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Albemarle | June 03, 2021
Albemarle Corporation, a global specialty chemicals industry leader, announced that it had completed the sale of its Fine Chemistry Services business to W. R. Grace & Co. for approximately $570 million, consisting of $300 million in cash. The issuance to Albemarle of preferred equity of a W. R. Grace & Co. subsidiary having an aggregate stated value of $270 million. The sale includes Albemarle's operations in Tyrone, Pennsylvania, and South Haven, Michigan. "The s...
Mlive | June 09, 2020
The coronavirus outbreak has pushed many businesses to innovate or retool with new areas of focus, and Howell’s Nyatex Adhesive and Chemical Co. is among them. The chemical company has a primary focus on automotive plastics and adhesives, but began producing hand and surface sanitizer once company President Jason Hulbert realized he had the means to do so. Hulbert said the company is always adjusting what it produces based on industry demands, and built-in access to the suppliers and chemi...
Energy Live News | March 30, 2020
The US Department of Energy (DoE) has announced up to $25 million (£20.5m) in funding as part of the Plastics Innovation Challenge. The Advanced Manufacturing Office and the Bioenergy Technologies Office jointly released the funding opportunity announcement (FOA) that aims to support recyclable plastic research and development (R&D) and study how to break existing plastics into chemical building blocks that can be used to make higher-value products. Under-Secretary of Energy, Mark W. M...
Chemical Management
ARKO Corp. | February 24, 2022
ARKO Corp. one of the largest convenience store operators and petroleum wholesalers in the United States, announced today that GPM, a subsidiary of ARKO, has entered into an agreement with Quarles Petroleum Inc. for the acquisition of certain assets, including 121 branded and 64 contracted cardlock sites, which are strategically located unmanned fuel sites located on high-traffic corridors in the mid-Atlantic region, at which customers purchase fuel with fleet cards. Quarles...
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