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Chemical Technology
Lummus Digital | July 01, 2022
Lummus Digital, an industry-leading integrated digital solution provider has announced it has entered into an agreement with LACC, LLC, a subsidiary of Lotte Chemical USA Corporation, as part of its digital transformation. Recently, an agreement was signed by Kyeong Jo Han, Executive Director of LACC and Nikhil Chauhan, Chief Strategy Officer of Lummus Digital. The alliance is aimed to support LACC's path to a digitalization roadmap, providing incremental business and economic...
Chemical Management
Imperial Dade | May 19, 2022
Imperial Dade, a leading distributor of food service packaging and janitorial supplies, announced the acquisition of North Alabama Chemical. The transaction represents the 50th acquisition for Imperial Dade under the leadership of Robert and Jason Tillis, Chairman and CEO of Imperial Dade, respectively. Financial terms of the private transaction were not disclosed. Headquartered in Decatur, AL with two additional locations in Florence, AL and Huntsville, AL, NAC is a full-service ...
Peak Rock Capital | December 22, 2021
An affiliate of Peak Rock Capital ("Peak Rock"), a leading middle-market private investment firm, announced today that it has completed an acquisition of Xenon arc Inc. in partnership with the management team of the Company. Xenon arc is a leading technology-enabled provider of managed services to food & beverage, industrial, and chemical producer clients. The Company manages its clients' long tails of thousands of SMB customers collectively through its service o...
TPC Group | March 17, 2022
TPC Group announced that it got an extension to the Forbearance agreement until April 18 by Ad Hoc Group. Initially, the agreement was effective till March 18. The extended period of the agreement will allow economic stakeholders, representing 90% and 80% of its two series of senior secured notes, respectively, to aim towards strengthening its capital structure. In addition, in the extended period, the stakeholders will also discuss the company’s positioning to be more competitive in the f...
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