Global Gums & Chemicals

Chemical Management, Products and Technologies

Prnewswire | April 25, 2023

CF Industries Holdings, Inc., the world's largest producer of ammonia, and NextEra Energy Resources, LLC, the world's largest generator of renewable energy from the wind and sun and a world leader in battery storage, announced a memorandum of understanding (MOU) for a joint venture to develop a zero-carbon-intensity hydrogen project at CF Industries' Verdigris Complex in Oklahoma. The proposed project was included in the funding application submitted to the U.S...

Chemical Management

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...

Chemical Technology

PTT | July 13, 2021

Thailand's PTT Global Chemical PCL will pay 4 billion euros (US$4.75 billion) to buy Allnex Holding GmbH, a European specialty chemicals producer, to expand its presence in high-value chemicals products. PTT Global stated in an exchange statement yesterday that it will buy all of Allnex Holding's common shares for 132.6 billion baht (US$4.1 billion) and assume 426 million euros in debts.According to the company, the acquisition would be financed with its cash and help from...

Chemical Technology

Chevron | September 09, 2022

Chevron Corporation through its affiliate Chevron Australia Pty Ltd, is part of three joint ventures that have been granted an interest in three greenhouse gas assessment permits offshore Australia. The blocks, including two in the Carnarvon Basin off the north-western coast of Western Australia and one in the Bonaparte Basin offshore Northern Territory, total more than 31,500 km2 or nearly 7.8 million acres – an area larger than Belgium. “...