Crest Chemicals

Chemical Management

PRNewswire | July 26, 2023

Allotrope Partners LLC Axens North America and Sumitomo Corporation of Americas announced the signing of an agreement to develop a Joint Study for a commercial plant producing cellulosic bioethanol, utilizing the Axens Futurol process, produced from woody biomass through Allotrope Cellulosic Development Company LLC ("ACDC"), a project development company based in the State of California. The project will use feedstock based on local Californian forest thinning material...

Chemical Technology

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 ...

Chemical Management

VanDeMark Chemical | September 08, 2022

VanDeMark Chemical, Inc. a leading global producer of life science chemistries, announced that funds advised by SK Capital Partners, LP have made an investment in the Company in partnership with existing co-owner Comvest Partners. SK Capital’s investment will serve as a catalyst for a new strategic direction as the Company seeks to deepen and expand its presence in fine chemistries for the global life science market. VanDeMark has been a platform company in Comvest’s private ...

Chemical Technology, Chemical Management

Piedmont Lithium | February 17, 2023

On February 16, 2023, Piedmont Lithium Inc., a leading global developer of lithium resources essential to the U.S. electric vehicle supply chain, announced that it has signed agreement with LG Chem, Ltd., whereby LG Chem will invest a $75 million equity in Piedmont and dedicate to the offtake of 200,000 metric tonnes of SC6 from Piedmont's jointly-owned North American Lithium (NAL) over a four-year. LG Chem will acquire 1,096,535 freshly issued shares of Piedmont common stoc...