Albert Invent Secures $22.5M Series A, Launches Breakthrough™ for Chemical Innovation
Albert Invent, a leading innovator in materials science, has announced the successful closure of a $22.5 million Series A funding round. This round was led by Coatue, with additional support from renowned investors such as TCV, Index Ventures, F-Prime, and…
Classiq, Deloitte Tohmatsu, and Mitsubishi Chemical Achieve Up to 97% Quantum Circuit Compression
Classiq Technologies, a leader in quantum computing software, in collaboration with Deloitte Tohmatsu Group and Mitsubishi Chemical Corporation, has embarked on an innovative project to revolutionize materials development in the chemical field using quantum computing. This joint effort specifically targets…
CarbonQuest and Carbfix Partner on North American Carbon Capture Projects
CarbonQuest, a prominent distributed carbon capture technology innovator, has joined forces with Carbfix, the leading global operator of CO2 mineral storage solutions, through a recently signed Memorandum of Understanding (MOU). This strategic collaboration aims to address emissions in North America’s…
CTC Global Strengthens Leadership Team with Appointment of Industry Expert
CTC Global, a global leader in advanced conductor technologies for the energy sector, proudly announces the appointment of Steve Zogas as its new Chief Financial Officer (CFO). With a career spanning over two decades of leadership in high-growth businesses, Steve…
Transcat Expands Midwest Service Network with Acquisition of Martin Calibration Inc.’s 7 Labs, Including Minneapolis Location
Transcat, Inc., a leading provider of accredited calibration, cost control, and optimization services, has announced its acquisition of privately-held Martin Calibration Inc. (Martin) for $79 million. The deal, finalized on December 10, 2024, includes $69 million in cash and $10…
Tennant Company Launches New Lithium-Ion-Powered T12 and T16 Floor Scrubbers
Tennant Company, a global leader in cleaning solutions, has introduced the lithium-ion-powered versions of its widely recognized T12 and T16 floor scrubbers. This new product innovation aligns with Tennant’s ongoing mission to support its customers’ productivity and sustainability goals. By…
TimberTech® Honored as a 2024 Brand That Matters by Fast Company
TimberTech®, a leader in premium composite decking, has been honored as one of Fast Company’s 2024 Brands That Matter in the Benchmark Brands category. This distinction highlights brands that demonstrate cultural relevance, business impact, and emotional resonance with consumers. TimberTech…
Syngenta and Enko Harness AI to Develop Safe and Sustainable Weed Control Innovations
Syngenta Crop Protection has reached a groundbreaking milestone in its collaboration with Enko, a leader in AI-driven crop health innovation, aimed at revolutionizing weed control solutions. This partnership has successfully leveraged Enko’s advanced ENKOMPASS™ platform to discover new herbicide molecules…
Trinseo Signs Agreement to Restructure Debt and Boost Liquidity
Trinseo, along with certain subsidiaries, has entered a Transaction Support Agreement (TSA) with a group of creditors, collectively referred to as Supporting Creditors, representing holders of senior notes and term loans. This TSA aims to bolster Trinseo’s financial position by…
PCC Group Plans Chlor-Alkali Plant at Chemours Site in DeLisle, MS
The PCC Group has announced plans to establish a state-of-the-art chlor-alkali facility at Chemours’ titanium dioxide (TiO2) manufacturing site in DeLisle, Mississippi, USA. This strategic partnership includes a chlorine supply agreement between PCC and Chemours, contingent on customary conditions being…
SILAL and Bayer Strengthen Agricultural Innovation with New MoU
In a landmark move to advance agricultural innovation, Silal and Bayer have signed a comprehensive Memorandum of Understanding (MoU) at the World Agri-Tech Innovation Summit in Dubai. This marks a significant expansion of their partnership, initially launched in December 2023,…
Celanese Announces New Leadership Appointments and CEO Transition
Celanese, a global leader in chemical and specialty materials, has announced a major leadership transition effective January 1, 2025. Scott Richardson, the current Chief Operating Officer (COO), has been appointed Chief Executive Officer (CEO) and will join the Board of…