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Westlake | August 05, 2021
Westlake Chemical Corporation, today announced plans for one of its subsidiaries to acquire the parent company of Dimex LLC, from Grey Mountain Partners, a private equity firm. Based in Marietta, Ohio, Dimex produces a variety of consumer products made from post-industrial-recycled (PIR) polyvinyl chloride (PVC), polyethylene (PE) and thermoplastic elastomer (TPE) materials, and has annualized sales of approximately $100 million. These consumer products include landscape edging; industrial, home...
Mlive | June 09, 2020
The coronavirus outbreak has pushed many businesses to innovate or retool with new areas of focus, and Howell’s Nyatex Adhesive and Chemical Co. is among them. The chemical company has a primary focus on automotive plastics and adhesives, but began producing hand and surface sanitizer once company President Jason Hulbert realized he had the means to do so. Hulbert said the company is always adjusting what it produces based on industry demands, and built-in access to the suppliers and chemi...
Venturebeat | June 11, 2020
In a study published this week in the Journal of Medicinal Chemistry, researchers at Google, in collaboration with X-Chem Pharmaceuticals, demonstrated an AI approach for identifying biologically active molecules using a combination of physical and virtual screening processes. It led to the creation of the Chemome Initiative, which launches today — a collaboration between Google’s Accelerated Science team and startup ZebiAI that aims to enable the discovery of many more small molecul...
ExxonMobil | January 28, 2020
At Exxon Mobil Corp (XOM.N), CEO Darren Woods’ plan to revive earnings at the largest U.S. oil and gas company is being sidetracked by the two businesses he knows best: chemicals and refining. Another year of poor profit could require Exxon to re-evaluate its bold spending plans or weaken its ability to weather the next oil-price downturn, say oil analysts. Exxon already must borrow or sell assets to help cover shareholder dividends. The world’s biggest publicly traded oil firm after...
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