Molekula Group

Zymergen | September 09, 2020

Science and material innovation company Zymergen today announced $300M in new investment to accelerate its delivery of revolutionary, high performance materials. The investment includes initial Series D funding led by Baillie Gifford, joined by Baron Capital Group and one of the world's largest sovereign wealth funds, as well as additional growth financing from Perceptive Advisors. A number of current investors are also returning, and Zymergen expects to raise additional capital in Q4 as par...

CHEMICAL MANAGEMENT

ExxonMobil | December 08, 2021

ExxonMobil Chemical Company has acquired California-based Materia, Inc., a technology company that has pioneered the development of a Nobel prize-winning technology for manufacturing a new class of materials. The innovative materials can be used in a number of applications, including wind turbine blades, electric vehicle parts, sustainable construction, and anticorrosive coatings. ExxonMobil and Materia have been collaborating since 2017 on the development of new hydrocarbon-based...

S&P Global | April 07, 2020

Following are key facts about the unprecedented challenges and uncertainty faced by the European petrochemical industry due to the coronavirus pandemic and government restrictions on movement in an attempt to limit its spread. As supply-chain concerns in Europe continue to rise, market players will be faced with the prospect of cutting rates regardless of margins. Talks of end product production closures are expected to feedback into feedstock petrochemicals in the coming months. "Europe cu...

CHEMICAL TECHNOLOGY

Chemours Company | May 12, 2022

The Chemours Company a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, today announced its participation in a fundraising for Wilmington, Delaware-based Versogen Inc., a leader in developing anion exchange membrane technology for use in hydrogen production. Founded by University of Delaware professor Yushan Yan, Versogen’s AEM technology offers a reliable and affordable way to produce ...