PureLine

Zymergen | September 09, 2020

Science and material innovation company Zymergen today announced $300M in new investment to accelerate its delivery of revolutionary, high performance materials. The investment includes initial Series D funding led by Baillie Gifford, joined by Baron Capital Group and one of the world's largest sovereign wealth funds, as well as additional growth financing from Perceptive Advisors. A number of current investors are also returning, and Zymergen expects to raise additional capital in Q4 as par...

Hydrocarbon Engineering | January 13, 2020

Shell has recently announced it has signed a Memorandum of Understanding with CNOOC Oil & Petrochemicals Co. Ltd to explore its first commercial-scale polycarbonate (PC) production unit, which would be located at the CNOOC and Shell Petrochemical Co. (CSPC) joint-venture chemicals complex in Huizhou, China. As an interim step, Shell has started constructing a PC development unit at its Jurong Island chemicals plant in Singapore. An expanded and differentiated product range is a key part of S...

Chemical Technology, Chemical Management

Talos Energy Inc. | February 15, 2023

Talos Energy Inc. announces that its previously disclosed acquisition of EnVen Energy Corporation has been finalized. The firm anticipates providing investors with 2023 financial and operational guidance for the merged company simultaneously with the full year 2022 results press release to be delivered on February 28, 2023. Upon completion of the transaction, Talos will now have about 126,370,000 shares of outstanding common stock and a market value of approximately $2.5 billion...

Chemical Technology

Twelve | July 04, 2022

Twelve, the carbon transformation company, is announcing $130 million in Series B and additional funding to scale the engineering, manufacturing, and deployment of its industrial-scale carbon transformation technology for the creation of a wide range of products with a lower carbon footprint. Twelve’s carbon transformation technology converts captured CO2 into products historically made from fossil fuels. According to research from Columbia’s SIPA Center on Global Ener...