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Solenis, Sigura | July 06, 2021
LOS ANGELES, Platinum Equity announced today that it has signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals used in water-intensive industries, from Clayton, Dubilier & Rice ("CD&R") and BASF in a transaction that implies an enterprise value for Solenis of $5.25 billion.
As part of the transaction, Solenis is expected to merge with Sigura Water, an existing Platinum Equity portfolio company the firm acquired in 2019...
National Law Review | March 04, 2020
Given the considerable industry stakeholder confusion and angst that has arisen related to the January 27, 2020, U.S. Environmental Protection Agency (EPA) Federal Register notice on identifying the preliminary lists of manufacturers (including importers) of the 20 chemical substances that EPA designated as high-priority substances for risk evaluation and for which fees will be charged (85 Fed. Reg. 4661), EPA leadership has repeatedly stated that EPA is considering options to alleviate these co...
Radio | January 30, 2020
The Westwego City Council listened to residents rail against the proposed $500-million chemical storage and distillation facility planned for the Kinder Morgan site on the Mississippi River in the community.
The vote came following a presentation from Wanhua's U.S. CEO Eduardo Do Val. Do Val reportedly couldn't provide adequate questions about the plant's operations, safety features, or about the chemical the plant would distill into a number of chemical components for p...
Knight Material Technologies | May 19, 2022
Knight Material Technologies located in Canton, Ohio, has acquired Electro Chemical Engineering and Manufacturing Co. located in Emmaus, PA. KMT is a leading service provider and manufacturer in the corrosion-resistant materials industry, and EC is a leader in high-performance fluoropolymer-lined vessels.
Combining the two companies' solutions will create a larger, complementary product offering that will drive expansion into new markets and industries. EC will benefit from KM...
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