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Piper Sandler | July 14, 2021
The Valence Group at Piper Sandler & Co. announced today that it advised PTT Global Chemical Public Company Limited on its acquisition of Allnex, a leading global specialty chemical company focused on industrial coating resins, from Advent International for an enterprise value of €4.0 billion (approximately $4.75 billion). The company has about €2 billion in sales, an EBITDA margin of 17-19%, and a global production network of 33 cutting-edge manufacturing sites in 18 countries, 23...
GRAHAM CORPORATION | April 01, 2022
a global business that designs, manufactures and sells critical equipment for the defense/space, energy/new energy and chemical/petrochemical industries, today announced the amendment to its five-year term loan and line
of credit agreement which suspended the financial covenants through September 30, 2022.
Key terms of the amendment include the following
Waiver of the maximum total leverage ratio and minimum fixed charge coverage requirements t...
Houston Chronicle | April 06, 2020
The Woodlands petrochemical company Huntsman is switching production at an Alabama plant to make hand sanitizer that will be sent to health care facilities nationwide as they combat the coronavirus, the company said Monday. The plant in McIntosh normally makes coatings and adhesives for the aerospace, wind energy and automotive industries. The first 5-ton shipment of hand sanitizer will be donated to the Huntsman Cancer Institute and associated medical facilities at the University of Utah in Sal...
Ceresana | October 02, 2020
Why complicate things when you can make them simple? Colorants and flavors for beverages are often not directly mixed with water and prefabricated, ready-to-use syrup concentrates are used instead. In the production of plastics, too, so-called masterbatches – granules with a high concentration of colorants, other additives, or fillers – are preferred to powders, pastes, or liquid additives. Premixed concentrates with precisely defined properties facilitate processing and increase pro...
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