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Polytek | September 07, 2021
Polytek Development Corp, a manufacturer of specialty polymers for coating, mold making, and casting applications, announced today the acquisition of Specialty Resin & Chemical. Polytek is a portfolio company of Arsenal Capital Partners.
Founded in 2007 and located in Dowagiac, MI, Specialty Resin & Chemical is a supplier of user-friendly mold making, casting, and coating products, including bar top epoxy resin and polyurethane resin. They fit in well alongside Polytek'...
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 ...
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...
Charter Next Generation, Inc. | May 30, 2022
2.7 million metric tons of plastic waste are generated in the Philippines each year with about 20 percent ending up in the ocean. An estimated 163 million pieces of single-use plastics known as multilayer sachets are consumed daily in the Philippines.
Thanks to the generous new investment provided by Charter Next Generation, PLAF will continue to take on the challenge of collecting and recycling 100 tons per year of ocean-bound plastic waste over the next three years in the Philip...
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