PUMA, a leading sportswear company, has collaborated with a multi-brand consortium to unveil the world’s first garment made entirely from textile waste, utilizing CARBIOS’ innovative biorecycling technology. This pioneering approach, developed by French company CARBIOS, allows the enzymatic breakdown of…
Element Solutions Inc, a leading global specialty chemicals company, has announced its financial results for the three and nine months ending September 30, 2024. Executive Commentary Benjamin Gliklich, President and Chief Executive Officer, stated, “Element Solutions delivered robust results once…
Trex Company, the world’s largest manufacturer of wood-alternative decking and railing, announced its financial results for the third quarter of 2024. “We are pleased to reaffirm our net sales guidance at $1.14 billion and expect our EBITDA margin to reach…
Transition Industries LLC has signed a Letter of Intent (LOI) with Mitsubishi Gas Chemical Company, Inc. (MGC) for a long-term Methanol Sales Agreement (MSA). Under this agreement, Transition Industries will supply MGC with approximately 1 million metric tons per year…
Danimer Scientific, a leader in next-generation bioplastics focused on developing and producing biodegradable materials, announced that on September 27, 2024, the United States Court of Appeals for the Second Circuit upheld the 2023 dismissal of a putative class action complaint…
Green Plains has commenced continuous production of dextrose syrups at the world’s first commercial Clean Sugar Technology™ (CST™) facility, located in Shenandoah, Iowa. This pioneering system, developed by Fluid Quip Technologies, produces low-carbon-intensity dextrose and glucose corn syrups with up…
Lone Star Funds has signed a definitive agreement through its affiliate, Lone Star Fund XI, LP, to sell AOC, a global leader in specialty chemicals, to Nippon Paint Holdings Co., Ltd. (NPHD). AOC, a prominent manufacturer of specialty chemical formulations,…
RYAM, a leader in high-purity cellulose, has announced that its facility in Jesup, Georgia, has fully resumed operations ahead of schedule following an isolated fire on October 11. All production lines are now operating at full capacity, producing on-grade material.…
The “Global Gaskets & Seals Market – Focused Insights 2024-2029” report is now available through ResearchAndMarkets.com. The global gaskets and seals market is projected to grow from $72.03 billion in 2023 to $100.72 billion by 2029, reflecting a compound annual…
Black Bay Partners, a prominent private equity firm specializing in growth investments within the lower-middle-market energy, industrial, and specialty chemicals sectors, is pleased to announce key additions and promotions to its leadership team. N. John Lancaster, Jr. has joined the…
Sensient Technologies Corporation (NYSE: SXT), a global leader in flavors and colors for the food, pharmaceutical, and personal care industries, has released its financial results for the third quarter of 2024. Key Highlights Paul Manning, Chairman, President, and CEO, expressed…
Barnes Group Inc., a global provider of advanced industrial technologies and engineered solutions, has released its financial results for the third quarter of 2024. Despite ongoing production delays from aircraft manufacturers, Barnes’ Aerospace OEM segment experienced strong order growth in…