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Odyssey Investment Partners, LLC | March 17, 2022
Odyssey Investment Partners, LLC a middle-market private equity firm, announced that its Fund has acquired Pexco LLC, a leading North American engineered plastic component supplier, from AEA Investors. Another Odyssey Fund previously owned Pexco from 2012 to 2017. Financial terms of the transaction were not disclosed. Based in Atlanta with manufacturing plants in the United States and Mexico, Pexco provides extrusion, design and fabrication of specialty plastic products for a wide...
PR Newswire | October 05, 2023
Lummus Technology, a global provider of process technologies and value-driven energy solutions, has announced an agreement with Dongyang Environment Group to deploy Lummus' advanced plastics recycling technology in South Korea. The plant will be located in Seosan, Chungcheongnam-do, Korea, and will be operated by Dongyang Environment's subsidiary, Seohae Green Chemical. &qu...
Chemical Technology, Science and Research
Albemarle | January 09, 2023
Albemarle Corporation, a pioneer in the leading global chemicals industry, announced that it had acquired a site in Charlotte, North Carolina, U.S., to build the Albemarle Technology Park. The company will invest at least 180 million dollars in constructing a world-class facility to boost novel materials research and advanced process development and accelerate the introduction of next-generation lithium products to the market. According to Kent Masters, the CEO of Albemarle, "...
Chemical Technology
Celanese Corporation | February 19, 2022
Celanese Corporation a global chemical and specialty materials company, announced the signing of a definitive agreement to acquire a majority1 of the Mobility & Materials business of DuPont for $11.0 billion in cash. Celanese will acquire a broad portfolio of engineered thermoplastics and elastomers, industry-renowned brands and intellectual property, global production assets, and a world-class organization. “The acquisition of the M&M business ...
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