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Insider NJ | March 26, 2020
The Chemistry Council of New Jersey and its more than 100 member companies are grateful to the Murphy Administration, and the U.S. Department of Homeland Security for identifying the U.S. chemical industry and its workers as Essential Critical Infrastructure, an industry sector critical to public health and safety, economic and national security. Even before this designation, our member companies have been working around the clock to help the State of New Jersey in its COVID-19 prepa...
Chemical Management
OCTAL and Alpek | June 02, 2022
Alpek, S.A.B. de C.V. announced that it has received all necessary approvals from the regulatory authorities and has finalized its acquisition of OCTAL Holding SAOC Pursuant to the purchase agreement, Alpek acquired 100% of the shares of OCTAL for U.S. $620 million on a debt-free basis. Financing was secured through a mix of free cash flow generated from existing businesses and dedicated bank loans. Alpek will assume control of OCTAL's operations starting ...
Scientific American | January 24, 2020
The Sunshine Project, a gargantuan petrochemical complex planned on 2,500 acres along the Mississippi River south of Baton Rouge, La., will be one of the largest greenhouse gas emitters in America when it becomes fully operational in 2029. Earlier this month, Louisiana regulators approved an air quality permit that will allow the facility to pump 13.6 million tons of carbon dioxide into the atmosphere every year. That’s equivalent to adding 2.6 million cars to the road annually. No industr...
Arkema | February 22, 2022
Arkema is expanding its offer of engineering adhesives with the planned acquisition of Shanghai Zhiguan Polymer Materials (PMP), specialized in hot-melt adhesives for the consumer electronics market. This project is in line with Bostik’s strategy to build a strong position in the attractive engineering adhesives market and to accelerate its development in the fast-growing electronics market, especially in Asia. Arkema is announcing the planned acquisition of Chinese company ...
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