Epoxy
January 24, 2023
Crown Polymers Names Le President
The owners of Crown Polymers Corporation would like to announce appointment of Dustin Le as the
new President of Crown Polymers Corporation.
Dustin Le has been in an active role as Vice President and General Manager of Crown Polymers for
the last 7 years. During that time frame, the Crown Polymers R&D team has been focused on
expanding products offering through innovation by leveraging high performance, wide application
latitude, as well as aesthetically pleasing epoxy, acrylics, and urethane coating technologies.
Crown Polymers is actively growing contractors and distributor partners network throughout the country.
Dustin has held various positions from formulating chemist, field technical service, lead engineering
manager, business segment management, to leadership roles in the polyurethane, polyurea, and
epoxy industries. Le received his BS in Chemical Engineering and MBA from Pepperdine University.
“I am excited to be a part of this Crown Polymers team composed of talented
individuals with a shared vision to serve the industry with not only high-quality
products, but making the products more accessible to our customers by
consistently expanding manufacturing footprint, warehouses, and distribution
partners in the Americas. We are launching our bio-based, fast return to service;
CrownBase – fast glue – 8240, and our very own TerraCrown – Terrazzo Epoxy – to
augment our residential, commercial, and institutional markets.” – Le
January 12, 2023
Univar Discussions
Univar gains amid report about interest from PE firms Apollo, Platinum
Jan. 11, 2023 3:17 PM ETUnivar Solutions Inc. (UNVR)APO, BNTGFBy: Joshua Fineman, SA News Editor1 Comment
Univar Solutions Inc. (NYSE:UNVR) rose 3.4% amid a report that private equity firms including Apollo Global (APO) and Platinum Equity may be interested in a takeover of the US chemical distributor.
The PE firms are evaluating offers and potential buyers are holding discussions with Univar (UNVR) this month, according to traders, who cited a Bloomberg report. The talks are early and Univar hasn’t decided if it will sell itself.
The report comes after Brenntag (OTCPK:BNTGF) last Monday said it ended talks to acquire rival chemical distributor Univar (UNVR).
Univar indicated last Monday that it will continue talks relating to other indications of interest that have been received with respect to a potential transaction. Univar (UNVR) is said to have received takeover interest from multiple strategic buyers valuing the company at around $40/share, according to a Street Insider report at the time.
In late November activist Engine Capital, which disclosed it had a ~1% stake in Univar, said the company should start a competitive sales process that invites additional parties to bid for Univar besides Brenntag.
Engine Capital highlighted a letter it sent to Univar’s board in October and estimated that Univar (UNVR) may be worth $38-$44/share in a takeover.
January 10, 2023
U.S. Auto Sales
January 10, 2023
U.S. Auto Sales
December 16, 2022
Bio-Epi
INEOS Inovyn releases new sustainability report, with some ambitious new milestones
- Thursday, December 15, 2022
- INOVYN
- 2021 was a particularly fruitful year for INEOS Inovyn, marked in part by our commitment to reduce our carbon footprint by 33% before 2030 and reach net zero by 2050.
- In 2021, INEOS Inovyn deployed efforts focused on circularity, widening its panel of products made of bio-sourced materials, investing in the development of solutions for advanced recycling of PVC and supporting over 30 local charities and community organisations.
- INEOS Inovyn has been boosting its green hydrogen plans and plans to invest EUR 2 Billion to further cement its position as the European leader on this strategic market.
INEOS Inovyn has published its second sustainability report on 15 December 2022. The new report outlines the steps taken by INEOS Inovyn in 2021 to make our industry more sustainable through our four pillars: responsible production, carbon neutrality, circularity and value to society.
With this report, INEOS Inovyn further acknowledges its responsibility as a world leading PVC producer when it comes to changing mindsets and challenging existing practices along the whole value chain. The report sheds light on various achievements and projects, including:
- Comprehensive Net Zero Carbon Roadmaps across all sites to reach carbon footprint targets. Critical projects to improve the efficiency of our assets have been completed in 2021.
- Project Circle, which sees INEOS Inovyn develop advanced recycling technologies such as chemical recycling to treat PVC from various post-consumer waste streams. This will allow for the inclusion of recycled materials into our product range.
- Further development of bio-sourced products with the launch of REODRIN™ – the world’s first commercially available grade of bio-attributed epichlorohydrin – as well as the expansion of our BIOVYN™ portfolio through extended RSB certification for sites in Sweden and Norway.
- The publication of our first range of Environmental Product Declarations, confirming INEOS Inovyn’s position as the European leader in low-carbon vinyl and chlor-alkali products.
- Acceleration of hydrogen development with project Aquarius, INEOS Inovyn’s first water electrolysis plant at our Rafnes site in Norway, as well as project HyBay which will see INEOS Inovyn ramp up the supply of hydrogen to fuel the UK’s transport.
- Strong support for the launch of VinylPlus® 2030, the European PVC value chain’s 10-year voluntary commitment to sustainable development.
Geir Tuft, CEO of INEOS Inovyn, commented on the report: “2021 was yet another exciting year for INEOS Inovyn. The path towards sustainability is still long, but with each year that passes we demonstrate that our company and the industry at large have the capacity to turn vision into reality.”
The full Report has been prepared in reference to the Global Reporting Initiative (GRI) standards, which create a common language for organisations to report their sustainability impacts. It can be accessed here >> INEOS Inovyn Sustainability Report 2022.
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