ONLYCORECHEM

CHEMICAL TECHNOLOGY

Cadmium | March 03, 2022

Cadmium and SB Expos & Events announced that they have formed a partnership that strengthens the software and service offerings of both organizations in the live event industry. The strategic alliance leverages managed services to help meeting planners maximize the value of event management technology. Cadmium is an award-winning event and learning technology provider offering continuing educational, professional development, and content management solutions. SB Expos & Ev...

Braskem | August 18, 2020

Nippon Export and Investment Insurance (Nexi) has backed the build of a new polypropylene plant in Texas, after agreeing to provide insurance for a loan to Brazilian petrochemical firm Braskem. As part of the agreement, which comes with a tenor of 10.5 years, the Japanese credit insurance agency is insuring a US$225mn loan facility from ING Bank and BNP Paribas to Braskem. Nexi will cover 100% of political risks and 90% of commercial risks. The largest petrochemical firm in the Americas will use...

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 MANAGEMENT

Chevron | February 23, 2022

Chevron U.S.A. Inc., a subsidiary of Chevron Corporation and Bunge North America, Inc., a subsidiary of Bunge Limited announced the signing of definitive transaction agreements to create their previously announced joint venture. The new venture will create renewable feedstocks leveraging Bunge’s expertise in oilseed processing and farmer relationships and Chevron’s expertise in fuels manufacturing and marketing. The agreements are subject to customary closing conditions, including re...