Avestra

Chemical Technology

Huntsman | December 08, 2020

Huntsman Corporation today reported its consent to secure Gabriel Performance Products, a North American forte substance maker of strength added substances and epoxy restoring specialists for the coatings, glues, sealants and composite end-markets, from reserves claimed by Audax Private Equity. Under terms of the arrangement, Huntsman will pay $250 million, subject to standard shutting changes, in an all-money exchange subsidized from accessible liquidity. Gabriel had 2019 incomes...

Chemical Technology

Air Liquide, BASF | November 22, 2021

Air Liquide and BASF are planning to develop the world’s largest cross-border Carbon Capture and Storage (CCS) value chain. The goal is to significantly reduce CO2 emissions at the industrial cluster in the port of Antwerp. The joint project “Kairos@C” has been selected for funding by the European Commission through its Innovation Fund, as one of the seven large-scale projects out of more than 300 applications. Kairos@C will be jointly developed by Air Liquide an...

WIZM | February 01, 2020

3M has been subpoenaed by a federal grand jury in connection to discharges from a chemical plant in northern Alabama that may not have complied with permit requirements. Michael Roman, the Minnesota-based company’s CEO, announced the subpoena during an investor conference call Tuesday, WHNT-TV reported. The company faced lawsuits and public scrutiny last year after it was accused of releasing chemicals from its factory in Decatur into the Tennessee River without disclosing its actions.
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Chemical Management

International Petroleum Corporation | February 07, 2022

A new business, Refhuel, which will focus on reversible fuel cell technology launches. It’s the result of a license agreement signed between Refhuel Limited, a subsidiary of Decama Capital Ltd, an Israeli investment company headquartered in the UK and listed on the Tel Aviv Stock Exchange and BIRAD, Bar-Ilan University’s research and development company. The pioneering technology to allow reversible fuel cells, which is already in development, has been w...