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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...
Global Market Insights Inc. | November 15, 2021
The heating & cooling market revenue is projected to cross USD 1,400 billion by 2027 as reported in the latest study by Global Market Insights Inc. owing to increasing energy consumption along with rising infrastructural spending. The introduction of green building standards along with favorable government reforms & policies to improve sustainable energy mixes will foster the industry landscape. Paradigm shift toward the integration of thermal energy storage technologies along with incre...
Daily Democrat | March 17, 2020
California’s rush to detect new cases of COVID-19 has been slowed by shortages of a key chemical needed to conduct the diagnostic tests, Gov. Gavin Newsom said Thursday. And because of this shortage, the federal government has restrictions on who gets tested, even as the cases and deaths mount. “My great concern is we could be testing a lot more people,” said Newsom. California now has 8,227 test kits sent by the U.S. Centers for Disease Control and Prevention, he said. The kit...
Benzinga | January 16, 2020
Leading executives representing the U.S., Canadian and Mexican chemical industries today publicly reaffirmed their support for U.S. ratification of the United States-Mexico-Canada Agreement (USMCA), also known as the Canada-United States-Mexico Agreement (CUSMA) in Canada and the Tratado entre México, Estados Unidos y Canadá (T-MEC) in Mexico. The announcement, led by American Chemistry Council (ACC) President and CEO, Chris Jahn; Chemistry Industry Association of Canada (CIAC) Pre...
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