Plastic Suppliers, Inc

Comes | September 03, 2020

The Society of Chemical Manufacturers & Affiliates (SOCMA) is pleased to announce it is returning to trade show ownership with the acquisition of the Specialty & Custom Chemicals Show, a trade show founded in 2019 and produced by Chemicals America. "As a galvanizing force for the specialty and custom chemical community, it is SOCMA's role and responsibility to connect the supply chain," said SOCMA President and CEO Jennifer Abril. "When we sold InformEx in 2005, it lef...

Chemical Management

Aramco | November 17, 2022

Aramco is making its biggest ever investment in South Korea to develop one of the world's largest refinery-integrated petrochemical steam crackers through its S-OIL affiliate, in line with the company's strategy to maximize the crude to chemicals value chain. The $7 billion Shaheen project aims to convert crude oil into petrochemical feedstock and would represent the first commercialization of Aramco and Lummus Technology's TC2C thermal crude to chemicals technology, w...

Chemical Management

Kinder Morgan, Inc. | August 12, 2022

Kinder Morgan, Inc. announced it has closed on the acquisition of North American Natural Resources, Inc. (NANR) and its sister companies, North American Biofuels, LLC and North American-Central, LLC. The $135 million acquisition in combined purchase price and related transaction costs includes seven landfill gas-to-power facilities in Michigan and Kentucky. Shortly following close, KMI will make a final investment decision (FID) on the conversion of up to four of the seven gas-to-...

Chemical Management

TPC Group | March 17, 2022

TPC Group announced that it got an extension to the Forbearance agreement until April 18 by Ad Hoc Group. Initially, the agreement was effective till March 18. The extended period of the agreement will allow economic stakeholders, representing 90% and 80% of its two series of senior secured notes, respectively, to aim towards strengthening its capital structure. In addition, in the extended period, the stakeholders will also discuss the company’s positioning to be more competitive in the f...