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PTT | July 13, 2021
Thailand's PTT Global Chemical PCL will pay 4 billion euros (US$4.75 billion) to buy Allnex Holding GmbH, a European specialty chemicals producer, to expand its presence in high-value chemicals products.
PTT Global stated in an exchange statement yesterday that it will buy all of Allnex Holding's common shares for 132.6 billion baht (US$4.1 billion) and assume 426 million euros in debts.According to the company, the acquisition would be financed with its cash and help from...
Chemical Processing | January 17, 2020
Specialty chemicals provider Vertellus acquires Bercen Chemicals, a U.S. supplier of alkyl succinic anhydrides and additives used in the fuel, lubricant and paper industries. The acquisition complements Vertellus’ current capabilities and the combined business is better positioned to service global customers, according to the company. Bercen’s gulf coast location with rail access reportedly supports the growing fuel and lube additive market in North America. Pilot facilities will als...
Prnewswire | October 14, 2020
The "Post-consumer Recycled Plastics Market by Polymer Type, Service, Processing Type (Mechanical, Chemical, Biological), End-use Application (Packaging, Building & Construction, Automotive, Electronics, Furniture, Others), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The global post-consumer recycled plastics market size is projected to grow from USD 14.2 billion in 2020 to USD 18.8 billion by 2025, at CAGR of 5.7%....
TeamViewer | September 04, 2020
TeamViewer, a leading global provider of secure remote connectivity solutions, has expanded its IoT offering and now offers a way to use artificial intelligence in maintenance. Until now, TeamViewer customers in the IoT field have been able to read sensors, set alarms and connect directly to a wide range of devices. Now an intelligent extension in predictive maintenance is being added. This helps to reduce downtimes and save costs...
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