Forever chemicals | December 23, 2020
Tom Kennedy found out about the drawn out tainting of his family's drinking water around two months after he was informed that his bosom disease had metastasized to his mind and was terminal.
The difficulties polluting his tap: per-and polyfluoroalkyl substances (PFAS), a general classification of synthetic compounds developed during the 1900s to add attractive properties, for example, stain-sealing and against adhering to shoes, cookware and other regular articles.
Producers in Fayetteville, North Carolina, had been releasing them into the Cape Fear River – a local drinking water source – for quite a long time.
"I was incensed," says Kennedy, who lives in close by Wilmington. "I made the association before long that PFAS likely added to my condition. In spite of the fact that it's nothing that I can demonstrate."
The one-two punch of awful news came over three years prior. Kennedy, who has outlasted his visualization, is currently a functioning supporter for stiffer guideline of PFAS.
"PFAS is all over the place," he says. "It's truly difficult to get any change."
In fact, different types of PFAS are as yet utilized in a range of modern and buyer items – from nonstick fricasseeing skillet and stain-safe floor coverings to food coverings and firefighting froth – and have gotten universal. The synthetic substances enter the climate anyplace they are made, spilled, released or utilized. Downpour can flush them into surface wellsprings of drinking water, for example, lakes, or PFAS may slowly move through the dirt to come to the groundwater – another critical wellspring of public water frameworks and private wells.
nonstick broiling container and stain-safe rugs to food coverings and firefighting froth – and have gotten omnipresent. The synthetics enter the climate anyplace they are made, spilled, released or utilized. Downpour can flush them into surface wellsprings of drinking water, for example, lakes, or PFAS may continuously move through the dirt to come to the groundwater – another critical wellspring of public water frameworks and private wells.
PRODUCTS AND TECHNOLOGIES
Milliken | October 19, 2021
Milliken & Company (“Milliken”), a global diversified manufacturer with more than a century and a half of materials science expertise, has formally acquired Encapsys, LLC (“Encapsys”), a world leader in microencapsulation, from the Cypress Performance Group LLC (“Cypress”). The transaction officially closed October 18, 2021.“Moving the needle on sustainability requires big thinking and powerful collaborations. We’re thrilled to welcome Encapsys to Milliken,” said Halsey Cook, president and CEO for Milliken & Company. “Encapsys’s expertise coupled with our ability to scale will propel our efforts to deliver sustainable innovations for our customers."
“Encapsys brings a unique combination of innovation, science and technology to the Milliken team,Enhancing our portfolio of specialty chemicals with global reach, this acquisition will accelerate sustainable solutions for the markets and customers we serve.”
-Cindy Boiter, executive vice president and president of Milliken’s Chemical Business
As Encapsys integrates into Milliken, daily operations will continue without interruption, including relationships with existing suppliers and customers.
Headquartered in Appleton, Wisconsin, Encapsys is a leader in microencapsulation technologies, which put a uniform polymeric shell around a core material at the micron level to create capsules. Microencapsulation has applications across industries and helps companies achieve more sustainable products by advancing responsible consumption and efficient delivery of active materials.
“Encapsys associates are excited to become a member of the Milliken team and welcome a world-class organization to Northeast Wisconsin,Our culture and values are a perfect fit, and we look forward to leveraging Milliken’s global capabilities to accelerate innovation and growth.”
-Mary Goggans, president of Encapsys
Milliken was represented by legal advisor Jones Day and financial advisor J.P. Morgan Securities LLC. BofA Securities, Inc. and Credit Suisse Securities (USA) LLC acted as financial advisors, and Morgan, Lewis & Bockius LLP acted as legal advisor to Encapsys.
Milliken & Company is a global manufacturing leader whose focus on materials science delivers tomorrow’s breakthroughs today. From industry-leading molecules to sustainable innovations, Milliken creates products that enhance people’s lives and deliver solutions for its customers and communities. Drawing on thousands of patents and a portfolio with applications across the textile, flooring, specialty chemical and healthcare businesses, the company harnesses a shared sense of integrity and excellence to positively impact the world for generations. Discover more about Milliken’s curious minds and inspired solutions at milliken.com and on Facebook, Instagram, LinkedIn and Twitter.
Headquartered in Appleton, WI, Encapsys is a worldwide recognized innovator in microencapsulation. Encapsys is the patented inventor of microencapsulation and has been providing innovative solutions to partners in home care, personal care, agriculture, textiles, bedding and carbonless paper for over 65 years. To learn more about Encapsys, please visit www.encapsys.com.
About The Cypress Performance Group LLC
Encapsys has been owned since 2015 by The Cypress Performance Group. Cypress is a holding company founded by George Sherman focused on value-added manufacturing or industrial service businesses. Cypress helps companies implement their strategic plan by using its business system to focus on growth and operational efficiency while developing industry leading practices to improve customer experience and delivering shareholder value.
Origin Materials, Inc. | February 07, 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 the Green Chemistry Division of the Minafin Group a global specialty chemical company, are entering into a strategic partnership to industrialize high-value specialty materials based on Origin’s carbon-negative materials.
The partnership includes multiple collaboration areas and is an important milestone for bringing cost-competitive biobased products to the market, with applications in the pharmaceutical, agricultural, cosmetics and personal care, and automotive industries. As part of the partnership, Minafin affiliate Pennakem aims to develop new technologies with Origin to further expand the market for Pennakem’s biobased products. Through this partnership, Origin aims to develop and industrialize additional high-value products based on its core technology platform, leveraging the proprietary technologies, manufacturing know-how and customer relationships of Minafin.
In addition, Minafin business unit EcoXtract® is in discussions with Origin to commercialize its revolutionary biobased extraction process using sustainable carbon-negative materials produced by Origin. The EcoXtract® process efficiently extracts useful plant oils for food, cosmetics, and other applications.
“Partnering with the Green Chemistry Division of Minafin is a significant milestone in our mission to transition the world to sustainable materials. The opportunity for working together is remarkably broad, and we are excited to collaboratively develop high-value products. Minafin brings technologies and know-how to the table that will further enable us to deliver value across a broad spectrum of specialty chemicals end markets.”
Origin Materials Co-CEO Rich Riley
“This partnership with Origin Materials will play a significant role in realizing further potential for our products and technologies across the globe and attests to the new structure within Minafin Group,” added Gust Desmedt, CEO of the Green Chemistry Division of Minafin. “This partnership will enable our customers to accelerate their switch to our innovative biobased alternatives through improved competitiveness and supply reliability.”
About Origin Materials
Headquartered in West Sacramento, Origin Materials is the world's leading carbon negative materials company. Origin’s mission is to enable the world’s transition to sustainable materials. For over a decade, Origin has developed a platform for turning the carbon found in inexpensive, plentiful, non-food biomass such as sustainable wood residues into useful materials while capturing carbon in the process. Origin’s patented technology platform can help revolutionize the production of a wide range of end products, including clothing, textiles, plastics, packaging, car parts, tires, carpeting, toys, and more with a ~$1 trillion addressable market. In addition, Origin’s technology platform is expected to provide stable pricing largely decoupled from the petroleum supply chain, which is exposed to more volatility than supply chains based on sustainable wood residues. Origin’s patented drop-in core technology, economics and carbon impact are supported by a growing list of major global customers and investors.
About Pennakem, LLC
Pennakem, an affiliate of the Belgian Minafin Group, is an innovative specialty chemical company with over 60 years of biobased chemicals development and manufacturing experience. Pennakem is the largest worldwide supplier of specialty furfural-derived biobased products, with demonstrated value in pharmaceutical, agricultural, and rubber additive processes and environmentally friendly solvent applications. Pennakem is the leader in bringing biobased solutions to growing green chemistry and specialty chemicals markets.
EcoXtract®, a business unit of the Belgian Minafin Group, is bringing to the feed market a 100% biobased and safe extraction solution for oils, plant proteins and natural ingredients. This breakthrough and award-winning innovation is biobased safer for human health and with CO2 impact ten times lower than the currently used petrochemical solvent.
About Minafin Group
The Minafin Group is a leading developer and manufacturer of fine chemicals with three main areas of expertise: health chemistry, green chemistry, and challenging chemistry. Minafin operates six industrial manufacturing sites across Europe and North America. They provide customers in pharmaceuticals, cosmetics, agriculture and hi-tech with a range of proprietary products, custom manufacturing, industrial process development and services, and multi-purpose green chemistry formulations. Minafin invests significantly in R&D to create value for customers by specializing in innovations and eco-friendly solutions that bring a competitive edge and sustainability. Its strong industrial capabilities are consolidated through seven business units: Minakem, Pennakem, Minasolve, Minagro, EcoXtract, Minascent and Pressure Chemicals, which generated over €243M in revenue in 2020. Founded in 2004 as a privately held industrial company, Minafin is headquartered in Belgium and employs 900+ staff.