Novoloop

Chemical Technology

Novoloop | September 23, 2022

Novoloop, an emerging leader in plastic circularity, announced its partnership with the Swiss sports brand On last night at an Elemental Excelerator event, as part of Climate Week in New York City. Novoloop’s thermoplastic polyurethane (TPU) – the world’s first chemically upcycled TPU – is featured as the outsole for On’s newest carbon capture consortium shoe, Cloudprime. The achievement is the result of a two year-long joint development, in which bot...

Chemical Management

Novoloop | June 03, 2022

Advanced upcycling startup Novoloop expands its Series A to $21 million through an oversubscribed extension led by Mistletoe Singapore and Hanwha Solutions. This nearly doubles the company's raise of $11 million announced in February, which sparked additional investor interest. "This round brings together mission-driven financial investors and industry strategics who believe in our vision of a circular economy for plastics. We're thrilled to make...

Nasdaq | January 15, 2020

Atotech, a Carlyle-backed specialty chemicals company carved out of Total, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.However, the deal size is likely a placeholder for an IPO that we estimate could raise $1 billion. The Berlin, Germany-based company was founded in 1993 and booked $1.2 billion in revenue for the 12 months ended September 30, 2019. It plans to list on the NYSE under the symbol ATC. Atotech filed confidentially on June 7, 2019. ...

PR Newswire | January 14, 2020

The new LDPE unit had not yet achieved beneficial operation (BO) as planned for in December 2019. The unit was in the final stages of commissioning and startup when the incident occurred. The unit has been shut down and an investigation is underway to determine the cause of the incident, the extent of the damage and resulting impact on the LDPE unit's BO schedule. All other Lake Charles units and previously commissioned LCCP units, namely the ethane cracker, ethylene glycol/ethylene oxide an...