ICA Group

Chemical Management

Businesswire | August 08, 2023

Origin Materials, Inc. the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, today announced it has created “all PET” (polyethylene terephthalate) bottle caps, making “100% recycled PET” possible from cap to bottle to improve post-consumer recycling. Origin’s PET caps are more sustainable than common alternatives because they may be produced with any type of PET, f...

Scientific American | January 24, 2020

The Sunshine Project, a gargantuan petrochemical complex planned on 2,500 acres along the Mississippi River south of Baton Rouge, La., will be one of the largest greenhouse gas emitters in America when it becomes fully operational in 2029. Earlier this month, Louisiana regulators approved an air quality permit that will allow the facility to pump 13.6 million tons of carbon dioxide into the atmosphere every year. That’s equivalent to adding 2.6 million cars to the road annually. No industr...

Chemical Management

Afton Chemical | July 21, 2022

Afton Chemical Corporation, a global leader in petroleum additives, announced the recent completion of a $70 MM USD investment in its Sauget, IL Plant’s Automatic Transmission Fluid additive production facility. The investment will help support the growing needs of oil marketers and Original Equipment Manufacturers for next-generation developments in electric vehicle fluids, including hybrid and battery electric vehicles. The improvements will also provide additional capabil...

Chemical Management

Odyssey Investment Partners, LLC | March 17, 2022

Odyssey Investment Partners, LLC a middle-market private equity firm, announced that its Fund has acquired Pexco LLC, a leading North American engineered plastic component supplier, from AEA Investors. Another Odyssey Fund previously owned Pexco from 2012 to 2017. Financial terms of the transaction were not disclosed. Based in Atlanta with manufacturing plants in the United States and Mexico, Pexco provides extrusion, design and fabrication of specialty plastic products for a wide...