Today, we announced an historic agreement for a $30 million equity investment in U.S.-based sustainable biofuel developer Fulcrum BioEnergy, a pioneer in the development and commercialization of converting municipal solid waste into low-cost sustainable aviation biofuel. It is also the single largest investment by a U.S. airline in alternative fuels and sets us apart in […]
PITTSBURGH, – PPG Industries (NYSE:PPG) announced that it has reached a definitive agreement to acquire IVC Industrial Coatings, Inc., a U.S.-based specialty powder and liquid coatings manufacturer with 2014 sales of more than $100 million. The transaction is expected to close in the third quarter, subject to customary closing conditions. Financial terms were not disclosed. […]
Ingenuity is one of our country’s greatest assets. America’s entrepreneurs and innovators have a legacy of unleashing their creativity, grit, and imagination to invent, discover, and build solutions that not only contribute to our growing economy, but also solve some of the toughest challenges facing the nation. Investing in homegrown innovation, including the development of […]
WILMINGTON, Del., – Seisco International is introducing the next generation Supercharger tankless water heater unit, which uses DuPont engineering polymers in several components. The units can help homeowners meet National Appliance Energy Conservation Act (NAECA) requirements, which were updated in April. The new standards, according to Seisco President David Seitz, could drive up the cost […]
A new agreement between the United States and the European Organization for Nuclear Research (CERN) signed today will pave the way for renewed collaboration in particle physics, promising to yield new insights into fundamental particles and the nature of matter and our universe. The agreement, signed in a White House ceremony by the U.S. Department […]
The Dow Chemical Company (NYSE: DOW) today announced a series of actions to further streamline the organization and optimize its footprint as a result of the Company’s pending separation of a significant portion of its chlorine value chain. Dow has shifted its portfolio toward targeted, integrated high-value markets, and as a result the Company is […]
The Dow Chemical Company (NYSE: DOW) announced today that it has signed a definitive agreement under which AgroFresh, its post-harvest specialty chemical business, will be acquired by Boulevard Acquisition Corp. (NASDAQ: BLVD, BLVDU, BLVDW), a public investment vehicle, formed by Avenue Capital Group, for $860 million, or 9.2x EBITDA multiple based on 2014 earnings. The […]
HOUSTON– Waste Management, Inc. (NYSE: WM) today announced that it has received all required approvals for and has now closed on the previously announced acquisition of the outstanding stock of Deffenbaugh Disposal, Inc. (“Deffenbaugh”). “The acquisition of the Deffenbaugh assets aligns perfectly with our stated goal of driving shareholder value by maximizing our focus on […]
Dow Microbial Control, a business unit of The Dow Chemical Company (NYSE:DOW) and the manufacturer of SILVADUR™ Antimicrobial, has announced that Pulcra Chemicals has been added to its global distributor network for SILVADUR Antimicrobial. Pulcra Chemicals, headquartered in Geretsried, Germany, is a leading global supplier of innovative specialty chemicals and systems solutions for increasing the […]
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