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Raw Materials
Chemtrade | September 30, 2021
Chemtrade Logistics Income Fund announced that it has entered into a definitive agreement to sell its Potassium Chloride (KCl) and Vaccine Adjuvants businesses to Vertellus, a manufacturer of specialty products for various consumer goods, food and agriculture, healthcare and industrial markets, for approximately US$155 million. The transaction is expected to close during the fourth quarter of 2021 and is subject to customary closing conditions. Vertellus, a Pritzker Private ...
DBusiness | March 06, 2020
Houston’s Junction Capital Partners, a private equity firm, has acquired Wilkinson Chemical in Mayville, east of Frankenmuth. Wilkinson produces and sells calcium chloride solution, which is used for dust and ice control. The company will now operate under the name Wilkinson Solutions. Financial details of deal were not disclosed. “We’ve studied the market for an extended period and believe the acquisition of a long-standing player like Wilkinson provides a strategic foundation...
Chemical Management
Peak Rock Capital | December 22, 2021
An affiliate of Peak Rock Capital ("Peak Rock"), a leading middle-market private investment firm, announced today that it has completed an acquisition of Xenon arc Inc. in partnership with the management team of the Company. Xenon arc is a leading technology-enabled provider of managed services to food & beverage, industrial, and chemical producer clients. The Company manages its clients' long tails of thousands of SMB customers collectively through its service o...
Rigzone | February 26, 2020
The American Chemistry Council (ACC) reported Tuesday that one of its economic indicators suggests a growth trend for the broader U.S. economy for much of this year. “The CAB signals gains in U.S. commerce into the fourth quarter of 2020,” ACC Chief Economist Kevin Swift commented in a written statement, referencing the organization’s Chemical Activity Barometer (CAB). According to ACC, the CAB stems from a composite index of chemical industry activity and comprises four main c...
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