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Resource Recycling | March 05, 2020
Mitsubishi Chemical Corporation has purchased two European plastics recycling companies focusing on engineered plastics, bringing supply of these recycled resins in-house. The Tokyo-headquartered chemical firm last week announced it would acquire Swiss recycling firms Minger Kunststofftechnik AG and Minger Plastic AG. The deal was slated to close by the end of February. In its announcement, Mitsubishi described the acquisition as part of its plan to implement a variety of sustainability initiati...
UGI Corporation | January 06, 2022
UGI Corporation announced today that it has entered into a 15-year agreement with California-based technology developer, Vertimass, to utilize their catalytic technology to produce renewable fuels from renewable-ethanol in the U.S. and Europe.
The agreement centers on the development of production facilities using Vertimass’ catalytic technology to convert renewable ethanol into renewable-propane and sustainable aviation fuel (SAF). The technology enables flexible production...
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...
One Rock Capital Partners LLC, Eastman | June 10, 2021
One Rock Capital Partners, LLC stated that one of its affiliates has agreed to acquire Eastman Chemical Company's tire additives business.
With an unmatched asset presence and exceptional technical services, Eastman's tire additives business is a global leader in critical specialty chemicals for the tire industry. The company develops, manufactures, and distributes insoluble sulfur, antidegradants, and post-vulcanization stabilizers, which allow tire producers to achieve i...
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