CHEMICAL TECHNOLOGY

White Cap Expands Northeast Region with Acquisition of Tri-Supply & Equipment

White Cap | September 03, 2021

White Cap Supply Holdings, LLC  has closed on the agreement to acquire Tri-Supply & Equipment. Based in New Castle, Del. with two other locations in Salisbury, Md. and Dover, Del., Tri-Supply & Equipment will join White Cap in the Northeast Region in serving its local customers with exceptional customer service.

"We are excited about the ability to leverage our combined branch footprint to better serve our customers in the mid-Atlantic area. There are no other White Cap branches in Delaware, and we are proud to combine our national product offerings with the local, unique rental and construction supply strength of Tri-Supply & Equipment," said John Stegeman, Chief Executive Officer of White Cap.

The combined teams of talented associates from Tri-Supply & Equipment and White Cap in the Northeast Region will be able to offer even stronger service capabilities, depth of inventory and breadth of products for local customers.This acquisition is the second for White Cap since becoming an independent company in October 2020 and the first in the United States.

About White Cap
White Cap Supply Holdings, LLC. ("White Cap") serves as a one-stop shop providing concrete accessories and chemicals, tools and equipment, building materials and fasteners, erosion and waterproofing and safety products to professional contractors by meeting their distinct and customized supply needs in non-residential, residential and infrastructure end markets. White Cap includes Brafasco, Brock White and NCA in Canada and multiple brands that fall under Construction Supply Group. White Cap operates nearly 400 branches across the U.S. and Canada with approximately 7,000 employees and offers nearly 450,000 SKUs to approximately 150,000 customers.

About Tri-Supply & Equipment
Tri-Supply & Equipment was founded in 1998 to provide a single source for recognized, quality brands of materials, equipment, and service in the construction industry. Servicing the Mid-Atlantic region, Tri-Supply & Equipment is dedicated to fulfilling all material and equipment job site demands. Tri-Supply & Equipment has steadily become a leading supplier of the excavating, concrete, and masonry contractors, representing only the best manufacturers and suppliers.

Spotlight

The authors thank Pramoda Gode, Joshua Miller of ICCT, Puneet Kamboj of CEEW,
Gerald Ollivier of the World Bank, and Pierpaolo Cazzola and Craglia Matteo, both of
ITF, for helpful reviews. Any errors are the authors’ own.


Other News
CHEMICAL MANAGEMENT

JIOS Aerogel Commissions New Factory in Singapore for Electric-Vehicle Battery Components

JIOS Aerogel | November 17, 2022

JIOS Aerogel, a leading innovator in critical components for electric-vehicle batteries, has unveiled a plan to commission a state-of-the-art factory in Singapore to produce cutting-edge technology for battery manufacturers. The facility will use a breakthrough, automated production process that was developed with the support of the Singapore Economic Development Board. The first manufacturing equipment will be delivered to the factory in December 2022, with output from the company's Pilot Line commencing in Q1 2023. JIOS' fully automated line will be running at total capacity in Q4 2023, producing the company's range of Thermal Blade™ products that mitigate the risk of thermal runaway in the batteries of electric vehicles. The commissioning of the JIOS Aerogel facility is supported by the EDB, a government agency under the Ministry or Trade and Industry of Singapore. EDB is responsible for strategies that enhance Singapore's position as a global centre for business, innovation and talent. JIOS investment is in response to substantial increases in demand for its products, with automakers estimated to spend $1.2 trillion in the next 8 years on EVs, batteries, and materials. This investment to manufacture aerogel-based materials leverages multiple innovations in products and processes developed by researchers at the JIOS Innovation Centre in Singapore. JTC: Singapore's sustainable innovation factory The JIOS Aerogel factory will be located at the JTC Chemicals Hub, Singapore's first high-rise, multi-tenanted development designed to house companies involved in the manufacturing, blending, and of distributing chemicals. JTC is the government agency championing sustainable industrial development in Singapore. JTC's plug-and-play solutions allow JIOS to reduce its upfront capital costs and shorten set-up time while simultaneously maintaining low overhead costs. The Chemicals Hub comes with a suite of safety-compliant features such as enhanced fire protection systems shared facilities like fire-water retention tanks and a centralized foam system. Scaling global supply of chemicals and materials for electric vehicles The rapid growth in electric vehicles is driving substantial opportunities for chemical and materials manufacturers, with a potential value pool of more than $20 billion by 2030, excluding battery cell chemistry. "Establishing our manufacturing facility is the next step in our investment program, as we commercialize our product innovation and development supported by the Singapore Economic Development Board. The factory's location at JTC was chosen to support the rapid industrialization of our products, to achieve the scale and competitive cost position required by global automakers." Andrew Stearns, CEO at JIOS Aerogel About JIOS Aerogel JIOS Aerogel is the world's leading manufacturer of silica aerogel powder. Founded in 2013 to pioneer a new process that dramatically lowers the cost of aerogel production, the company has progressed rapidly to prove the scalability of its technology. Since 2019 the company's joint-venture operation with a global insulation company has used its patent-protected manufacturing process to produce insulation for the industrial, oil & gas markets. JIOS Aerogel's technology portfolio includes solutions that mitigate thermal runaway in lithium-ion batteries. These solutions address one of the key challenges in electrification, supporting the rapidly expanding markets for electric vehicles (EVs) and Energy Storage Systems. JIOS Aerogel is headquartered in Singapore and is backed by investors that include a Fortune 500®, global manufacturer.

Read More

CHEMICAL MANAGEMENT

Siemens and sustamize collaborate to add carbon emissions data to Siemens Xcelerator

Siemens Digital Industries Software | September 20, 2022

Decarbonization is a key focus for leading design, engineering and manufacturing organizations. To provide access to the most up to date CO2e emission data for materials and energies, Siemens Digital Industries Software today announces its collaboration with sustamize GmbH, a leading ClimateTech company providing professional technology, data and software solutions enabling companies to measure, optimize and manage CO2 emissions. The new Teamcenter® Carbon Footprint Calculator software, part of the Teamcenter product cost management solution from the Siemens Xcelerator platform, enables organizations to measure, simulate, reduce and track their product carbon footprint early in the development phase. This will empower different departments to measure, optimize and manage carbon footprints at each level of the product value chain. “Today, it is thought that 80 percent of the environmental impact associated with a product can be avoided in the development and design phase. Our collaboration with sustamize will enable customers to understand the environmental impacts of their products and processes early in the product development based on comprehensive, up to date, data,” said Eryn Devola, Vice President of Sustainability, Siemens Digital Industries Software. “By empowering our community to make fact-based decisions based on uniform data along the entire supply chain, we can assist them to avoid hazardous materials, use materials and energy efficiently, develop clean manufacturing procedures and help to accelerate the transition to net zero.” Through this collaboration, the wealth of data from sustamize’s Product Footprint Engine, including a prepackaged CO2 emission factors library with frequently used material and energy factor set, will be accessible through the Siemens Xcelerator portfolio. This will support the calculation of the product carbon footprint and scope 3 emissions (for purchased parts and external services) with the capability to add additional category data sets based on demand. sustamize’s technology enables automated product carbon footprint management with one of the world’s largest CO2e database and intelligent algorithms, so the Product Footprint Engine is based on scientifically researched data enriched with more than 20 years of industry know-how and validated according to ISO 14048 by DEKRA. "Empowering users across manufacturing focused organizations to understand the CO2e impacts and drivers in their own products and supply chains, while working with a sophisticated tool that is already familiar and user-friendly, is a game changer in overcoming hurdles related to CO2e management,” Viola Hasani, Co-founder and Customer Success Lead, sustamize Siemens Digital Industries Software is driving transformation to enable a digital enterprise where engineering, manufacturing and electronics design meet tomorrow. The Siemens Xcelerator portfolio helps companies of all sizes create and leverage digital twins that provide organizations with new insights, opportunities and levels of automation to drive innovation.

Read More

CHEMICAL TECHNOLOGY

ExxonMobil to Sell Its Share of Aera Energy Joint Venture

ExxonMobil | September 01, 2022

ExxonMobil affiliates have signed an agreement to sell all of ExxonMobil’s interests in the Aera oil-production operation in California to Green Gate Resources E, LLC, a subsidiary of IKAV. The transaction involves a share sale of Mobil California Exploration & Producing Asset Company. In addition, ExxonMobil affiliates have entered into a separate agreement for the sale of an associated loading facility and pipeline system. “This sale is part of our strategy to continually strengthen our industry-leading portfolio, focusing our investments in low-cost-of-supply oil and natural gas to meet consumer demand and create value for our shareholders,” Liam Mallon, president of ExxonMobil Upstream Company Mobil California Exploration & Producing Company holds a 48.2% share of Aera Energy LLC and a 50% share of Aera Energy Services Company, a joint venture with Shell. It was formed in June 1997 and has operations in eight onshore fields. In 2021, Aera produced about 95,000 oil-equivalent barrels per day. The sale does not affect ExxonMobil’s branded network of about 500 independently owned retail sites in California. The transaction is expected to close in the fourth quarter of 2022, subject to regulatory approvals. About ExxonMobil ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society’s evolving needs. The corporation’s primary businesses - Upstream, Product Solutions and Low Carbon Solutions - provide products that enable modern life, including energy, chemicals, lubricants, and lower-emissions technologies. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants and chemical companies in the world. To learn more, visit exxonmobil.com and the Energy Factor.

Read More

CHEMICAL TECHNOLOGY

eMolecules acquires Frontier Scientific Inc. and Frontier Agricultural Sciences Inc.

eMolecules Inc. | September 08, 2022

eMolecules, Inc., provider of a leading chemistry search-and-fulfillment platform for early drug discovery research, announced the acquisitions of Frontier Scientific Inc. and Frontier Agricultural Sciences Inc. Financial terms of the transactions were not disclosed. FSI is a leading provider of chemical materials management and custom research services to the pharmaceutical, biotechnology, industrial chemical, government, and academic sectors, helping global organizations reduce time to market, internal costs and resource requirements. FAS is a top provider of research materials to the entomology research community, enabling accelerated development of agricultural chemistry products. All FSI and FAS employees will join eMolecules and will continue to operate out of the companies' main location in Newark, Delaware, USA. "We are truly excited to welcome the FSI and FAS teams into the eMolecules family. Our shared dedication to providing outstanding customer service and delivering specialized solutions that simplify the lives of chemistry researchers were the primary drivers behind this combination. We have worked with Frontier for many years and have been impressed and enthused by the talent that will now be joining and complementing our growing team." Niko Gubernator, CEO and President of eMolecules "R&D departments are under enormous pressure to usher drug candidates through clinical development more quickly and at lower operational costs than ever before. This growing expectation, combined with unstable global supply chains, underscores the need for more robust, cost-efficient chemical supply and management solutions," continued Niko. "FSI's compound management, sample processing, and chemical analytical and procurement services perfectly complement eMolecules' revolutionary specialty chemistry search-and-fulfillment offerings. The combined companies will offer a comprehensive suite of capabilities that will help our customers run more efficient R&D programs, even in times of uncertainty. Additionally, FAS' support of leading agricultural research organizations will serve as an anchor for eMolecules to grow into this important adjacent market." "Today's combining of FSI and FAS with eMolecules marks the beginning of an exciting new chapter for our customers and employees," said Bert Israelsen, co-owner and Executive Vice President of FSI and FAS. "As part of eMolecules, FSI and FAS will deliver more value to customers due to the expanded breadth and depth of offerings for specialty chemistry research that will be offered from one company. We are thrilled to embark on a new journey with eMolecules that will further transform drug discovery around the world." Sriram Venkataraman, Partner at Avista Capital Partners, said, "The transaction represents a key milestone in eMolecules' growth strategy and in its journey to expand into additional markets and service offerings. The combination establishes a one-stop shop for efficient end-to-end solutions that facilitates chemical compound procurement and management for highly specialized chemists, and provides new entry points for eMolecules into the attractive agricultural chemistry market." About eMolecules Inc. eMolecules was founded in 2005 with a vision to reduce drug discovery timelines through improved efficiencies in the compound search and acquisition process. This led to the creation of the industry's most powerful, reliable and accurate digital chemical search engine directly connecting chemists to the world's largest readily available chemical space. eMolecules specializes in unique structures with dependable delivery options coming from a trusted network of hundreds of suppliers, globally. With an extensive chemical database combined with industry-leading supply chain management, eMolecules delivers compounds quickly and reliably to chemists enabling the completion of more syntheses with more confidence and less time in the lab. eMolecules remains the primary global purchasing channel for chemical building blocks and screening compounds at 13 of the top 15 pharmaceutical companies. Continued commitment to supporting drug discovery research has led to the expansion of eMolecules' services to providing chemical intelligence data, specialty reagent procurement services and providing integrated eCommerce software for chemical building blocks, screening compounds, and primary antibody supply chains. With nearly 60 employees globally, eMolecules is headquartered in San Diego, California, USA and has laboratory space and offices in California, USA and London, UK. Avista Capital Partners, a private equity firm, became the primary investors of eMolecules in 2021. About Frontier Scientific Inc. The Sample Management Division of Frontier Scientific Inc. (FSI) was founded in 1988, with its primary business being the global distribution of commercial screening samples. This experience in sample reformatting and distribution evolved to a service providing outsourced material management of proprietary compound collections starting in 2002. Subsequent successes have led to the growth of this service, now supporting over 90 R&D organizations with total compounds under management exceeding 15 million in a variety of formats.

Read More

Spotlight

The authors thank Pramoda Gode, Joshua Miller of ICCT, Puneet Kamboj of CEEW,
Gerald Ollivier of the World Bank, and Pierpaolo Cazzola and Craglia Matteo, both of
ITF, for helpful reviews. Any errors are the authors’ own.

Resources