UL Collaborates with Agilis to Simplify Chemical Material and Ingredient Sourcing

UL | September 23, 2020

UL, a leading safety science company, announced today a collaboration with Agilis Chemicals. The collaboration leverages UL Prospector®, a leading search engine for chemical materials and ingredients and Agilis' e-commerce technology expertise in the chemical industry, to offer purchase and fulfillment solutions to Prospector users. Formulators and engineers who rely on Prospector for material and ingredient research and selection can now initiate material purchasing while on Prospector. Additionally, over 4,500 suppliers on Prospector can now build branded e-commerce portals with Agilis and link them with Prospector to offer end users an easy, convenient and secure way to buy their products. This will allow suppliers to more easily reach purchase-ready material buyers. Producers can also enroll their distributors and third-party logistics (3PL) providers for seamless order fulfillment.

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Companies in the chemical industry operate in a complex business environment. You face both internal and external challenges that are putting increased pressure on your organization. You must address safety, compliance, and regulatory requirements across complex production processes and global supply chains.


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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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CHEMICAL TECHNOLOGY

Vertellus Acquires Polyscope Polymers

Vertellus | February 01, 2022

Vertellus, a manufacturer of specialty materials for various personal care, performance coatings, polymer additives, healthcare and food & beverage markets, today announced it has acquired Polyscope Polymers B.V. a global leader in specialty additives for coatings, electronics applications and engineering polymers. With the addition of Polyscope’s complementary product portfolio and advanced manufacturing capabilities, Vertellus expands its European production capabilities and extends its reach in high-growth end markets. Polyscope is a global leader in the development and production of styrene maleic anhydride (SMA®) copolymers necessary for product applications across the electronic, automotive and specialty coatings & ink markets. With its innovative technology and engineering capabilities, Polyscope is well-positioned to capitalize on growth in these expanding markets. Polyscope operates a state-of-the-art production facility strategically located in Geleen, The Netherlands, and serves as a key partner to more than 300 customers across over 35 countries. John Van Hulle, CEO of Vertellus, said, “Polyscope adds a complementary portfolio of high-quality solutions, a track record of innovation and a world-class global platform in attractive end markets to Vertellus. Together we will serve our customers with a unique product offering and our shared value-driven approach. I am pleased to welcome the Polyscope team to Vertellus.” Patrick Muezers, Polyscope CEO, said, “Vertellus is the ideal partner to support the company’s next phase of growth and innovation. We will be able to leverage Vertellus’ global resources, capabilities and strong market leadership to better serve our customers and bring our high-quality products to additional customers throughout our markets.” Thomas Chadwick, Principal at Pritzker Private Capital, added, “This highly strategic acquisition strengthens Vertellus’ global platform and positions the combined company for growth. We look forward to continuing to support the Vertellus and Polyscope teams as they serve customers with innovative, high-quality products and services.” Indianapolis-based Vertellus is owned by Pritzker Private Capital and management. About Vertellus Vertellus is a leading global manufacturer of specialty materials and key ingredients for fundamental consumer necessities. With a growing portfolio of solutions, Vertellus is dedicated to becoming the preferred global supplier of specialty ingredients and innovative materials that enhance quality of life, support health and wellness and enable customers to deliver value-added solutions. Vertellus technology can be found in personal care products, pharmaceuticals, medical devices, nutraceuticals, food & beverages, performance coatings, transportation additives and more. Headquartered in Indianapolis and founded in 1857, Vertellus has more than 1,300 employees across 15 international research and manufacturing facilities. Vertellus is a Responsible Care® company. About Polyscope Polyscope is a global leader in the research, development, and production of styrene maleic anhydride (SMA®) copolymers, a vital material for product applications in high-growth electronics, automotive, coatings and inks end markets. The company offers a broad range of SMA® and SMANPMI co- and terpolymers and compounds for engineering plastic and specialty chemical applications under the trade names XIRAN® and XILOY™. Polyscope’s global customer base is supported by production and research & development conducted in Geleen, The Netherlands, and with local compounding, contract manufacturing facilities and sales and marketing support in Europe, North America, and Asia. About Pritzker Private Capital Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products and services sectors. The firm’s differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur and family owned companies. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment.

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CHEMICAL MANAGEMENT

Univar Solutions Expands Houston Solution Center with Addition of Homecare and Industrial Cleaning Laboratory

Univar Solutions Inc. | February 03, 2022

Univar Solutions Inc. a global chemical and ingredient distributor and provider of value-added services, followed up on its commitment to lead technical innovation for the chemical and specialty ingredient industry with the addition of a full-service homecare and industrial cleaning laboratory to its flagship Solution Center in Houston, Texas. A hub for innovation, product testing and application development, this latest investment will further enable Univar Solutions to help its customers better respond to shifts in consumer demand, regulatory changes and ingredient trends with a particular focus on sustainable and natural solutions. A dedicated team of scientists, chemists and technical experts, backed by the latest equipment, analytics and advanced testing processes, will partner with customers and suppliers to help deliver next-generation homecare and industrial cleaning products for better performing and more environmentally friendly solutions. "The fast-growing and ever-evolving nature of the cleaning industry means companies need a valued partner with deep expertise and the latest technology who can help drive technical innovation to bring better sustainability and accelerate the time to market," explained Aaron Lee, global vice president of homecare and industrial cleaning. "We're excited to offer our customers and suppliers access to a truly world-class technical facility staffed by some of the cleaning industry's brightest minds, where together we can help create greener, more sustainable products and solutions for a better world." Across homes, industries and other institutions, the demand for effective, environmentally conscious and sustainable cleaning products is accelerating, particularly in response to the global pandemic and an increase in ingredient literacy. Operating at the intersection of science and technology, the scientists, chemists and technical experts across Univar Solutions' global network of Solution Centers work to help bring simpler, cleaner and more sustainable and effective products to market across the homecare and industrial cleaning, beauty and personal care, food ingredients, pharmaceutical ingredients and other markets. "With our finger on the pulse of ingredient trends, we're combining deep industry and technical knowledge with the latest technology, testing and processes to help brands more efficiently bring new and more environmentally friendly products to market, enter new industry segments, reformulate existing products and respond to consumer demand. The expansion of our flagship facility in Houston, Texas, is just one piece of a global network of solution centers that help support our diverse portfolio of global customers and suppliers." Dr. Andrew Mint, director of global Solution Centers for Univar Solutions Among other services, the laboratory will offer efficacy testing of cleaning products, as the homecare and industrial cleaning industry continues to adapt to the changing demands that have occurred as a result of the COVID-19 pandemic and to help bring more sustainable options to the market. End product applications expected to be developed at the facility include industry staples such as detergents, cleaners and disinfectants. About Univar Solutions Univar Solutions is a leading global specialty chemical and ingredient distributor representing a premier portfolio from the world's leading producers. With the industry's largest private transportation fleet and technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, formulation and recipe development, and leading digital tools, the Company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications. While fulfilling its purpose to help keep communities healthy, fed, clean and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together.

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CHEMICAL MANAGEMENT

Gradient Ventures Closes Out BluePallet’s Series A

Gradient Ventures | February 09, 2022

Gradient Ventures, Google’s early stage AI-focused venture fund, has joined BluePallet’s Series A, oversubscribing the round led by the venture arm of Vinmar International. “Innovation is crucial to the continuing success of any organization and we’re excited about the doors that will be opened through Gradient’s support and resources. ” - Salvatore Cacciatore, Co-Founder and Chief Technology Officer at BluePallet An industrial commerce platform for the chemical sector, BluePallet’s end-to-end capabilities already represent a dramatic leap forward for the $5 trillion industry that has been one of the last to embrace digitalization. The platform layers in logistics, inventory, and payment capability services. "BluePallet seems like an integral tool to help push chemical sales and marketing into the digital age. We believe that BluePallet will help Mitsui's product offerings reach a wider audience while helping to bolster our sales and marketing functions. BluePallet’s customizable set up and versatility will help fine tune our trading capabilities and improve areas from logistics to fulfilling customer’s detailed requests." Andrew Arzberger. Sr. Marketing Manager at Mitsui & Co Ltd The platform’s end-to-end capabilities, and ability to make payments of up to $1 billion per transaction, are just the tip of the iceberg for chemical manufacturers, distributors, and buyers who also manage large amounts of diverse and complex data. Gradient invests in and connects early-stage startups with resources, innovation, and technical leadership in artificial intelligence. Enhanced AI capabilities could have an exponential impact on the speed of sourcing raw materials for manufacturers and distributors as well as easing the discovery of complementary products. “Managing the purchase and shipment of products on our platform should be table stakes for our users. Helping them make smarter and more informed decisions is how we truly add value.” - Scott Barrows, Chief Executive Officer at BluePallet The pandemic exposed supply chain vulnerabilities for businesses of all sizes as the inability to source raw materials significantly impacted nearly every sector. Gradient is betting that BluePallet will accelerate the rapidly evolving chemical industry’s evolution into data-centric business operations and real-time analytics with profoundly positive effects. “BluePallet’s platform integrates best in class solutions for the chemical sector without sacrificing the needs of the players within it, whether they are Fortune 50 or small businesses. This combination of vision, understanding, cutting edge technology and innovation uniquely positions BluePallet to tackle the challenges faced in chemical commerce.” - Zach Bratun-Glennon, Partner at Gradient Ventures About BluePallet BluePallet is an end to end industrial commerce platform, providing solutions for search, logistics, transactions, and everything in-between. Formed through a merger between Velloci, a FinTech platform and the chemical marketplace, EchoSystem, BluePallet is based on the platform created by co-founder and CEO, Scott Barrows - now utilized by Ticketmaster, Live Nation, and the NFL. About Gradient Ventures Gradient Ventures is Google’s AI-focused venture fund — investing in and connecting early-stage startups with resources, innovation, and technical leadership in artificial intelligence. The fund focuses on helping founders navigate the challenges in developing new technology products, using the latest best practices in recruiting, marketing, design, and engineering so that great ideas can come to life. Gradient was founded in 2017 and is based in Palo Alto, California.

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Companies in the chemical industry operate in a complex business environment. You face both internal and external challenges that are putting increased pressure on your organization. You must address safety, compliance, and regulatory requirements across complex production processes and global supply chains.

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