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Ara Partners | October 07, 2021
Ara Partners ("Ara"), a private equity firm that specializes in industrial decarbonization investments, today announced that it has acquired Fluitron Inc. ("Fluitron" or the "Company"). Terms of the transaction were not disclosed. Based in Ivyland, Pennsylvania, Fluitron is a market leader in manufacturing industrial gas compression and dispensing equipment, including diaphragm compressors, pressure vessels, and other specialized products. Founded in 1976, Fl...
Chemistryworld | June 08, 2020
Thousands of US chemical facilities rely on badly outdated cybersecurity guidance, making them vulnerable to hacking attacks that could not only cause economic damage but also chemical leaks or explosions, a Government Accountability Office (GAO) audit has found. 3300 chemical facilities in the US are classed as high-risk, meaning they use at least one of the 300 chemicals of interest. Included on this list are toxic and explosive compounds such as chlorine and cyclopropane, but also chemicals t...
S&P Global | March 25, 2020
While chemical manufacturing is among sectors deemed critical to combat the spread of the coronavirus, markets continue to face serious challenges as end-users step back and cancel or postpone orders, unable to gauge demand in the coming weeks and months amid increasing stay-at-home orders throughout the Americas. Some polymer markets are showing the strain, as export markets want less US polyvinyl chloride, a construction staple and key economic indicator, and US prices for polyethylene terepht...
Chemical Management
Businesswire | May 15, 2023
Origin Materials, Inc. the world’s leading carbon negative materials company, and Indorama Ventures Public Company Limited, the world’s largest producer of virgin and recycled PET resins, today announced a strategic partnership to accelerate the mass production of bio-based materials. Origin Materials and Indorama Ventures signed a strategic memorandum of understanding to explore initiatives related to the rapid commercialization of low-carbon, bio-based materials. I...
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