's color, viscosity and a variety of other attributes to a smart phone or computer.
Solenis, Sigura | July 06, 2021
LOS ANGELES, Platinum Equity announced today that it has signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals used in water-intensive industries, from Clayton, Dubilier & Rice ("CD&R") and BASF in a transaction that implies an enterprise value for Solenis of $5.25 billion.
As part of the transaction, Solenis is expected to merge with Sigura Water, an existing Platinum Equity portfolio company the firm acquired in 2019...
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