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Policy and Perspectives, Chemical Management
Marathon Oil Corporation | January 10, 2023
Marathon Oil Corporation announced the completion of its acquisition of Ensign Natural Resources' Eagle Ford assets for a total cash consideration of $3.0 billion. The acquisition was announced earlier, on November 2, 2022. Lee Tillman, Chairman, President, and CEO, said, "We are pleased to announce the close of our acquisition of Ensign's high-quality assets in the core of the Eagle Ford Shale." He further added, "This acquisition satisfies every element of...
Chemical Technology
Solenis, Sigura | July 06, 2021
LOS ANGELES, Platinum Equity announced today that it has signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals used in water-intensive industries, from Clayton, Dubilier & Rice ("CD&R") and BASF in a transaction that implies an enterprise value for Solenis of $5.25 billion. As part of the transaction, Solenis is expected to merge with Sigura Water, an existing Platinum Equity portfolio company the firm acquired in 2019...
EPA | January 14, 2020
A Torrance, Calif.-based petroleum refinery has agreed to pay $125,000 after violating the Clean Air Act’s Chemical Accident Prevention Program. The U.S. Environmental Protection Agency settled with Torrance Refining Company LLC after discovering deficiencies in its chemical safety and risk management plan. “It is critical for the refinery to maintain an up-to-date and accurate Risk Management Plan,” said EPA Pacific Southwest Regional Administrator Mike Stoker in a statement.&...
Chemical Management
PRNewswire | May 09, 2023
Lummus Technology, a global provider of process technologies and value-driven energy solutions, and Texplore Co., Ltd. a wholly owned subsidiary of SCG Chemicals Public Co., Ltd. (SCGC), announced a commercial cooperation agreement to license and market EXCENE™, Texplore's high-density polyethylene technology. Leadership from both companies recently participated in a signing ceremony in Bangkok, Thailand. "Licensing Texplore's HDPE technology builds on our rec...
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