Air Pollutants Can Be Converted to Industrial Chemicals

Agroecology as Innovation | November 28, 2019

A poisonous pollutant produced by burning fossil fuels could be captured from the exhaust fuel stream and transformed into helpful industrial chemical compounds utilizing solely water and air due to new superior materials developed by a world staff of scientists. A new analysis led by The University of Manchester has developed a steel-natural framework (MOF) materials that give a selective, absolutely reversible and repeatable functionality to seize nitrogen dioxide (NO2), a poisonous air pollutant produced notably by diesel and bio-gasoline use. The NO2 can then be simply transformed into nitric acid, a multi-billion greenback trade with makes use of together with agricultural fertilizer for crops; rocket propellant and nylon. MOFs are tiny three-dimensional buildings that are porous and might lure gasses inside, performing like cages. The inner empty areas in MOFs could be huge for his or her measurement; only one gram of fabric can have a floor space equal to a soccer pitch.

Spotlight

For more than 36 years, locally owned and operated Industrial Chemical of Arizona has been providing the highest quality flooring and cleaning products and equipment to local contractors, households and businesses in Tucson and Southern Arizona. Our extensive inventory makes us your one stop shop for everything you need to make your home, office or facility cleaner, safer and healthier. All of our stone care, flooring & carpet products are from the top U.S. and Canadian manufacturers. We carry floor finishes and sealers, granite and travertine cleaners, carpet spotters, degreasers, hospital-grade disinfectants, paper products, can liners, and much much more! ICA also carries many EPA approved green and environmentally friendly products. We have new and easy to use floor machines, carpet extractors and wet/dry vaccums to help you get professional results, at a price you can afford. Visit our website today to receive a coupon for a free pint of ICA's own 100SS-Tucson's favorite floor cleaner. Contact us at 520-327-6331, or visit our store on Pima, between craycroft and swan.

Spotlight

For more than 36 years, locally owned and operated Industrial Chemical of Arizona has been providing the highest quality flooring and cleaning products and equipment to local contractors, households and businesses in Tucson and Southern Arizona. Our extensive inventory makes us your one stop shop for everything you need to make your home, office or facility cleaner, safer and healthier. All of our stone care, flooring & carpet products are from the top U.S. and Canadian manufacturers. We carry floor finishes and sealers, granite and travertine cleaners, carpet spotters, degreasers, hospital-grade disinfectants, paper products, can liners, and much much more! ICA also carries many EPA approved green and environmentally friendly products. We have new and easy to use floor machines, carpet extractors and wet/dry vaccums to help you get professional results, at a price you can afford. Visit our website today to receive a coupon for a free pint of ICA's own 100SS-Tucson's favorite floor cleaner. Contact us at 520-327-6331, or visit our store on Pima, between craycroft and swan.

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CHEMICAL TECHNOLOGY

Chase Corporation Announces Amended and Restated Credit Agreement

Chase Corporation | August 13, 2021

Chase Corporation, a global specialty chemicals company that is a leading manufacturer of protective materials for high-reliability applications across diverse market sectors, has entered into a new amended and restated credit agreement with Bank of America, N.A., as administrative agent, and with participation from Wells Fargo Bank, N.A., PNC Bank, N.A. and JPMorgan Chase Bank, N.A. The new credit agreement was entered into to amend, restate and extend the Company’s preexisting credit facility, which was previously set to mature on December 15, 2021. Moreover, the agreement provides for additional liquidity to finance acquisitions, working capital and capital expenditures, and for other general corporate purposes. The new agreement increases the Company’s borrowing capabilities to $200 million (up from $150 million under the old facility), with the ability to request an increase in this amount by an additional $100 million at the individual or collective option of any of the lenders (up from $50 million under the old facility). Adam P. Chase, President and Chief Executive Officer, stated that, “Under this new credit agreement, we obtained an increased revolving credit facility which will continue to position us with adequate debt capital and available cash to execute our inorganic growth plans. In this competitive market, having immediate access to funds gives us an advantage in our acquisition program, putting us in the position to close transactions to fulfill our strategic initiatives. Working with our lenders, led by Bank of America, along with Wells Fargo, PNC and JP Morgan, we have established a great structure to meet our needs going forward.” Similar to the previous agreement, the applicable interest rate for the new revolving facility and new term loan is based on the effective London Interbank Offered Rate (LIBOR) plus a range of 1.00% to 1.75%, depending on the consolidated net leverage ratio of Chase and its subsidiaries. The new credit agreement has a five-year term with interest payments due at the end of the applicable LIBOR period (but in no event less frequently than the three-month anniversary of the commencement of such LIBOR period) and principal payment due at the expiration of the agreement, July 27, 2026. The new credit agreement contains provisions that may replace LIBOR as the benchmark index under certain circumstances. In addition, the Company may elect a base rate option for all or a portion of the new revolving facility, in which case interest payments shall be due with respect to such portion of the new revolving facility on the last business day of each quarter. Michael J. Bourque, Treasurer and Chief Financial Officer added that, “Timing in the credit market was favorable so we accelerated our renewal process. We may also elect to convert all or a portion of any balance outstanding on the new revolving facility into a new term loan twice during the term of the new revolving facility giving us maximum flexibility with our debt structure going forward.” About Chase Corporation Chase Corporation, a global specialty chemicals company that was founded in 1946, is a leading manufacturer of protective materials for high-reliability applications throughout the world.

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CHEMICAL TECHNOLOGY

The World's Most Powerful Portable Battery Generator Upgraded by Dory Power

Dory Power | December 27, 2021

Dory Power, a manufacturer of smart battery generators located in Cleveland, Ohio, has upgraded the Dory B7000 model to 7.16 kWh capacity. Dory B7000 is the world's most powerful portable battery generator, for automatic, portable and uninterruptible power supply, no emissions and no noise. With 3kW continuous power and 6kW peak power, the Dory B-7000 can power all types of common electrical appliances including refrigerator, furnace, air conditioner, microwave oven, computer, sump pump, etc. The 7.16 kWh electricity can run these appliances for a long time. Indeed, the upgraded Dory B-7000 can continuously run a home refrigerator for about 120 hours on battery power. The Dory B7000 is a smart battery generator with real-time line-interactive technologies. It is fully automated for unattended backup. Upon a power outage, it provides instant backup power through an automatic switch within 10 milliseconds. Backed-up equipment will not shut down during a power outage. This is a superior and crucial function conventional gas generators cannot provide because their engines require lag time to boost and stabilize electricity generation. Any equipment backed up by a conventional gas generator will shut down upon a power outage and need to be restarted. Dory battery generator can keep all the backed-up equipment continuously operating during a power outage. When the grid power restores, the Dory battery generator will switch power supply back to the grid and automatically recharge for next time use. "This advanced function makes it the perfect generator for unattended and uninterruptible power supply. "We build the Dory B-7000 to the highest standard of quality, for over 10 years of service life. The B-7000 is only priced at $0.7/Wh, while conventional gas/diesel generators cost about $3/hour because of the fuel and maintenance required," explained Amy Young, business manager of Dory Power. Dory battery generators are emission-free, no toxic carbon monoxide and greenhouse gas emissions, while a portable gas generator produces about 10 pounds of carbon emissions per hour. Using a Dory battery generator instead of a conventional generator could save tons of greenhouse gas emissions during its lifetime. Besides, Dory battery generators are quiet. The battery generator has three layers of on-board control measures, making it the safest battery generator on the market.

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CHEMICAL MANAGEMENT

KPX Chemical and Huntsman form Joint Venture in Korea

KPX Chemicals& Huntsman | September 28, 2021

KPX Chemical, a leading polyols producer for polyurethanes in Korea, and Huntsman Corporation , a world-leading MDI-based polyurethanes and specialty chemical manufacturer, today announced the establishment of a joint venture named KPX HUNTSMAN POLYURETHANES AUTOMOTIVE CO., LTD. The joint venture will create and provide innovative polyurethane system solutions to Korean automakers from a specialty polyurethanes manufacturing facility at KPX Chemical's Ulsan plant. Operations are expected to commence by the end of October. The Korean automotive industry is undergoing profound changes and presents new opportunities for high performance and light weight polyurethane system solutions. The new joint venture will accelerate growth in this sector by providing sustainable innovations and a high level of technical service support to its customers. KPX Chemical will leverage its 47-years' experience in polyol technology and know-how by combining it with Huntsman's proven ability to develop high performance, differentiated, MDI-based automotive solutions for vehicle manufacturers and its fully integrated global supply chain. "We are delighted to join forces with KPX Chemical. Korea is one of Huntsman's key markets in Asia and driving continued business growth in the automotive industry is a priority for us. The new joint venture will create and provide customized polyurethane systems solutions to meet local automotive customers' needs for improved comfort, superior acoustics and light-weighting. By creating value for its customers, KHPUA will enable downstream polyurethanes businesses to develop in a more sustainable way, both economically and environmentally." -Tony Hankins, President of Huntsman's Polyurethanes division and CEO of Huntsman Asia Pacific, Kim Moon-young, President of KPX Chemical, said: "This cooperation is of great strategic significance to both parties. Together, under the banner of KHPUA, we will leverage the R&D and capacity advantages of KPX Chemical and Huntsman in the region to become the industry's preferred innovation partner. It is an exciting time to be creating a new venture and we look forward to working with key players in the region to meet growing demand for autonomous vehicles and electric transport solutions that can support the country's carbon neutrality ambitions." About Huntsman: Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2020 revenues of approximately $6 billion. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 70 manufacturing, R&D and operations facilities in approximately 30 countries and employ approximately 9,000 associates within our four distinct business divisions.

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