AVENTA Group

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...

Agilyx | July 15, 2020

There are a number of chemical recyclers pitching proprietary technologies whereby wasted plastics can be converted to one of several categories. One involves converting plastic to the same or similar plastics; one involves making chemical raw material to refine into other plastics; another entails making fuel from plastics. Companies commonly focus on one of these three product categories. But Agilyx CEO Joe Vaillancourt says his company can make multiple products in each of thos...

Chemical Technology

Lummus Digital | July 01, 2022

Lummus Digital, an industry-leading integrated digital solution provider has announced it has entered into an agreement with LACC, LLC, a subsidiary of Lotte Chemical USA Corporation, as part of its digital transformation. Recently, an agreement was signed by Kyeong Jo Han, Executive Director of LACC and Nikhil Chauhan, Chief Strategy Officer of Lummus Digital. The alliance is aimed to support LACC's path to a digitalization roadmap, providing incremental business and economic...

Sciencedaily | August 31, 2020

Ethylene is the most important chemical precursor for ethanol and polyethylene and is mainly produced by steam cracking. Although the ethylene fraction is usually very pure (more than 99%), remaining traces of acetylene contaminants can destroy the catalysts used in downstream processes. As ethylene and acetylene are very similar and only differ in the amount of hydrogen atoms -- ethylene has four hydrogen atoms bound to two carbon atoms, acetylene has two -- the separation of both gases is elab...