Joliet company remains busy developing chemical that destroys coronavirus

FOX 32 Chicago | April 09, 2020

While a lot of businesses are closing and laying off workers, it’s full speed ahead at Seeler Industries in Joliet. The mom and pop company manufactures a chemical that’s at the forefront in the fight against the COVID-19 pandemic. “We’re just trying to make the best of a very difficult situation,” said Steve Seeler, Owner. The family-owned chemical manufacturing plant is the nation’s leading supplier of Peracetic Acid, or what you might call the COVID-19 Killer.  “The way this product works against COVID-19 is it breaks down the structure of the membrane, reducing it ineffective,” said Vince Casalino, chemist. Peracetic Acid is in liquid cleansers, sprayers, foams and those industrial foggers that are being used to disinfect schools and large buildings all over the country. In fact, one-third of the Parysetic Acid being used to battle the COVID-19 virus in the country is being manufactured at Seeler. “Our volumes have gone up 20 percent and we are one of the top producers of it in the country so we’re seeing a definite increase,” said Seeler.

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CHEMICAL MANAGEMENT

ECOTEC Announces Strategic Investment by Intrepid Investment Management

ECOTEC | February 04, 2022

Ecotec International Holdings, LLC (“ECOTEC”), a global leader in methane emissions monitoring, is pleased to announce a strategic investment by funds managed by Intrepid Investment Management, LLC, the investing arm of Intrepid Financial Partners, L.L.C. Intrepid is a leading energy-focused merchant bank with over 50 employees, and expertise in upstream, midstream, downstream, oilfield services and energy transition. ECOTEC provides a comprehensive suite of patented, cutting-edge instrumentation and software solutions to companies, organizations, and municipalities around the world, helping them manage and remediate their environmental footprint by accurately identifying and quantifying their greenhouse gas emissions. ECOTEC has an over thirty-year history of the design, development and implementation of instrumentation and software for emissions detection and compliance within the natural gas, biogas, carbon credits and air quality industries, with recent expansion into the oil and gas industry. The company will use the proceeds to accelerate the production and roll-out of its patented instrumentation and emissions data collection software to fulfill strong customer demand in the biogas and oil and gas industries. “We believe this is a unique opportunity to partner with thought leaders in the oil and gas and energy transition industries, particularly as we continue to grow our oil and gas business. The Intrepid team brings over 200 years of collective experience advising and investing in the energy and energy transition sectors through multiple cycles and against secular changes throughout their history – that experience and their industry relationships are central to our partnership and creating value for our customers and stakeholders.” Tim Novick, CEO of ECOTEC Skip McGee, Co-Founder and CEO of Intrepid, says, “We are incredibly excited to be partnering with ECOTEC as they continue to grow their business, and in particular, as they expand into oil and gas. ECOTEC has historically been a leader in emissions solutions to the biogas and utilities industry, and they are well- positioned to leverage their decades-long experience to provide expert solutions for the oil and gas industry. We have known members of the management team for almost two decades, and we look forward to working with them on the very important mission of building a path towards a lower-carbon world.” About ECOTEC ECOTEC specializes in the design and development of specialty equipment and software solutions for the natural gas, biogas, renewable natural gas, carbon credit and oil and gas markets through its ECOTEC, AQMESH, GAS DATA, and GAZOMAT brands. With offices around the globe, ECOTEC's comprehensive solutions have been deployed around the world to help companies, organizations and municipalities identify, quantify, and remediate their environmental footprint, particularly through reductions in methane emissions. About Intrepid Intrepid is a merchant bank that provides investment banking and investing management services. Intrepid’s leading boutique investment banking business provides independent and best-in-class merger & acquisition, restructuring and capital markets services to the energy and energy transition industries, and has advised on ~$150 billion of transactions since 2015. Intrepid’s investment management business makes principal debt and equity investments through its managed funds. Current strategies include private equity, infrastructure and venture capital across energy and energy transition.

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CHEMICAL MANAGEMENT

PT Mowilex Is Certified at Net Zero Carbon for the Third Consecutive Year

PT Mowilex Indonesia | December 29, 2021

Paint manufacturer PT Mowilex Indonesia (PT Mowilex) has announced the company's third consecutive year of CarbonNeutral® certification, once again reaching net zero carbon emissions. The company achieved this by purchasing offsets to account for its emissions, based on an assessment of Scope 1, 2 and 3 evaluation that follows The CarbonNeutral Protocol. Emissions calculations and carbon offsets certifications were issued by two independent United States-based entities. In 2019, PT Mowilex became the first Indonesian manufacturer to achieve CarbonNeutral® company certification. Three years later, it remains the only manufacturing company to claim carbon neutrality in its market. The company is fully committed to using the carbon markets to achieve carbon neutrality, while also reducing its emissions across all operations and decreasing its overall environmental impact. PT Mowilex has also introduced VOC disclosure and labeling standards and voluntarily replaced older stocks of its wood and metal paints containing more than 90ppm lead with newly formulated lead-free versions, at no cost to shops and distributors. In the last three years, the company has embarked on efficiency initiatives that reduced air conditioner power use, deployed efficient lighting systems, converted various diesel-powered equipment to electric-powered equipment, and insulated several buildings to reduce energy use. PT Mowilex will also commission a new manufacturing facility in the first quarter of 2022, which is expected to reduce CO2 emissions from its main manufacturing and logistics operations by an estimated 7%. From March 2020 to April 2021, PT Mowilex decreased its gross emissions by 13.2%. Reduced business travel due to COVID-19 protocols accounted for 82% of that drop. "We hope, as much as possible, to permanently adopt these improvements by reevaluating how we operate. We are looking for COVID-related changes that can be incorporated into our routines to minimize our environmental impact whilst creating financial efficiencies," Ms. Esther Sugiono, PT Mowilex CFO "Our strategic pillars are very clear. We lead with quality and sustainability. We've earned numerous product-quality ratings that demonstrate that commitment, and we're earning recognition for our award-winning environmental and CSR initiatives. Both major property developers and homeowners trust in our products," said PT Mowilex CEO Niko Safavi. "Indonesians today have made it clear that they expect companies to be ethical, and they trust brands that offer environmentally responsible products." Since 2020, universities, stadium developers and luxury malls have switched to PT Mowilex products, citing the company's reputation for quality and environmental leadership. In 2021, PT Mowilex purchased carbon offsets from a portfolio of certified projects, including Rimba Raya REDD+ in Seruyan Regency and Katingan Mentaya REDD+ in Katingan Regency, Central Kalimantan, Indonesia.

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CHEMICAL MANAGEMENT

Chemours Leads Remove2Reclaim Project to Advance Plastic Circularity

Chemours Compan | May 18, 2022

The Chemours Company a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, announced its participation leading a three-year recycling research project in collaboration with industry, academic, and government experts to develop an efficient, cost-effective, and more sustainable process for recovering titanium dioxide (TiO2) and polymers from plastic end-use products. The initiative, dubbed Remove2Reclaim, has the potential to drive significant environmental benefits, eliminating waste and reducing the amount of energy used in manufacturing, by enabling circularity across a much wider range of applications. Current commercial scale recycling technologies do not allow polymers and additives to be effectively removed and separated, limiting the potential applications and overall quality of products made with recycled plastic. Remove2Reclaim is designed to change that. The project goal is to develop commercial-scale detection and extraction technologies that enable the removal and recovery of TiO2 and polymers for reuse. “Through the Remove2Reclaim initiative, we hope to help crack the code on effective plastic recycling, achieving a new level of circularity for the industry. This initiative has the potential to reclaim thousands of tons of TiO2 from different end-of-life streams, reducing raw material demands, and creating a new TiO2 supply stream for our customers. We’re honored to lead this project in collaboration with a team of experts from across the value chain to pursue a common goal that benefits our shared planet.” Steven De Backer, EMEA Technical Marketing Manager at Chemours In the project’s first year, research partners have developed a sorting mechanism to effectively identify plastic wastes that contain TiO2 and determined innovative solvent-based extraction routes to remove TiO2 from different polymer matrices. Other project milestones include developing methods and equipment to detect TiO2 in specific polymer matrices, recovering TiO2 from the polymer by dissolution route, and eventually reusing the TiO2 and polymer in new products. “At Chemours, we aspire to be the most sustainable TiO2 enterprise in the world, and that requires applying our expertise to some of the world’s greatest challenges, including plastic circularity,” said Ed Sparks, President of Titanium Technologies at Chemours. “We’re committed to leveraging responsible chemistry and cross-industry collaboration to solve our customers’ challenges with minimal impact on our shared planet. Remove2Reclaim is a great example of this model at work.” The Remove2Reclaim project kicked off in September 2020 with the support of Catalisti, the spearhead cluster for the chemical and plastics industry in Flanders, Belgium. It includes a collaboration of the public and private sectors, including Chemours as the project coordinator, INEOS Styrolution, Lybover, Deceuninck, Matco Plastics, Centexbel, VITO, Ghent University, and KU Leuven. The project also received funding from VLAIO, the Flanders Innovation and Entrepreneurship Agency. “Remove2Reclaim is an exciting project with the potential to turn recycling ambitions into circular solutions that benefit our planet,” reads a statement from Catalisti. “By bringing together leaders in the industry, academic, and government spheres, we’re taking a holistic approach that engages the entire value chain. The project has gained momentum under Chemours’ leadership, and we’re looking forward to seeing this initiative continue making progress toward achieving its goal of producing an innovative new recycling process.” About The Chemours Company The Chemours Company is a global leader in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials providing its customers with solutions in a wide range of industries with market-defining products, application expertise and chemistry-based innovations. We deliver customized solutions with a wide range of industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and consumer electronics, general industrial, and oil and gas. Our flagship products include prominent brands such as Ti-Pure™, Opteon™, Freon™, Teflon™, Viton™, Nafion™, and Krytox™. The company has approximately 6,400 employees and 29 manufacturing sites serving approximately 3,300 customers in approximately 120 countries. Chemours is headquartered in Wilmington, Delaware and is listed on the NYSE under the symbol CC.

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CHEMICAL MANAGEMENT

Cavitation Technologies Inc. Expands International Operations as Alfa Laval Acquires Its Strategic Partner Desmet Ballestra

Cavitation Technologies Inc. | April 06, 2022

Cavitation Technologies, Inc. announces its plans to expand international operations as one of its key strategic partners Desmet Ballestra a world leader in edible oil and biofuel processing, was acquired by Alfa Laval (listed in Stockholm STO: ALFA and in USA OTC: ALFVY) a leading global provider of first-rate products in the areas of heat transfer, separation, and fluid handling. By signing the Agreement announced on March 31, 2022, Alfa Laval and Desmet Ballestra are no longer in competition with each other. In turn, the acquisition will strengthen CTi’s global position by opening more occasions for their proprietary Nano Reactor ®applications and business opportunities. Since 2010 CTi has granted an exclusive license to Desmet Ballestra—with exclusive rights to market, sell, and supply their technology Nano Reactor ® Systems incorporating Nano Reactor ® Devices—for the sole purpose of producing and/or processing plant oils & fats, or oleochemicals. CTI’s strategic partnership with Desmet Ballestra has been instrumental in delivering CVAT technology and systems around the world. Alfa Laval, already a global leader in the competitive edible oil and biofuel processing market with a market cap of $14.7 billion, will likely become the largest industry player after this acquisition. The merger will be executed in Q2, 2022, and will strengthen Alfa Laval's position in the renewable energy arena and beyond. Alfa Laval has 17,900 employees and its annual sales in 2021 were approx. USD 4 billion. Through the adjacent growth from Desmet being acquired by Alfa Laval, CTi is now looking to expand the relationship with combined companies and scale up its operations internationally. “We are thrilled to have an opportunity to expand our technology not only in vegetable oil refining but also in industrial and municipal wastewater treatment, pharma and biotech as well as other applicable industries,” commented Roman Gordon, Global Technology Manager & Founder of Cavitation Technologies Inc. We look forward to continuing our relationship and work with Desmet Ballestra and Alfa Laval as we anticipate accelerated global system sales in the coming months.” About Cavitation Technologies, Inc Founded in 2007, the company designs and manufactures innovative flow-through devices and systems, as well as develops processing technologies for use in edible oil refining, renewable fuel production, water treatment, and alcoholic beverage enhancement. The company's patented Nano Reactor® systems and various technologies have over 48 patents issued and filed both domestically and abroad. About Desmet Ballestra Group The Desmet Ballestra Group provides engineering and supply of plants and equipment for the following industries worldwide: Oils and Fats and Animal Feed · Detergents, Surfactants and related Chemicals · Oleochemical and Biodiesel. Desmet Ballestra's R&D Team is composed of professionals specializing in Oils and Fats, oleochemicals and chemical processes, using the most comprehensive set of technological resources and equipment. Controlled by Financière DSBG, a holding company based in Paris, France, the Desmet Ballestra Group is present in all major market areas of the world through its integrated business units located in Northern and Central America (USA, Mexico), South America, Asia & Far East (PR China, Singapore, Malaysia), India and Europe. About Alfa Laval Alfa Laval is a leading global supplier of products and solutions for heat transfer, separation and fluid handling through their key products – heat exchangers, separators, pumps and valves. Alfa Laval play

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Humans have five senses, yet none of them can understand unstructured information. Watson helps the oil & gas industry surpass human limits and enables the kind of decision making that keeps operations running at full speed.

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