Icumulus

CHEMICAL TECHNOLOGY

Ara Partners | October 07, 2021

Ara Partners ("Ara"), a private equity firm that specializes in industrial decarbonization investments, today announced that it has acquired Fluitron Inc. ("Fluitron" or the "Company"). Terms of the transaction were not disclosed. Based in Ivyland, Pennsylvania, Fluitron is a market leader in manufacturing industrial gas compression and dispensing equipment, including diaphragm compressors, pressure vessels, and other specialized products. Founded in 1976, Fl...

CHEMICAL TECHNOLOGY

IFF | August 27, 2021

IFF today announced it has entered into an agreement to sell its Microbial Control business unit to LANXESS, a leading specialty chemicals company that develops, manufactures and markets chemical intermediates, additives, specialty chemicals and plastics. The transaction is valued at $1.3 billion and the cash proceeds net of taxes and expenses will be primarily used to reduce outstanding debt. “Today’s announcement is part of a strategic portfolio review and is g...

CHEMICAL TECHNOLOGY

Cadmium | March 03, 2022

Cadmium and SB Expos & Events announced that they have formed a partnership that strengthens the software and service offerings of both organizations in the live event industry. The strategic alliance leverages managed services to help meeting planners maximize the value of event management technology. Cadmium is an award-winning event and learning technology provider offering continuing educational, professional development, and content management solutions. SB Expos & Ev...

CHEMICAL TECHNOLOGY

Azoty Grupa, Celanese | June 24, 2021

After it decided to cease its POM production, the Celanese Corporation, a global manufacturer of chemical and specialized materials, announced the acquisition by Grupa Azoty S.A. of Tarnow, Poland, of certain technologies polyacetal (POM) production products. To serve Azoty's clients, Celanese will accept all current contracts with Tarnoform. This transaction does not involve Azoty employees, physical assets, manufacturing facilities, or sales offices, except for certain equip...