Wood Mackenzie

CHEMICAL TECHNOLOGY

American Chemistry Council | July 15, 2021

A major industry group is urging Congress to enact a national recycled plastic standard, as well as to allow for the “rapid scaling” of the chemical recycling sector. The American Chemistry Council (ACC) released an outline of five steps it thinks Congress should take to improve plastics recovery on July 13. It follows ACC's decision last autumn to endorse packaging taxes to enhance the United States' recycling infrastructure. By 2030, at least 30% of th...

CHEMICAL MANAGEMENT

Univar Solutions Inc. | July 12, 2022

ChemPoint.com Inc. a subsidiary of Univar Solutions Inc. a leading global chemical and ingredient distributor and provider of value-added services, today announced CFS North America, LLC. a subsidiary of Camlin Fine Sciences Ltd., has chosen ChemPoint for the sales and distribution of its Xtendra BHT product throughout the United States and Canada. Xtendra BHT is a food-grade hindered phenolic antioxidant commonly used as a preservative in a wide variety of applications ranging from foods, anima...

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

NextDecade Corporation | September 16, 2022

NextDecade Corporation announced a private placement of common stock pursuant to which NextDecade will sell $85 million of common stock to 10 institutional investors. Shares of NextDecade’s common stock will be sold at $5.50 per share, and the private placement is expected to close on September 19, 2022, subject to the satisfaction of customary closing conditions. The Company intends to use the proceeds from the private placement to continue development activity in preparati...