Mott Corporation | January 14, 2022
Mott Corporation, a technology-driven, precision filtration company, acquired ASCO Filtri, its longtime strategic partner in Europe which designs and manufactures filtration solutions for a broad range of markets.
Customers are increasingly seeking partners that can provide the highest level of support and quick response to their filtration needs around the globe. A combined, expanded presence throughout North America, South America, Europe, Asia, Africa, and the Middle East gives Mott and ASCO Filtri the ability to manage and deliver mission critical filtration projects and products worldwide. Further, this combination creates a filtration and fluid control company with an extensive material selection for the most demanding customer applications in key markets including Semiconductors, Life Sciences, Clean Energy, Oil/Gas, Petrochemicals, Chemicals, Water Purification, and Aerospace & Defense. Mott's expanded product selection will now include reusable and disposable porous metal, ceramic, polymer filters and a wide range of complementary offerings such as spargers, coalescers, and skids.
"Being part of Mott Corporation extends ASCO Filtri's global reach and increases the range of solutions we can offer to our customers. I've known and admired Mott for many years and this formal combination is a natural evolution of our partnership to better service customers," said Ennio Michelini, Managing Director of Asco Filtri.
"The acquisition of ASCO Filtri, our long-term partner in Europe, Middle East, and Africa creates proximity to our global customers and expands our products and design capabilities. We have worked as a close partner with ASCO Filtri for quite some time and have always been impressed by the quality of their people, technical capabilities, and strong product offering – all of which are quite complementary to Mott,"
Boris Levin, CEO of Mott Corporation
ASCO Filtri will retain its team and locations. Ennio Michelini, Managing Director, and Massimo Mascheroni, General Manager, will join the Mott leadership team and will continue to manage ASCO Filtri business. It will now operate under the name ASCO Filtri: A Mott Company.
Mott is a technology-driven, precision filtration company trusted by the world's best technical and performance brands across four core markets: Medicine, Computing Power, Clean Energy, and Space Exploration. Mott's products can be found in everything from lifesaving medical devices to artificial intelligence to the Mars Rover. Established in 1959 and headquartered in Farmington, Connecticut the company is 100% employee owned.
About ASCO Filtri
ASCO Filtri is a filtration company specialized in process filtration, able to design and manufacture solutions for a broad range of markets: Oil & Gas, Petrochemicals, Specialty Chemicals, Water Treatment, Food and Beverage, and Pharmaceutical. The company is headquartered in Binasco, Italy, outside of Milan.
CEMEX | April 26, 2022
CEMEX, S.A.B. de C.V. announced that it has successfully tested a process that converts flue gases emitted by the cement kiln into carbon nanomaterials, thereby transforming "bad" carbon into "good" carbon. Due to their unique mechanical, thermal, electrical, and chemical properties, carbon nanomaterials have several potential applications in a wide array of industries, from construction to biomedicine.
This technology was born out of Smart Innovation, CEMEX’s internal open innovation platform, and was one of the winners of the 2019 innovation competition. CEMEX’s Research and Development area continued to develop the concept. Recently, the team has achieved promising results, a carbon conversion rate of 50%, in a lab setting. The next step is to scale the technology in a cement plant pilot within a year. A key pillar of CEMEX’s flagship decarbonization program, Future in Action, is discovering and investing in scalable technologies and innovations to achieve carbon neutrality.
“This breakthrough technology is significant for CEMEX, not only because it offers the potential to commercialize carbon emissions, but because it demonstrates the value of our Smart Innovation platform. The path to carbon neutrality will be built with innovation, and we remain committed to being at the forefront in developing new circular technologies and processes.”
Fernando A. Gonzalez, CEO of CEMEX
Nanomaterials include high-tech materials such as nanofibers, nanotubes, graphene and carbon black, that have applications in several industries including electronics, automotive, refractory ceramics, agriculture, chemicals, pharmaceuticals, textile, and construction materials. Thus, the proposed technology can turn CO2 emissions into a value-added product, achieving a circular process that is key to sustainable development.
CEMEX is exploring and evaluating different applications of carbon nanomaterials to develop cement-based materials with novel and advanced performance, such as mechanical, chemical resistance, or thermal and electrical properties. The novel properties also enhance the sustainable attributes of cement-based materials as the same CO2 emitted is used to improve the performance. Reintroducing CO2 emissions in the construction value chain would boost the industry’s contribution to the circular economy.
CEMEX is a global construction materials company that is building a better future through sustainable products and solutions. CEMEX is committed to achieving carbon neutrality through relentless innovation and industry-leading research and development. CEMEX is at the forefront of the circular economy in the construction value chain and is pioneering ways to increase the use of waste and residues as alternative raw materials and fuels in its operations with the use of new technologies. CEMEX offers cement, ready-mix concrete, aggregates, and urbanization solutions in growing markets around the world, powered by a multinational workforce focused on providing a superior customer experience, enabled by digital technologies.
TricorBraun | April 11, 2022
Global packaging leader TricorBraun announced that it has entered into an agreement to acquire PB Packaging, a wholly-owned business of Pro-Pac Packaging Limited, expanding its presence in Australia.
One of Australia's leading providers of plastic and glass packaging, PB is a one-stop shop for rigid packaging needs, serving customers in the health, industrial, food, and automotive industries.
"We are excited to grow our business in Australia, offering customers expanded solutions and supply chain options. The PB Packaging team's dedication to innovation, quality, and exceptional customer service make them an ideal fit. We are pleased to welcome PB Packaging to the TricorBraun family, and we look forward to investing in its continued growth."
Court Carruthers, president and CEO, TricorBraun
TricorBraun established its footprint in the region with its acquisition of Cormack Packaging in September 2021.
PB's current leadership team will join TricorBraun and all 140 PB team members will be offered positions with the company. Effective with the closing of the transaction, PB will operate as PB Packaging, a TricorBraun company. The company will continue to operate as a stand-alone business.
"We are delighted that TricorBraun will acquire PB and that all Rigid team members will be offered positions with TricorBraun," said Tim Welsh, CEO and managing director, Pro-Pac. "TricorBraun is a natural home for the PB business, and we look forward to completing the transaction expeditiously."
"Over the last 32 years, we've solidified our reputation as one of the most respected distributors of packaging materials and services in Australia," said Andrew Allsop, executive general manager, PB Packaging. We look forward to continuing our service to customers, with TricorBraun's support, resources, and investments in our growth."
Since its founding, TricorBraun has partnered with management teams to successfully acquire and further accelerate growth for 34 packaging companies globally.
The transaction is expected to close in the second quarter of 2022, subject to the Australian Foreign Investment Review Board approval and satisfaction of other customary completion conditions.
About PB Packaging
PB Packaging is the Rigid division of the Pro-Pac Group of companies, one of Australia's largest publicly listed packaging companies. Established in 1990, PB Packaging has continuously evolved to meet the varying and diverse needs of its customers, offering a comprehensive product range of locally-moulded and imported products.
About Pro-Pac Packaging
Pro-Pac Packaging Limited is an innovative Flexibles, Industrial Specialty Packaging and Rigid packaging company with a diversified distribution and manufacturing network throughout Australia and New Zealand. Headquartered in Melbourne, Pro-Pac delivers bespoke packaging solutions for a broad group of blue-chip and SME clients in the industrial, food and beverage, health, agriculture and manufacturing sectors.
Founded in 1902, TricorBraun is a global packaging leader and North America's largest distributor of primary packaging. We provide innovative solutions across a wide array of customer end markets in plastic,
Braskem | February 24, 2022
Braskem S.A. the largest polyolefins producer in the Americas, as well as a market leader and pioneer producer of biopolymers on an industrial scale, announced the expansion of its circular polymer portfolio to include two new polypropylene (PP) grades with post-consumer recycled (PCR) content.
Braskem's new PCR polypropylene grades can be used in a wide range of U.S. Food and Drug Administration (FDA) food contact applications where PP is used today, including consumer packaging, caps and closures, housewares, and a wide range of thermoforming applications.
"Today's announcement is another milestone in Braskem's journey to a carbon neutral circular economy, and reinforces our commitment to polypropylene as the PP leader in North America. Not only will Braskem's new PCR polypropylene grades help our clients meet their commitments for recycled content in FDA food-contact markets, where PCR solutions are limited today, these developments will also keep us on track to reach our goals of providing 300,000 tons of thermoplastic resins and chemicals with recycled content by 2025 and one million tons of thermoplastic resins and chemicals with recycled content by 2030."
Geoffrey Inch, Braskem North America Sustainability Director
To support the sustainable use of polypropylene through the development and investment in the circular economy, Braskem America is a founding member and funding partner of the Polypropylene Recycling Coalition, with a primary focus on increasing U.S. polypropylene recovery and reuse.
Braskem is strongly committed to a Carbon Neutral Circular Economy where nothing is wasted, and everything is transformed. To support this vision for the future Braskem has clearly stated targets for growing the company's recycled content product portfolio to sales of 300,000 tons by 2025 and 1 million tons by 2030. Braskem's transition to a circular economy is deeply rooted in mechanical and advanced recycling solutions. By engaging and investing in partnership with other members of the value chain the company is strengthening mechanical and advanced recycling, overcoming barriers, and ensuring the increased production of high-quality recycled material. All these initiatives are aligned with Braskem's feedstock diversification strategy and its macro goals of expanding the circular economy concept in the plastic chain and becoming a carbon-neutral company by 2050.
With a global vision of the future oriented towards people and sustainability, Braskem is committed to contributing to the value chain for strengthening the circular economy. The petrochemical company's almost 8,000 team members dedicate themselves every day to improve people's lives through sustainable chemicals and plastics solutions. Braskem has an innovative DNA and a comprehensive portfolio of plastic resins and chemical products for diverse segments, such as food packaging, construction, manufacturing, automotive, agribusiness, healthcare, and hygiene, among others. With 41 industrial units in Brazil, the United States, Mexico, and Germany, Braskem exports its products to clients in more than 80 countries.