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Trecora Resources | June 28, 2022
Balmoral Funds, LLC announced that it has successfully completed its previously announced acquisition of Trecora Resources at a price of $9.81 per share, net to each seller, in cash, without interest and subject to any required tax withholdings. With the completion of the acquisition, Trecora's stock will cease trading on the New York Stock Exchange and Trecora will no longer be listed on any public market. Blank Rome LLP served as legal advisor to Balmoral, and...
JNS | January 23, 2020
The United States on Thursday sanctioned several companies and senior executives allegedly part of the international network supporting Iran’s petrochemical and petroleum industries. The four international petrochemical and petroleum companies have collectively transferred the equivalent of hundreds of millions of dollars’ worth of exports from the National Iranian Oil Company, an entity instrumental in Iran’s petroleum and petrochemical industries, which helps to finance Iran&...
Chemical Management
Origin Materials and Mitsui Form | January 11, 2022
Origin Materials, Inc. the world’s leading carbon negative materials company with a mission to enable the world’s transition to sustainable materials, and Mitsui & Co., Ltd. a global leader in energy, machinery, chemicals, food, textile, logistics, finance, and more, announced a strategic partnership to industrialize advanced carbon negative materials This strategic partnership aims to rapidly develop and industrialize new sustainable carbon-negative products for t...
KBC, Baker Hughes, C3.ai, Inc. | June 09, 2021
Today, Baker Hughes and C3 AI announced that KBC, a wholly-owned subsidiary of Yokogawa Electric Corporation, will deploy artificial intelligence (AI) technology from the BakerHughesC3.ai (BHC3) alliance to enhance KBC’s existing software portfolio for oil and gas process simulation, supply chain optimization, and energy management. KBC is a leading consultancy and software provider for energy, chemical, and offshore oil and gas operations. The company’s process simula...
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