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Chemical Technology
Technip Energies | October 17, 2022
Yuri Sebregts, Executive Vice President of technology of Shell, said: of collaboration by strengthening their strategic alliance, which aims to drive cost-effective, large-scale carbon capture and storage (CCS) projects by providing a combination of state-of-the-art technology and project management excellence. The strategic alliance consists of an integrated collaboration for the joint promotion, marketing, licensing and execution of projects using Shell’s CANSOLV(1) CO2 ca...
Trecora Resources | June 28, 2022
Balmoral Funds, LLC announced that it has successfully completed its previously announced acquisition of Trecora Resources at a price of $9.81 per share, net to each seller, in cash, without interest and subject to any required tax withholdings. With the completion of the acquisition, Trecora's stock will cease trading on the New York Stock Exchange and Trecora will no longer be listed on any public market. Blank Rome LLP served as legal advisor to Balmoral, and...
Chemical Management
RELEX Solutions | June 10, 2022
RELEX Solutions, provider of AI-driven supply chain and retail planning solutions, announced today that they have retroactively achieved carbon neutrality for 2021 and begun compensating annually for their emissions. RELEX partnered with offsetting provider Compensate to calculate and offset their carbon footprint. In practice, this means the company successfully removed or avoided 2,544 tonnes of CO2 emissions. RELEX reached the milestone through investments in two initiatives: a...
Prnewswire | October 23, 2020
According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI) rose 0.8 percent in September following a 0.8 percent gain in August and a 1.0 percent increase in July. During September, chemical output expanded in all regions, with the largest gains occurring in the Northeast. The U.S. CPRI is measured on a three-month moving average (3MMA) basis. In September, chemical production continued to improve in many segments, including, chlor-alkali, organic ...
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