Velan Inc.

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...

CHEMICAL MANAGEMENT

Celanese Corporation | April 01, 2022

Celanese Corporation, a global chemical and specialty materials company, announced the restructuring of their joint venture Korea Engineering Plastics Co. It is a joint venture of 50% by Celanese and 50% by Mitsubishi Gas Chemical Company, Inc. (MGC). Celanese Corporation develops chemistry solutions and specialty materials used in most major industries and consumer applications. Celanese is headquartered in Dallas and employs approximately 8,500 people worldwide. K...

CHEMICAL MANAGEMENT

PPG | July 19, 2021

PPG CORAFLON Platinum fluoroethylene vinyl ether (FEVE) fluoropolymer powder coatings for architectural extrusions and sheet aluminum were introduced today. Compared to standard FEVE powder coatings, the innovative coatings technique provides higher transfer efficiency rates of more than 20% and better corrosion resistance. PPG Coraflon Platinum powder coatings are available in various colors and glosses, including micas and metallic finishes, for metal building components and arc...

CHEMICAL TECHNOLOGY

NAPCO | August 24, 2021

North American Pipe Corporation (NAPCO), a subsidiary of Westlake Chemical Corporation, today announced that it acquired LASCO Fittings LLC, a Brownsville, Tennessee-based, leading designer, engineer and manufacturer of injected-molded PVC fittings, from Aalberts, NV. “We are pleased to complete this important strategic acquisition and to welcome LASCO Fittings and its talented team into the Westlake family of companies,” said Andre Battistin, vice president, NAP...