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Westlake Chemical Corporation | February 01, 2022
Westlake Chemical Corporation today announced that it has completed the acquisition of Hexion Inc.’s global epoxy business for approximately $1.2 billion in an all-cash transaction. Based in Rotterdam, The Netherlands, the epoxy business, which will be branded as Westlake Epoxy, is an industry leader in the manufacture and development of specialty resins, coatings and composites for a variety of industries, including high-growth and sustainability-oriented end-uses such as wind turbine bla...
Chevron Corporation | March 01, 2022
Chevron Corporation and Renewable Energy Group, Inc. announced a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 billion, or $61.50 per share.
The acquisition combines REG’s growing renewable fuels production and leading feedstock capabilities with Chevron’s large manufacturing, distribution and commercial marketing position.
“REG was a founder of t...
Origin Materials | September 24, 2021
Origin Materials, Inc., the world’s leading carbon negative materials company, today announced it has joined the Alliance to End Plastic Waste, a global non-profit organization.
Members of the Alliance include industry leaders across the plastics value chain, working towards a common goal of developing, deploying and scaling solutions to end plastic waste in the environment. As a member of the Alliance, Origin will work with fellow members to drive innovation and build a sus...
Rigzone | February 26, 2020
The American Chemistry Council (ACC) reported Tuesday that one of its economic indicators suggests a growth trend for the broader U.S. economy for much of this year. “The CAB signals gains in U.S. commerce into the fourth quarter of 2020,” ACC Chief Economist Kevin Swift commented in a written statement, referencing the organization’s Chemical Activity Barometer (CAB). According to ACC, the CAB stems from a composite index of chemical industry activity and comprises four main c...
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