PDI | April 27, 2022
PDI a global leading enterprise management software provider for the convenience retail and petroleum wholesale industries, has announced new solutions to help customers adapt more quickly to the current ever-changing marketplace. The latest PDI products are designed to boost productivity and profitability throughout the entire supply chain. Moreover, they have been designed irrespective of businesses that need to accelerate green initiatives, simplify fuel pricing decisions, expand consumer access to loyalty programs, or drive frictionless commerce.
The newest solutions span the PDI portfolio, which includes three segments to simplify complex operations and merge systems and data in the c-store and pump. The innovative segments such as consumer engagement, enterprise productivity, and security & platform will be introduced as part of the spring launch.
"Our industry is transforming faster than ever, and our customers are asking for assistance navigating these changes. PDI is committed to serving our customers worldwide as we're modernizing internally and expanding through collaboration and acquisition. Our most recent innovations add to an already robust portfolio of products and services that work better to generate more value and business for our customers."
On this PDI, CEO Jimmy Frangis
Coen Markets, Inc. practices multiple PDI solutions to provide a high-quality experience for its guests and team members across nearly 60 convenience stores in Pennsylvania, Ohio, and West Virginia. Charlie McIlvaine, Chairman and CEO of Coen Markets, says, "During such a dynamic time in our lives, we need valuable partners to help us accelerate growth. Coen shares the values of embracing change are committing to innovation with PDI. By collaborating, we're part of something bigger as we work to take both the industry and the consumer experience to the next level."
The latest PDI solutions are now available following recent strategic acquisitions, including GreenPrint, Azpiral, Koupon, Universe Group, htec, and Celtech.
Rinchem Company, Inc | December 02, 2021
Rinchem Company, Inc., a global semiconductor services company, recently acquired two Dallas-area chemical warehouses from one of their competitors, LeSaint Logistics.
"Rinchem is continually working to set the standard in our industry. We have often competed with LeSaint in the chemical market, so it speaks volumes that Rinchem is in a position to purchase these two Dallas warehouses. With acquisitions like these, we are further solidifying our position as the premier 4PL partner in the semiconductor industry."
Rob Walker, Vice President of Finance at Rinchem
The Albuquerque-based company has seen a lot of growth in 2021. In the past year alone, Rinchem has expanded five different warehouses and secured business from one of the largest semiconductor companies in the industry. With this acquisition, Rinchem will go from 1 to 3 warehouses located in Dallas, TX. Rinchem plans to retain all employees who were previously employed by LeSaint.
Rinchem Company, Inc. is the largest network of chemical and gas distribution centers globally with over 4 billion pounds of chemicals and gases safely handled annually. They set the standard in creating and managing safe and efficient supply chains for high purity, pre-packaged chemicals and gases. Rinchem applies four decades of expertise, industry thought leadership, and logistics transparency in order to provide the most reliable, efficient, and cost-effective solutions for its customers. The primary industries that Rinchem serves include pharmaceutical, biotech, semiconductor and aerospace.
ExxonMobil | December 08, 2021
ExxonMobil Chemical Company has acquired California-based Materia, Inc., a technology company that has pioneered the development of a Nobel prize-winning technology for manufacturing a new class of materials. The innovative materials can be used in a number of applications, including wind turbine blades, electric vehicle parts, sustainable construction, and anticorrosive coatings.
ExxonMobil and Materia have been collaborating since 2017 on the development of new hydrocarbon-based materials that are stronger, lighter and more durable than existing thermoset products such as epoxy. In the wind power industry, these benefits could enable the design of longer, more durable wind turbine blades for more efficient renewable electricity production. Due to their strength, the materials could also be used as a light-weight, corrosion-resistant replacement for steel in certain construction applications.
“We are reimagining how new hydrocarbon-based materials can form the building blocks to help multiple industries achieve a more sustainable future. This acquisition ties together Materia’s Nobel Prize-winning technology with ExxonMobil’s complementary proprietary technology and world-class manufacturing capabilities to bring this exciting new class of structural materials to commercial scale.”
Karen McKee, president of ExxonMobil Chemical Company
The materials take advantage of revolutionary catalyst discoveries made by professor Dr. Robert Grubbs and his research team at the California Institute of Technology. Grubbs received the 2005 Nobel Prize in Chemistry for these discoveries.
“The combination of Materia’s innovative culture, dedicated employees and cutting-edge technology with ExxonMobil’s expertise and scale in bringing new technology to market will open up an exciting new chapter for Materia,” said Professor Robert Grubbs, Nobel Laureate and co-founder of Materia. “ExxonMobil’s acquisition significantly expands the growth opportunities for this unique technology.”
The acquisition includes Materia’s headquarters and technology center in Pasadena, California and its manufacturing facility in Huntsville, Texas. ExxonMobil intends to operate the business under the Materia company name as a wholly owned affiliate.
ExxonMobil, one of the largest publicly traded international energy companies, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemical company is one of the largest in the world.
Materia was founded in 1999 to commercialize a group of ruthenium catalyst technologies developed by Nobel Prize winner Dr. Robert Grubbs and his research group at Caltech. In recent years the company has focused on developing Proxima™ polymers with commercial success in subsea pipeline insulation, molding of parts for industrial applications, and various composite applications like composite rebar for concrete reinforcement.