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Chemical Management
ExxonMobil | December 08, 2021
ExxonMobil Chemical Company has acquired California-based Materia, Inc., a technology company that has pioneered the development of a Nobel prize-winning technology for manufacturing a new class of materials. The innovative materials can be used in a number of applications, including wind turbine blades, electric vehicle parts, sustainable construction, and anticorrosive coatings. ExxonMobil and Materia have been collaborating since 2017 on the development of new hydrocarbon-based...
Sasol | May 30, 2022
Sasol and Helmholtz-Zentrum Berlin will lead a consortium to develop and optimise next-generation catalysts that will play a key role in decarbonising the aviation sector through sustainable aviation fuels. At a ceremony at Sasol's global headquarters in Johannesburg today, South African President Cyril Ramaphosa and German Chancellor Olaf Scholz attended the launch of CARE-O-SENE research project, to be funded by the German Federal Ministry of Education and Research and Sasol...
Chemres | January 14, 2022
Benvic announces that it has completed the acquisition of West Unity, OH-based Trinity Specialty Compounding from Ravago Americas, via Benvic's U.S. division Chemres, further strengthening its presence in the U.S. market. Trinity is a custom compounder specializing in the compounding of flame-retardant, cross-linked and specialty additive compounds for a variety of industries including wire & cable, appliances, and construction. This acquisition is another m...
Policy and Perspectives, Chemical Management
Marathon Oil Corporation | January 10, 2023
Marathon Oil Corporation announced the completion of its acquisition of Ensign Natural Resources' Eagle Ford assets for a total cash consideration of $3.0 billion. The acquisition was announced earlier, on November 2, 2022. Lee Tillman, Chairman, President, and CEO, said, "We are pleased to announce the close of our acquisition of Ensign's high-quality assets in the core of the Eagle Ford Shale." He further added, "This acquisition satisfies every element of...
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