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Chemical Management

Dow Chemical | January 28, 2021

The U.S. Environmental Protection Agency, the Department of Justice and the Louisiana Department of Environmental Quality (LDEQ) declared a settlement with Dow Chemical Company and two subsidiaries, Performance Materials NA Inc. what's more, Union Carbide Corporation, that will dispose of thousands of tons loads of air pollution from four of Dow's petrochemical manufacturing facilities in Texas and Louisiana. The settlement settle claims that Dow and its subsidiaries disre...

The guardian | June 18, 2020

US environmental regulators have decided they will not put restrictions on perchlorate – a rocket fuel ingredient known to harm fetal brain development – in drinking water. The Environmental Protection Agency argued that the federal government, states and public water systems have already taken proactive steps to reduce perchlorate levels. Perchlorate is found in rocket fuel, explosives, fireworks and other products. It can also be naturally occurring. The chemical disrupts the thyro...

Chemical Technology

Westlake | August 05, 2021

Westlake Chemical Corporation, today announced plans for one of its subsidiaries to acquire the parent company of Dimex LLC, from Grey Mountain Partners, a private equity firm. Based in Marietta, Ohio, Dimex produces a variety of consumer products made from post-industrial-recycled (PIR) polyvinyl chloride (PVC), polyethylene (PE) and thermoplastic elastomer (TPE) materials, and has annualized sales of approximately $100 million. These consumer products include landscape edging; industrial, home...

Chemical Technology

Trecora Resources | June 28, 2022

Balmoral Funds, LLC announced that it has successfully completed its previously announced acquisition of Trecora Resources at a price of $9.81 per share, net to each seller, in cash, without interest and subject to any required tax withholdings. With the completion of the acquisition, Trecora's stock will cease trading on the New York Stock Exchange and Trecora will no longer be listed on any public market. Blank Rome LLP served as legal advisor to Balmoral, and...