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Chemical Management

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 o...

Chemical Technology

Air Liquide, BASF | November 22, 2021

Air Liquide and BASF are planning to develop the world’s largest cross-border Carbon Capture and Storage (CCS) value chain. The goal is to significantly reduce CO2 emissions at the industrial cluster in the port of Antwerp. The joint project “Kairos@C” has been selected for funding by the European Commission through its Innovation Fund, as one of the seven large-scale projects out of more than 300 applications. Kairos@C will be jointly developed by Air Liquide an...

Raw Materials, Market Outlook

prnewswire | August 11, 2023

BKV Corporation and NuQuest Energy LLC announced that they entered into a carbon sequestration agreement with the State of Louisiana to develop facilities and permanently sequester carbon dioxide from local emissions sources, supporting the goal to reduce their carbon footprints and supporting BKV's commitment toward achieving net-zero carbon emissions in its upstream businesses. The State of Louisiana granted the carbon storage and sequestration rights on approximately 21,0...

Chemical Management

The Chemours Company | July 27, 2021

The Chemours Company, a global chemistry company with market leadership positions in Titanium Technologies, Thermal & Specialized Solutions, Advanced Performance Materials, and Chemical Solutions, has entered into a definitive agreement to sell its Mining Solutions business to Draslovka Holding a.s. for $520 million in cash (representing 10 times 2020 Adjusted EBITDA)1. Subject to regulatory approvals and other normal closing conditions, the deal is anticipated to complete in the fourth quar...