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Chemical Management
Sasol ecoFT | June 23, 2022
German aircraft manufacturer Deutsche Aircraft and South African chemicals and energy company Sasol have signed a MoU on advancing technology for green hydrogen-based PtL-SAF in aviation. Sasol ecoFT and Deutsche Aircraft have both recognised the urgency in transitioning towards climate neutral aviation. The two companies thus plan to foster the certification of sustainable drop-in and non-drop-in jet fuels, more particularly the ramp-up of PtL-SAF for aviation. With its D328eco p...
BASF Corporation | August 05, 2022
BASF has announced it will produce more 2-Pyrrolidone and N-Octyl-2-Pyrrolidone (NOP) at its Geismar, Louisiana, Verbund site. The production is anticipated to be on-stream in the second half of 2022 and will ensure a global supply of HEP and NOP. "Our customers want to continue to grow in the ink, automotive and agricultural markets and will need increasing quantities for the foreseeable future. We can accompany these growth plans thanks to our double-d...
Hahn & Co. | June 09, 2022
South Korean private equity firm Hahn & Co. has announced that it has signed definitive agreements to acquire 100% of the polyester film business from South Korea's SK Group for KRW1.6 trillion. SK's PET film business is the largest in Korea and the fourth largest globally, with revenues of KRW1.13 trillion in 2021. The transaction represents one of the largest acquisitions in Korea and Asia to date this year. This transaction furthers Hahn & Co.'s focus on pri...
Principal Solar, Inc. | December 29, 2021
Principal Solar, Inc. a strategic investor in organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an investor in undervalued petroleum-producing properties, announced that it has reached an agreement with IntelliMedia/Apollo Green to convert its investment into a note with a return of capital and interest payable. The anticipated influx of capital resulting from this divestiture is expected to be utilized to fur...
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