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Piper Sandler | July 14, 2021
The Valence Group at Piper Sandler & Co. announced today that it advised PTT Global Chemical Public Company Limited on its acquisition of Allnex, a leading global specialty chemical company focused on industrial coating resins, from Advent International for an enterprise value of €4.0 billion (approximately $4.75 billion). The company has about €2 billion in sales, an EBITDA margin of 17-19%, and a global production network of 33 cutting-edge manufacturing sites in 18 countries, 23...
Enterprise, NOVA Chemicals | July 02, 2021
Enterprise Products Partners L.P. and NOVA Chemicals Corporation announced today that an Enterprise subsidiary has acquired a wholly owned subsidiary of NOVA Chemicals, which runs an ethylene storage business and trading center in Mont Belvieu, Texas. NOVA Chemicals, a major merchant ethylene producer and marketer on the Gulf Coast of the United States, will be a long-term storage client in the Enterprise system.
Enterprise Products Partners L.P. is a major North American supplier...
FOX 32 Chicago | April 09, 2020
While a lot of businesses are closing and laying off workers, it’s full speed ahead at Seeler Industries in Joliet. The mom and pop company manufactures a chemical that’s at the forefront in the fight against the COVID-19 pandemic. “We’re just trying to make the best of a very difficult situation,” said Steve Seeler, Owner. The family-owned chemical manufacturing plant is the nation’s leading supplier of Peracetic Acid, or what you might call the COVID-19 Kill...
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...
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