Rainbow Middle East

Chemical Technology

UGI Corporation | January 06, 2022

UGI Corporation announced today that it has entered into a 15-year agreement with California-based technology developer, Vertimass, to utilize their catalytic technology to produce renewable fuels from renewable-ethanol in the U.S. and Europe. The agreement centers on the development of production facilities using Vertimass’ catalytic technology to convert renewable ethanol into renewable-propane and sustainable aviation fuel (SAF). The technology enables flexible production...

Chemical Management

Element Solutions Inc, Coventya | June 14, 2021

Element Solutions Inc., a global and diversified specialty chemicals company, announced today that it had made a binding offer to acquire Coventya Holding SAS, a global provider of specialty chemicals for the surface finishing industry. Under the terms of the offer, Element Solutions will pay approximately €420 million in cash, including the assumption or repayment of the debt, subject to certain adjustments. The transaction is expected to close in late Q3 or Q4 2021, subject to receipt of ...

Chemical Management

Sonoco Products Company | June 27, 2022

The first HolyGrail 2.0 sorting prototype was successfully validated in March this year following semi-industrial trials, using NIR and digital watermarks detection to sort packaging waste with a 99 percent detection rate and the potential to develop new, more granular post-consumer recycling streams. The Digital Watermarks Initiative HolyGrail 2.0, driven by AIM – European Brands Association, and powered by the Alliance to End Plastic Waste, has the goal of assessing whethe...

Chemical Management

Fulcrum BioEnergy, Inc. | July 13, 2022

Fulcrum BioEnergy Inc., a clean energy company pioneering the creation of renewable, drop-in transportation fuels from landfill waste, today announced that it has completed a $20 million equity investment in Fulcrum by SK Innovation, the energy arm of South Korea's SK Group. In addition, Fulcrum and SK Innovation will work together to enter into an exclusive licensing agreement providing the opportunity to explore the possibilities of bringing Fulcrum's patented and proprietary waste-to-...