Kanto Corporation

Technology networks | May 21, 2020

A faster, more efficient way of recycling plant-based “bioplastics” has been developed by a team of scientists at the Universities of Birmingham and Bath. The team has shown how their chemical recycling method not only speeds up the process, it can also be converted into a new product – a biodegradable solvent – which can be sold for use in a wide variety of industries including cosmetics and pharmaceuticals. Bioplastics, made from polylactic acid (PLA), are becomin...

Chemical Technology

Olon Group | October 25, 2021

The Olon Group announces the creation of an international network of scientific excellence to launch large-scale biocatalysis as an industrial technology used within its production facilities in Italy and around the world. The partnership, bringing together some of the most advanced expertise in the field of biocatalysis from both academic and industrial spheres, unites the Olon Group, Biosphere — an Italian SME specialised in fermentation and industrial biotechnology — and the Bioca...

Chemical Technology

Laredo Petroleum, Inc. | August 18, 2022

Laredo Petroleum, Inc. announced the signing of a purchase and sale agreement to divest certain non-operated properties in Howard County for $110 million, subject to customary closing price adjustments. The transaction is expected to close in October 2022, with an effective date of August 1, 2022. The non-operated assets comprise ~1,650 net acres and have expected full-year 2023 average net production of ~1,800 BOEPD. The Company plans to adjust production guidance post the closin...

Chemical Management

Imperial Petroleum Inc. | March 21, 2022

Imperial Petroleum Inc. announced the pricing of an upsized underwritten public offering of 37,500,000 units at a price of $1.60 per unit. Each unit consists of one common share and one Class B warrant to purchase one common share, and will immediately separate upon issuance. The gross proceeds of the offering to the Company, before underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $60 million. The Company intends to use the n...