Synthomer’s Post

Venator Finalizes Sale of 50% Share in TiO2 Facility to Kronos Venator Materials plc (Venator) has finalized the sale of its 50% stake in the Louisiana Pigment Company (LPC) #Titanium Dioxide manufacturing joint venture facility to #Kronos Worldwide, Inc., its operational partner.   The transaction yielded #Venator $185 million in cash upon completion, with potential for an additional earnout payment of up to $15 million, contingent on working capital adjustments. This strategic move allows Venator to streamline its portfolio and optimize resources, while Kronos expands its footprint in titanium dioxide production, reinforcing both companies' strategic objectives in the global chemicals and materials sector.   Simon Turner, President and CEO, expressed satisfaction with the progress of Venator's transformation plan, emphasizing their commitment to enhancing business strength. By concentrating financial resources and talent on core operating facilities, Venator aims to improve customer service and deliver robust shareholder outcomes. Turner acknowledged customers who have supported Venator products through LPC and thanked the LPC team for their significant contributions. He assured customers in the Americas served from other plants of Venator's unwavering dedication to providing high-quality products and excellent service.   #Venator occupies a prominent position in the global chemicals market, specializing in the development, manufacturing, and marketing of pigments and additives. Their comprehensive product portfolio caters to a wide range of industrial applications. Notably, Venator's pigments contribute to visually striking and durable buildings, while their additives play a crucial role in extending product lifespans and promoting energy efficiency.   To deliver these benefits, Venator strategically operates through two core segments: #Titanium Dioxide (TiO2) and Performance Additives. The TiO2 segment focuses on titanium dioxide products, while Performance Additives encompasses a broader range of functional additives, color pigments, and timber treatment solutions.   With a global footprint, Venator operates a broad network, employing around 2,700 professionals and serving customers across more than 109 countries. This extensive reach underscores Venator's robust presence in the specialty chemicals sector, enabling it to deliver innovative products and solutions worldwide. The company's strategic divestment of its stake in the Louisiana Pigment Company reflects its commitment to optimizing operations and focusing on core competencies, while maintaining a strong international presence to meet the diverse needs of its global customer base. https://lnkd.in/g3DZwTtC #Titanium #TiO2 #Pigment #FerroAlloyNet #summit

𝐌𝐚𝐜𝐃𝐞𝐫𝐦𝐢𝐝 𝐄𝐧𝐭𝐡𝐨𝐧𝐞 🌐 𝐚𝐜𝐪𝐮𝐢𝐫𝐞𝐝 𝐀𝐥𝐥-𝐒𝐭𝐚𝐫 𝐂𝐡𝐞𝐦𝐢𝐜𝐚𝐥 𝐂𝐨𝐦𝐩𝐚𝐧𝐲’𝐬 🌟 𝐜𝐡𝐞𝐦𝐢𝐜𝐚𝐥 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬! 🎉 𝗜𝗻 𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟰, MacDermid Enthone Industrial Solutions, an EIS (Element Solutions Inc.) company & leading surface finishing #technology provider acquired the #AllStar #Chemical Company’s surface finishing & #cleaning chemical solutions. All the proprietary chemical solutions of All-Star’s will be integrated into MacDermid Enthone Industrial Solutions #portfolio. This acquisition will strengthen the MacDermid’s chemical portfolio with industry-leading surface finishing solutions and both the #companies are committed to secure a #profitable & #sustainable future for their customers & the market. 𝑶𝒕𝒉𝒆𝒓 𝒓𝒆𝒍𝒂𝒕𝒆𝒅 𝒓𝒆𝒑𝒐𝒓𝒕:https://bit.ly/3RLiGUe #strategicacquisition #chemicalsolutions #organizations #surfacefinishingindustry #businessstrategy #prophecymarketinsights

NEW FEATURED LISTING: Unlock the potential of a fully built-out cannabis manufacturing Type 7 business, including the prime real estate it operates on. Priced at $3.8M, this investment presents a rare opportunity with the real estate alone valued at $3M, making it a lucrative deal. The owners spared no expense, investing $1.8M in the construction and buildout to establish a state-of-the-art facility. This Type 7 license allows for the use of volatile solvents for extraction or post-extraction processing, as well as non-volatile solvents and mechanical methods. What sets this business apart is its capability to produce high-value... http://ow.ly/6q9R105bCpw #cannabisrealestate #420property

🌟 Exciting Milestones at Oxylum! 🌟 We're thrilled to share some major updates. Our journey at Oxylum is marked by innovation, dedication, and a shared passion for a sustainable future. Today, we have two fantastic reasons to celebrate: Welcoming new talent: the last months, amazing scientific and engineering talents have joined our team. 💪 Dimitra Gaitanou joined us as R&D engineer. With her extensive background in material science, Dimitra brings a wealth of knowledge and a fresh perspective to our projects. 👩🔬 Fábio Miguel Ferreira Vieira came on board as our R&D manager. Fábio's expertise in electrochemical CO2 reduction is crucial as we continue to optimize our processes and scale our solutions. ⚗ Pilot Setup Achievement: We have successfully completed our containerized pilot setup for the electrochemical conversion of CO2 to formic acid! This is a significant step in our mission to reduce carbon emissions and create valuable chemical products sustainably. 🏭 🌍 This achievement is a testament to the hard work and collaboration of our entire team. We are more motivated than ever to push the boundaries of what's possible in the field of carbon capture and utilization. Stay tuned for more updates as we continue to innovate and drive change. Together, we're making strides towards a greener, more sustainable future. #Sustainability #Innovation #TeamGrowth #CarbonCapture #Electrochemistry #CO2Conversion #FormicAcid #ClimateTech

Congratulations! Arran Chemical Company, a member of the Almac Group, is celebrating 40 successful years in business. Watch the video below to learn more about Arran's history, development and investment. Read our recent press release here: https://hubs.li/Q02QVdhP0 Here's to the next 40 years!

Recycling of Li-ion Batteries: Empower Your Understanding of the Competitive and Technological Landscape Thanks to Patent Analysis with Filippo Farina from KnowMade. The global growing demand for batteries has led to the increasing interest for Li-ion batteries recycling. Players on the market need to stay ahead of the technological trends and to understand their competitive environment. In this context, patent landscape analysis is a complementary approach to market research to acquire a deeper knowledge about competitors’ strategies. Through patent landscape analysis, we will uncover IP trends and key IP players, with a focus on cathode active materials. https://lnkd.in/emarnfzU Save €150 with Discount Code 2428-SPK. #AABCEurope

If you have any PP or PE catalyst needs or want to learn more about the significant impact our Evonik Catylen® donors and supports can make, please reach out to me. I would love to discuss how we can help transform your polymerization processes! #Evonik #Catylen #Catalysts

Congrats to MOL Group, Amazing Video, it's an incrediable facility map view. That Show US how important THE POLYOL concepts are on the recycable to sustainable path in the digital era. Work hard and clever and the magic comes, sometimes with 1,3billion sometimes with less, sometimes it comes and we think we see it but only the pay back calculations and results give US the Truth. The question is could the old market polyol facilities and solutions implement continious improvement strategies on the Automation to Digital with less investments?

🧪Innovation in chemicals can help improve everyday life for people and families around the world. Case in point: the proprietary chemical structure of Shell NEODOL® ethoxylates gives personal care products must-have properties like excellent emulsification and cleansing power – balancing priorities like biodegradability and sustainability at the same time. Check out this video to see how Shell NEODOL® can improve the performance of your personal care product line. #PersonalCare #Chemicals #PoweringProgress

witnessing growth and development of ArChemco's exports considering the high level of customer interest in terms of satisfaction with the quality of the products is heartwarming.