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DBusiness | March 06, 2020
Houston’s Junction Capital Partners, a private equity firm, has acquired Wilkinson Chemical in Mayville, east of Frankenmuth. Wilkinson produces and sells calcium chloride solution, which is used for dust and ice control. The company will now operate under the name Wilkinson Solutions. Financial details of deal were not disclosed. “We’ve studied the market for an extended period and believe the acquisition of a long-standing player like Wilkinson provides a strategic foundation...
Nasdaq | January 15, 2020
Atotech, a Carlyle-backed specialty chemicals company carved out of Total, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering.However, the deal size is likely a placeholder for an IPO that we estimate could raise $1 billion. The Berlin, Germany-based company was founded in 1993 and booked $1.2 billion in revenue for the 12 months ended September 30, 2019. It plans to list on the NYSE under the symbol ATC. Atotech filed confidentially on June 7, 2019. ...
BIC Magazine | March 04, 2020
PTT Global Chemical, a subsidiary of PTT Group, is allocating $5 billion for its next investment in Ohio. Chief Executive Kongkrapan Intarajang said the company is on track to make a final decision on the U.S. project by mid-2020. The process is moving as planned, including approval from U.S. authorities, environmental assessments and the choice of a construction company, the CEO said. Since mid-2019, the company’s contractors have been engaged in site preparation, engineering and d...
Synthos Green Energy | November 04, 2020
Synthos Green Energy (SGE) – part of Synthos S.A. Capital Group which includes Synthos S.A., a leading chemical manufacturer based in Poland, with operations in the Czech Republic, Holland, and France – is actively pursuing carbon-free energy solutions for its manufacturing facilities in Europe. To help meet this goal, the company has signed a Cooperation Agreement with U.S.-based Ultra Safe Nuclear Corporation (USNC) which aligns with the Synthos S.A. strategy aimed to reduce ...
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