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Clariant, SK Capital, Heubach Group | June 15, 2021
Clariant, a focused, sustainable, and innovative specialty chemical company, announced today that it had reached definitive agreements for the sale of its Pigments business to a consortium led by Heubach Group and SK Capital Partners for an Enterprise Value (EV) ranging from CHF 805 million to CHF 855 million on a cash and debt-free basis, subject to a CHF 50 million earn-out payment contingent on the This is a multiple of 10.7 to 11.4 times the standalone adjusted 12-month EBITDA as of April 20...
EurekAlert | March 03, 2020
VTT and its business partners have launched a two-year project to develop a concept for a process to capture and utilise carbon dioxide. The aim is to utilise the carbon dioxide produced during bioenergy production as a raw material for speciality chemicals. As certain end products have a long lifecycle, the concept may even lead to negative emissions, that is, products that act as carbon sinks. Carbon dioxide can be captured both from the thin air and from processes at power plants and producti...
Ink World Magazine | April 15, 2020
As a result of the recent COVID-19 pandemic, Sun Chemical Latin America will implement a surcharge on solvent-based inks and varnishes and will communicate the effective date directly to customers. Surcharges will vary depending on product types. The pandemic has caused a global shortage and supply volatility for raw materials throughout the world, most notably, solvents and alcohols. The supply, which had been previously limited due to an increased demand for ethanol fuel, continues to narrow a...
Recycling International | January 23, 2020
Plastics recycling pioneer Pyrowave is one of 14 Canadian tech companies to benefit from a total of EUR 32 million from a government foundation backing innovative clean technologies. Pyrowave will receive over EUR 3.7 million, according to Navdeep Bains, Canadian minister of innovation, science and economic development. The ‘strategic investment’ comes from Sustainable Development Technology Canada (SDTC) to enhance the company’s chemical plastic-to-plastic recycling process. P...
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