14-06-2021
Clariant completes its divestment program by reaching agreement to divest its Pigments business
Clariant, a focused, sustainable and innovative specialty chemical company, today announced that it has reached definitive agreements for the divestment of its Pigments business to a consortium of Heubach Group (“Heubach”) and SK Capital Partners (“SK Capital”) at an Enterprise Value (EV) of CHF 805 million to CHF 855 million on a cash and debt free basis, depending on an earn-out payment of CHF 50 million contingent on the 2021 financial performance of Clariant’s Pigments business. This represents a multiple of 10.7 to 11.4 times the stand-alone adjusted 12-month EBITDA per April 2021 (LTM).
11-06-2021
Mondi’s paper-based EcoWicketBag wins gold in 2021 EUROSAC Grand Prix
Mondi, a global leader in packaging and paper, has once again won the prestigious EUROSAC Grand Prix Sack of the Year award, this year for its revolutionary EcoWicketBag.
10-06-2021
Mondi en Hazeleger Kaas lanceren recyclebare kaasverpakking voor de Nederlandse markt
De wereldwijd toonaangevende verpakkings- en papiergroep Mondi heeft samen met kaasverpakkingsbedrijf Hazeleger Kaas en merkeigenaar Westland Kaas samengewerkt om een duurzame oplossing te vinden voor het verpakken van de Maaslander plakken. Dit heeft geresulteerd in een nieuwe volledig recyclebare polypropyleen (PP) mono verpakking. De meeste gesneden kaas in Nederland wordt nog steeds verpakt in een meerlaagse folie die moeilijk te recyclen is. Deze nieuwe Maaslander verpakking heeft een PP onder en bovenfolie. Ook is er gekozen voor een PP-etiket in plaats van een papieren etiket zodat de nieuwe oplossing in haar geheel kan worden gerecycled. De verpakking is door het Duitse instituut cyclos-HTP gecertificeerd als recyclebaar.
10-06-2021
Clariant’s Glucamides win ACC Sustainability Leadership Award
Clariant is proud to announce that its low-carbon footprint Glucamide surfactants – its GlucoTain® and GlucoPure® product ranges - today received an American Chemistry Council (ACC) Sustainability Leadership Award, in the category Product Safety, Innovation and Transparency.
09-06-2021
Ascend expands HiDura™ LCPA production capacity
Ascend Performance Materials has expanded production capacity for HiDura long-chain polyamides in its Greenwood, S.C., plant. The multi-million dollar expansion will help the company meet growing demand for its new product line.
08-06-2021
GE receives Air Force airworthiness qualification in under a year for first metal 3D-printed, critical jet engine part
GE Aviation has received Engineering Change Proposal (ECP) approval from the US Air Force (USAF) for an F110 additively manufactured sump cover. The latest milestone in the USAF and GE’s pathfinder Pacer Edge program, this F110 component is the first engine component designed for and produced by metal additive manufacturing to be qualified by any US Department of Defense entity.
08-06-2021
Archroma launches its new 'Color Atlas' for polyester to turn inspiration into a collection in just a few clicks
Archroma, a global leader in specialty chemicals towards sustainable solutions, today announced the launch of its new Color Atlas by Archroma® Polyester Library, with 1’440 colors for sportswear, athleisure, swimwear, children's clothing, shoes, fashion and home textiles.
08-06-2021
Belden Continues to Transform LANs and Industrial Sites with Innovative Solutions
Belden Inc. (NYSE: BDC), a leading global supplier of specialty networking solutions, continues to offer its customers more options to manage high density, reduce installation time and safely transmit data and power with new Q2 2021 product launches.
