Challenge Chemicals

CHEMICAL MANAGEMENT

Odyssey Investment Partners, LLC | March 17, 2022

Odyssey Investment Partners, LLC a middle-market private equity firm, announced that its Fund has acquired Pexco LLC, a leading North American engineered plastic component supplier, from AEA Investors. Another Odyssey Fund previously owned Pexco from 2012 to 2017. Financial terms of the transaction were not disclosed. Based in Atlanta with manufacturing plants in the United States and Mexico, Pexco provides extrusion, design and fabrication of specialty plastic products for a wide...

CHEMICAL TECHNOLOGY

Wacker Chemical Corporation | October 29, 2021

In recognition of World Sustainability Day, the fourth Wednesday in October, Wacker Chemical Corporation employees participated in environmentally friendly activities this month. Their work honors WACKER's overall commitment of ensuring a better world for future generations. For a designated week each October, WACKER employees celebrate Sustainability Week to generate awareness and inspire community action to protect the environment. This year's company focus was placed on...

CHEMICAL TECHNOLOGY

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...

Prnewswire | August 18, 2020

Braskem, the largest polyolefins producer in the Americas and leading producer of biopolymers in the world, today announced the launch of its new INSPIRE polypropylene (PP) grade designed to replace polyethylene terephthalate (PET) in consumer packaging applications such as ready-made meals at grocery stores and fast casual restaurants when higher temperature resistance is needed. Braskem offers the new PP thermoforming grade, as part of its INSPIRE series, which can be an excellent replacement ...