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Svante | August 18, 2022
The following is an official statement about the US’s enactment of the Inflation Reduction Act, made by Claude Letourneau, President and CEO of leading Canadian carbon capture and removal solutions provider, Svante. The US’s Inflation Reduction Act, signed into law on Tuesday by President Biden, is a monumental bill that truly demonstrates America’s commitment to climate action and a way to monetize CO2 emissions to develop a viable carbon management industry. Read More
Chemical Technology
Ocular Therapeutix, Inc., Mosaic Biosciences, Inc. | June 30, 2021
Ocular Therapeutix, a biopharmaceutical company focused on the formulation, development, and commercialization of innovative therapies for eye diseases and conditions, has entered into a discovery collaboration with Mosaic Biosciences, Inc. to identify new targets and therapeutic agents for the treatment of Dry Age-related Macular Degeneration (dAMD). According to the terms of the agreement, the cooperation between Ocular Therapeutix and Mosaic will focus on discovering and develo...
Axalta | July 08, 2021
Axalta Coating Systems, a leading global supplier of liquid and powder coatings, announced today that it has entered into definitive agreements to acquire U-POL Holdings Limited from Graphite Capital Management LLP and other holders for £428 million (approximately $590 million), subject to certain adjustments stated in the transaction's Sale and Purchase Agreements. U-POL, located in the United Kingdom, was founded in 1948 and is a leading manufacturer of repair and refi...
Gevo, Inc. | July 14, 2022
Gevo, Inc. is pleased to announce a new fuel sales agreement with Aer Lingus, which is owned by International Airlines Group. The Agreement provides for Aer Lingus to purchase 6.3 million gallons per year of sustainable aviation fuel for five years from Gevo’s future commercial operations. Aer Lingus expects to commence fuelling its aircraft with SAF from Gevo in 2026. The expected value for the Agreement is deemed to be $173 million, inclusive of the value from environmental benefits for ...
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