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ADM, LG Chem | September 15, 2021
a leading global diversified chemical company, and ADM , a global leader in nutrition and biosolutions, announced today that they have signed a memorandum of understanding (MoU) to explore US-based production of lactic acid to meet growing demand for a wide variety of plant-based products, including bioplastics. Under the terms of the agreement, which was signed by ADM Chairman and CEO Juan Luciano and LG Chem Vice Chairman and CEO Hak Cheol Shin at ADM’s global headquarters in Chic...
LG Chem and t ADM | August 16, 2022
LG Chem a leading global diversified chemical company, and ADM a global leader in nutrition and biosolutions, today held a signing ceremony launching two joint ventures for U.S. production of lactic acid and polylactic acid to meet growing demand for a wide variety of plant-based products, including bioplastics. Pending final investment decisions, the joint ventures have chosen Decatur, Illinois, U.S., as the location of their intended production facilities. The first joint ventur...
Chemical Technology
PTT | July 13, 2021
Thailand's PTT Global Chemical PCL will pay 4 billion euros (US$4.75 billion) to buy Allnex Holding GmbH, a European specialty chemicals producer, to expand its presence in high-value chemicals products. PTT Global stated in an exchange statement yesterday that it will buy all of Allnex Holding's common shares for 132.6 billion baht (US$4.1 billion) and assume 426 million euros in debts.According to the company, the acquisition would be financed with its cash and help from...
EPA | March 06, 2020
The U.S. Environmental Protection Agency (EPA) announced a settlement with The Uni-Kool Partners (Uni-Kool) corporation to resolve alleged violations of the federal Clean Air Act. The violations pertain to chemical accident prevention requirements at Uni-Kool’s produce storage and distribution facility in Yuma. Uni-Kool will pay a $26,250 civil penalty and spend at least $98,438 to further improve environmental, health and safety conditions at the facility. Uni-Kool’s industrial refr...
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