Merichem Company

CHEMICAL MANAGEMENT

Huntsman | January 20, 2021

Huntsman Corporation (NYSE: HUN) today announced it completed the acquisition of Gabriel Performance Products (Gabriel), a North American specialty chemical manufacturer of specialty additives and epoxy curing agents for the coatings, adhesives, sealants and composite end-markets, from Audax Private Equity. Huntsman paid $250 million, subject to customary closing adjustments, in an all-cash transaction funded from available liquidity. Gabriel had 2019 revenues of approximately $106 millio...

CHEMICAL TECHNOLOGY

KBR | August 03, 2021

KBR and Petron Scientech Inc. (PSI) announced today that they have signed an alliance agreement to license differentiated, energy-efficient, and sustainable technologies for renewable chemicals production. Under this agreement, KBR will be the exclusive licensor for PSI's Ethylene Oxide / Ethylene Glycol (K-MEG℠), Alcohol Dehydration (K-SEET℠) and Maleic Anhydride (Max-Leic℠) technologies, which are used to convert ethanol into ethylene and further derivative chemicals used in...

CHEMICAL MANAGEMENT

Terrestrial Energy Inc. | April 27, 2022

Terrestrial Energy USA, a leading developer of Generation IV fission technology, has joined the Fuel Cell and Hydrogen Energy Association, the national industry association for the fast growing fuel cell and hydrogen sectors. FCHEA and Terrestrial Energy agree that hydrogen has great potential as a clean energy source for industrial and other uses that can help decarbonize our economy. Based in Washington, FCHEA represents some 80 companies and organizations in the hydrogen and fu...

CHEMICAL TECHNOLOGY

INDAVER, DOCKWATER | June 01, 2021

AVAIO Capital announced that its subsidiary DOCKWATER BV has signed memorandums of understanding with INDAVER NV and MONUMENT CHEMICAL BV. It would provide them with sustainable process water from its DOCKWATER desalination facility in the Port of Antwerp for an 18-year term. DOCKWATER presently has agreements with five companies (Covestro, Evonik, Ashland, INDAVER, and MONUMENT) that have decided to seek a sustainable solution for their water requirements, reducing their expenses...