Lehmann&Voss&Co. KG

Chemical Technology

Piper Sandler | July 14, 2021

The Valence Group at Piper Sandler & Co. announced today that it advised PTT Global Chemical Public Company Limited on its acquisition of Allnex, a leading global specialty chemical company focused on industrial coating resins, from Advent International for an enterprise value of €4.0 billion (approximately $4.75 billion). The company has about €2 billion in sales, an EBITDA margin of 17-19%, and a global production network of 33 cutting-edge manufacturing sites in 18 countries, 23...

Prnewswire | October 06, 2020

The U.S. oil, natural gas and chemicals (OG&C) industry slashed 107,000 jobs from March to August 2020, the fastest rate of layoffs in the industry's history. Heightening employment cyclicality and layoffs are challenging the industry's reputation as a reliable, long-term employer. The sensitivity of U.S. OG&C employment to oil prices is extremely high, with a dollar change in oil price potentially affecting 3,000 upstream and oilfield services jobs. In a business-as-usual scenar...

Prnewswire | August 20, 2020

Chemetry, a technology innovation company dedicated to the development of environmentally sustainable chemical processes with superior economics, and Braskem, the leading producer of thermoplastic resins in the Americas, will construct and operate a Demonstration Plant using Chemetry's eShuttle® technology for the production of ethylene dichloride (EDC) in Brazil. The eShuttle® EDC Process uses a unique metal halide ion process to produce high purity EDC, a commodity chemical u...

Chemical Technology

ExxonMobil | September 01, 2022

ExxonMobil affiliates have signed an agreement to sell all of ExxonMobil’s interests in the Aera oil-production operation in California to Green Gate Resources E, LLC, a subsidiary of IKAV. The transaction involves a share sale of Mobil California Exploration & Producing Asset Company. In addition, ExxonMobil affiliates have entered into a separate agreement for the sale of an associated loading facility and pipeline system. “Th...