Distrupol

Chemical Technology

DISTRUPOL | June 17, 2021

Distrupol, a major European distributor of thermoplastics and elastomers to the polymer processing industry and a subsidiary of GPD Companies, Inc., announced the acquisition of Lautrup Chemicals A/S today. The transaction's terms were not disclosed. Lautrup Chemicals, founded in 1982 by Chief Executive Officer and President Hans Lautrup, is the biggest distributor of polymers in Scandinavia. The Company offers a varied client base in the Nordic area and Eastern and Southern E...

Nasdaq | January 15, 2020

Atotech, a Carlyle-backed specialty chemicals company carved out of Total, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.However, the deal size is likely a placeholder for an IPO that we estimate could raise $1 billion. The Berlin, Germany-based company was founded in 1993 and booked $1.2 billion in revenue for the 12 months ended September 30, 2019. It plans to list on the NYSE under the symbol ATC. Atotech filed confidentially on June 7, 2019. ...

PR Newswire | January 14, 2020

The new LDPE unit had not yet achieved beneficial operation (BO) as planned for in December 2019. The unit was in the final stages of commissioning and startup when the incident occurred. The unit has been shut down and an investigation is underway to determine the cause of the incident, the extent of the damage and resulting impact on the LDPE unit's BO schedule. All other Lake Charles units and previously commissioned LCCP units, namely the ethane cracker, ethylene glycol/ethylene oxide an...

Chemical Technology | January 13, 2020

German specialty chemicals company Lanxess has completed the sale of its chrome chemicals business to Chinese leather chemicals producer Brother Enterprises for €80m ($89m). The deal was first announced on 12 August last year, when the two companies signed an agreement. Lanxess noted that the transaction obtained all the necessary approvals from the relevant antitrust authorities. A part of Lanxess Leather business unit, the chrome chemicals business has been generating an annual revenue of...