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Clariant, SK Capital, Heubach Group | June 15, 2021
Clariant, a focused, sustainable, and innovative specialty chemical company, announced today that it had reached definitive agreements for the sale of its Pigments business to a consortium led by Heubach Group and SK Capital Partners for an Enterprise Value (EV) ranging from CHF 805 million to CHF 855 million on a cash and debt-free basis, subject to a CHF 50 million earn-out payment contingent on the This is a multiple of 10.7 to 11.4 times the standalone adjusted 12-month EBITDA as of April 20...
Lummus Technology, Phigenesis Limited | November 23, 2021
Lummus Technology, through its Green Circle subsidiary, announced that it has finalized a Letter of Intent (LOI) with Phigenesis, a UK-based company established to deliver ISCC+ certified renewable chemical feedstock for use in existing petrochemical plants to manufacture virgin grade plastics, suitable for all grades of application.
Under the agreement, Phigenesis will deploy the Lummus New Hope Plastics Pyrolyisis Technology for a new chemical recycling facility with a capacity ...
U.S. News | January 30, 2020
Members of a Louisiana city council surprised residents and a representative from a Chinese chemical company at a public hearing by voting to turn down the company's request to build a plant. A vote had not been scheduled for Tuesday night's public hearing in Westwego, news outlets reported. The meeting was intended to provide information about a proposal from Wanhua to build a storage and distribution facility. Eduardo Doval, CEO of the company's U.S. operations, gave a presentation...
Agilis Chemicals | October 01, 2020
Agilis Chemicals, a leading provider of commerce platform for the chemical industry, announced today a collaboration with UL, a leading safety science company. As part of the collaboration agreement, Agilis shall extend its flagship commerce platform to more than 4500 suppliers and hundreds of thousands of end-users of chemicals on the UL Prospector® platform, the largest network of chemical buyers and suppliers in the world....
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