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SASOL | November 17, 2020
Sasol Ltd. (Johannesburg, South Africa) announced that its low-density polyethlyene (LDPE) unit reached beneficial operation on 15 November 2020. The LDPE unit is the seventh and final Lake Charles Chemicals Project (LCCP) unit to come online. The LCCP is now 100 percent complete with total capital expenditure forecast to be within the previously communicated guidance of $12.8 billion.
“This milestone safely brings our Lake Charles Chemicals Project to a close and sets the s...
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...
NRDC, EPA | July 17, 2020
NRDC (the Natural Resources Defense Council) together with partners, today asked a federal court to review the Environmental Protection Agency’s woefully inadequate process for evaluating risks of the toxic chemical methylene chloride. A solvent used in paint strippers and other products, methylene chloride has already been linked to some 60 deaths, at least 4 of which occurred after the EPA refused to finalize a ban on its use in paint strippers.
“This is the ag...
Chemtrade | September 30, 2021
Chemtrade Logistics Income Fund announced that it has entered into a definitive agreement to sell its Potassium Chloride (KCl) and Vaccine Adjuvants businesses to Vertellus, a manufacturer of specialty products for various consumer goods, food and agriculture, healthcare and industrial markets, for approximately US$155 million. The transaction is expected to close during the fourth quarter of 2021 and is subject to customary closing conditions.
Vertellus, a Pritzker Private ...
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