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Ara Partners | October 07, 2021
Ara Partners ("Ara"), a private equity firm that specializes in industrial decarbonization investments, today announced that it has acquired Fluitron Inc. ("Fluitron" or the "Company"). Terms of the transaction were not disclosed.
Based in Ivyland, Pennsylvania, Fluitron is a market leader in manufacturing industrial gas compression and dispensing equipment, including diaphragm compressors, pressure vessels, and other specialized products. Founded in 1976, Fl...
Chemstations | August 09, 2021
Chemstations, a worldwide leader in process simulation software serving the process industries, announces today its acquisition by Datacor, a leading provider of process manufacturing and chemical distribution software.
Datacor sells, supports, and develops Datacor ERM (formerly Chempax), the only ERP software designed from the ground up to meet the specific needs of the chemical distribution industry. Datacor ERP, the market leader, is utilized by more than 10,000 users worldwide...
ExxonMobil | January 12, 2022
ExxonMobil is expanding its interests in biofuels that can help reduce greenhouse gas emissions in the transportation sector, acquiring a 49.9% stake in Biojet AS, a Norwegian biofuels company that plans to convert forestry and wood-based construction waste into lower-emissions biofuels and biofuel components.
Biojet AS plans to develop up to five facilities to produce the biofuels and biofuel components. The company anticipates commercial production to begin in 2025 at a manufact...
Celanese Corporation | February 19, 2022
Celanese Corporation a global chemical and specialty materials company, announced the signing of a definitive agreement to acquire a majority1 of the Mobility & Materials business of DuPont for $11.0 billion in cash. Celanese will acquire a broad portfolio of engineered thermoplastics and elastomers, industry-renowned brands and intellectual property, global production assets, and a world-class organization.
“The acquisition of the M&M business ...
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