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IFF | August 27, 2021
IFF today announced it has entered into an agreement to sell its Microbial Control business unit to LANXESS, a leading specialty chemicals company that develops, manufactures and markets chemical intermediates, additives, specialty chemicals and plastics. The transaction is valued at $1.3 billion and the cash proceeds net of taxes and expenses will be primarily used to reduce outstanding debt.
“Today’s announcement is part of a strategic portfolio review and is g...
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...
PR Newswire | January 28, 2020
SOCMA is pleased to announce two new services for the chemical industry – a modernized Chemical Operations Tool and a new Career Center – that will assist companies in addressing workforce development challenges. "SOCMA understands the ongoing challenge in finding qualified workers and ensuring that new and existing workers receive quality training," said Jennifer Abril, SOCMA President and CEO. "We also realize a new generation of workers is coming into the industry a...
Clean Energy Systems, Inc. | July 13, 2022
Clean Energy Systems, Inc. announced that it entered into an agreement to acquire the idled Madera Biomass Power Plant. CES intends to convert the existing facility into a Biomass Carbon Removal and Storage Facility.
"We are excited for the opportunity to expand our efforts to address the challenges of climate change, improve air quality in the Central Valley and make a vital contribution to the local economy by converting an idled biomass plant in...
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