SDS Writers

CHEMICAL TECHNOLOGY

Clariant, SK Capital, Heubach Group | June 15, 2021

Clariant, a focused, sustainable, and innovative specialty chemical company, announced today that it had reached definitive agreements for the sale of its Pigments business to a consortium led by Heubach Group and SK Capital Partners for an Enterprise Value (EV) ranging from CHF 805 million to CHF 855 million on a cash and debt-free basis, subject to a CHF 50 million earn-out payment contingent on the This is a multiple of 10.7 to 11.4 times the standalone adjusted 12-month EBITDA as of April 20...

CHEMICAL MANAGEMENT

Hanwha Total | January 21, 2021

South Korean oil refining and petrochemical organizations, for example, Hanwha Total and Yeocheon NCC are extending their naphtha cracking centers (NCCs) for income source expansion and economies of scale, separately. Yeocheon NCC as of late finished the extension of its NCC and butadiene creation facilities by contributing 740 billion won for around two years. The trial operations will end this week and business activities will be started right away. At that point, the organizati...

CHEMICAL MANAGEMENT

NW Natura | July 28, 2022

NW Natural, a 163-year-old gas utility based in Portland, announced a partnership with Washington-based Modern Electron to create clean hydrogen directly from natural gas and blend it into its existing natural gas distribution network. The innovative technology process known as concurrent combustion methane pyrolysis is designed to produce clean hydrogen and solid carbon using only natural gas and air as inputs – and does not require any electricity, water, or consumable cat...

S&P Global | April 07, 2020

Following are key facts about the unprecedented challenges and uncertainty faced by the European petrochemical industry due to the coronavirus pandemic and government restrictions on movement in an attempt to limit its spread. As supply-chain concerns in Europe continue to rise, market players will be faced with the prospect of cutting rates regardless of margins. Talks of end product production closures are expected to feedback into feedstock petrochemicals in the coming months. "Europe cu...