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SASOL | November 17, 2020
Sasol Ltd. (Johannesburg, South Africa) announced that its low-density polyethlyene (LDPE) unit reached beneficial operation on 15 November 2020. The LDPE unit is the seventh and final Lake Charles Chemicals Project (LCCP) unit to come online. The LCCP is now 100 percent complete with total capital expenditure forecast to be within the previously communicated guidance of $12.8 billion. “This milestone safely brings our Lake Charles Chemicals Project to a close and sets the s...
Styrenics Circular Solutions | June 25, 2021
Styrenics Circular Solutions (SCS), a value chain initiative to increase the circularity of styrenic polymers, welcomed European Plastics Converters (EuPC) as a new member today. EuPC is the professional representing the organization of 55.000 European plastics converters, whose activities span all areas of the plastics converting industry, including recycling. In addition, national plastics organizations and sector organizations in the plastics converting industry are among its m...
Fibre2Fashion | March 03, 2020
As coronavirus spreads from one region of the world to another, Sun Chemical is conducting diligent inventory analyses of key intermediates, raw materials and finished goods inventories. Sun Chemical, a member of DIC group, is a producer of printing inks, coatings and supplies, pigments, polymers, liquid compounds, solid compounds, and application materials. To procure several thousand materials on a regular basis and manage each one requires details of on-hand inventories, those that are in-tra...
Piper Sandler | July 14, 2021
The Valence Group at Piper Sandler & Co. announced today that it advised PTT Global Chemical Public Company Limited on its acquisition of Allnex, a leading global specialty chemical company focused on industrial coating resins, from Advent International for an enterprise value of €4.0 billion (approximately $4.75 billion). The company has about €2 billion in sales, an EBITDA margin of 17-19%, and a global production network of 33 cutting-edge manufacturing sites in 18 countries, 23...
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