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Piper Sandler | July 14, 2021
The Valence Group at Piper Sandler & Co. announced today that it advised PTT Global Chemical Public Company Limited on its acquisition of Allnex, a leading global specialty chemical company focused on industrial coating resins, from Advent International for an enterprise value of €4.0 billion (approximately $4.75 billion). The company has about €2 billion in sales, an EBITDA margin of 17-19%, and a global production network of 33 cutting-edge manufacturing sites in 18 countries, 23...
PTTGC International | July 16, 2021
PTTGC International (Netherlands) B.V., a fully owned subsidiary of PTT Global Chemical Public Company Limited, has signed a deal to purchase industrial coating resins producer Allnex Holding GmbH from Allnex Holdings S.à.r.l and Allnex S.à.r.l, funds advised by Advent International.
The purchase allows G.C. Group to expand its business portfolio into specialty chemicals and enhance its leadership position in the chemicals industry by integrating environmentally frie...
Liberian Observer | January 13, 2020
The Environmental Protection Agency (EPA) has with immediate effect ordered the repatriation of four 40-feet containers of hazardous chemicals to Greece, from where they were brought, before entering Liberia. According to EPA Executive Director Nathaniel Blama, the chemical on the containers were fast tracked by the Liberia Revenue Authority (LRA) while conducting its regular inspection of cargos that are brought into the country. The EPA Director said the chemical when disposed of in any ...
Firstpost | January 13, 2020
The carbon footprint in the chemical industry is likely to reduce as engineers from Rice University have invented a light-powered nanoparticle to help the cause. They are tiny spheres of copper dotted with single atoms of ruthenium, is the prime ingredient in composing a green process for developing synthesis gas, commonly known as syngas, the valuable chemical feedstock generally used to make fertilizer, fuels, and many other products. Researchers from Rice, UCLA and the University of Californi...
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