The Urethane Blog
Everchem Updates
VOLUME XXI
September 14, 2023
Everchem’s exclusive Closers Only Club is reserved for only the highest caliber brass-baller salesmen in the chemical industry. Watch the hype video and be introduced to the top of the league: — read more
January 26, 2021
The Shepherd Chemical Company
We are excited to announce a couple well-deserved leadership changes here at Shepherd, effective January 4th.
Please join us in congratulating Jennifer Haggard on her promotion to Global Business Leader [Carboxylates and Organics] and Kelly Wray for taking on the role of General Manager for Shepherd Chemical!
Jennifer’s work at Shepherd has strengthened key commercial relationships and has been instrumental in growing Shepherd’s North American PU catalyst partnership with Everchem. Her energy, creativity, and commitment to long term business development will be a great asset to Shepherd’s CXO segment team.
Kelly Wray is a Chemical and Environmental Engineering graduate of the University of Toledo and has a twenty year track record of advancing Shepherd’s core purpose and living our core values. Kelly has demonstrated the ability to build relationships of trust characterized by a healthy challenge process and open knowledge sharing with team members and customers in Europe, Asia and the Americas. Kelly’s sales and business segment leadership have resulted in growing revenues and strong, long term strategic partnerships. His leadership in the General Manager role will continue to catalyze healthy growth and increasing impact for good in each of our core purpose arenas
January 26, 2021
Fuel prices up for 11th straight week, hit highest mark since March 2020
Overdrive StaffJan 20, 2021
Trucking news and briefs for Wednesday, Jan. 20, 2021:
Diesel fuel prices across the U.S. increased for the 11th straight week during the week ending Jan. 18, according to the Department of Energy’s weekly report.
According to DOE, the average price for a gallon of on-highway diesel is $2.696, up 2.6 cents from the previous week and up 32.4 cents from the 2020 low mark of $2.372 per gallon during the week ending Nov. 2.
Fuel prices are now at their highest point since the week ending March 16, 2020, when prices stood at $2.733 per gallon.
During the most recent week, prices increased in all regions, with the most significant increase being seen in New England, which saw a 6.4-cent increase.
California is home to the nation’s most expensive diesel at $3.448 per gallon, followed by the Central Atlantic region at $2.924 per gallon.
The cheapest fuel can be found in the Gulf Coast region at $2.461 per gallon, followed by the Rocky Mountain region at $2.603 per gallon.
January 26, 2021
Fuel prices up for 11th straight week, hit highest mark since March 2020
Overdrive StaffJan 20, 2021
Trucking news and briefs for Wednesday, Jan. 20, 2021:
Diesel fuel prices across the U.S. increased for the 11th straight week during the week ending Jan. 18, according to the Department of Energy’s weekly report.
According to DOE, the average price for a gallon of on-highway diesel is $2.696, up 2.6 cents from the previous week and up 32.4 cents from the 2020 low mark of $2.372 per gallon during the week ending Nov. 2.
Fuel prices are now at their highest point since the week ending March 16, 2020, when prices stood at $2.733 per gallon.
During the most recent week, prices increased in all regions, with the most significant increase being seen in New England, which saw a 6.4-cent increase.
California is home to the nation’s most expensive diesel at $3.448 per gallon, followed by the Central Atlantic region at $2.924 per gallon.
The cheapest fuel can be found in the Gulf Coast region at $2.461 per gallon, followed by the Rocky Mountain region at $2.603 per gallon.
January 26, 2021
Chemical Deal Results
| Seller | Buyer | Business | Date |
|---|---|---|---|
| Tenex Capital | Wellspring Capital | Cadence Petroleum Group (distribution of lubricants, fuel, antifreeze, diesel exhaust fluid, and other ancillary products) | 4th Quarter 2020 |
| Polysi Technologies | The Fuchs Group | silicone lubricants | 4th Quarter 2020 |
| Tilley Chemical | SK Capital | distributor and value-added service provider of specialty chemicals and lubricants | 4th Quarter 2020 |
| New Nautical Coatings | Akzo | yacht coatings | 4th Quarter 2020 |
| Islechem | Aceto (New Mountain Capital) | chemical manufacturing, contract research and development (R&D), analytical services, and technical and support services | 4th Quarter 2020 |
| Microbiome Labs | Novozymes | probiotic and microbiome solutions – $40s | 4th Quarter 2020 |
| Alpha Chemical | Brenntag | distribution in Canada (mainly in the oil and gas, mining, water treatment, and aquaculture end markets) – $12s | 4th Quarter 2020 |
| Arkema | Trinseo | polymethyl methacrylate (PMMA) and methyl methacrylate (MMA) – €510s/€1,137v | 4th Quarter 2020 |
| Audax | Huntsman | Gabriel Performance Products (specialty additives and epoxy curing agents for the coatings, adhesives, sealants, and composite end markets) – $106s/$250v | 4th Quarter 2020 |
| Winlow Browning | The Protech Group | liquid coatings for metal, glass, wood, and plastic substrates | 4th Quarter 2020 |
| Seller | Buyer | Business | Date |
|---|---|---|---|
| Kost | Recochem (HIG Capital) | coolant/antifreeze and other functional fluids in the automotive aftermarket and industrial markets. | 4th Quarter 2020 |
| Olympus Partners | PPG | Ennis-Flint (coatings and pavement marking products) – $600s/$1,150v | 4th Quarter 2020 |
| Sensient | Symrise | aroma molecules and fragrances from natural and renewable sources – $91s | 4th Quarter 2020 |
| Givaudan | Herbstreith & Fox | pectins – CHF 23s | 4th Quarter 2020 |
| Incredible Solutions | Polytek (Arsenal Capital) | epoxy coating and casting systems | 4th Quarter 2020 |
| Nova | Alpek | expandable styrenics | 4th Quarter 2020 |
| Arlanxeo | Mitsubishi Corp. | Canadian olefins (butadiene and raffinate) | 4th Quarter 2020 |
| PQ Group | The Jordan Company | glass microspheres for transportation safety and electronics applications – $363s/$650v. | 4th Quarter 2020 |
| Bio Accutech | Mayzo | distribution of specialty chemicals for the coatings, inks and plastics markets | 4th Quarter 2020 |
| Golden Gate Capital | Ardian | 50% stake in Angus Chemical Co. (nitroalkanes and derivatives) – $2,250 total enterpise value | 4th Quarter 2020 |
| Seller | Buyer | Business | Date |
|---|---|---|---|
| CI Capital | Barentz (Cinven) | Maroon Group (distribution) – $500s | 4th Quarter 2020 |
| CLP Chemicals | Shrieve Chemical | styrene, acrylates, acetic acid and other industrial chemicals distribution | 4th Quarter 2020 |
| Warren Distribution | Pritzger Private Capital | passenger car and small engine motor oils, heavy-duty motor oils, industrial lubricants and greases, automatic transmission fluids, brake and power steering fluids, and oil and gasoline performance additives | 4th Quarter 2020 |
| The Sterling Group | Pritzger Private Capital | Highline Aftermarket (manufacturer and distributor of packaged automotive chemicals, lubricants, and parts) | 4th Quarter 2020 |
| Poteet Printing | Flint Group | water-based inks for Flexographic applications to printers and converters | 4th Quarter 2020 |
| K + S | Stone Canyon Industries | salt | 4th Quarter 2020 |
http://www.chemicaldeals.com/Results.aspx?searchtext=&quarter=4th+Quarter+2020
January 26, 2021
Chemical Deal Results
| Seller | Buyer | Business | Date |
|---|---|---|---|
| Tenex Capital | Wellspring Capital | Cadence Petroleum Group (distribution of lubricants, fuel, antifreeze, diesel exhaust fluid, and other ancillary products) | 4th Quarter 2020 |
| Polysi Technologies | The Fuchs Group | silicone lubricants | 4th Quarter 2020 |
| Tilley Chemical | SK Capital | distributor and value-added service provider of specialty chemicals and lubricants | 4th Quarter 2020 |
| New Nautical Coatings | Akzo | yacht coatings | 4th Quarter 2020 |
| Islechem | Aceto (New Mountain Capital) | chemical manufacturing, contract research and development (R&D), analytical services, and technical and support services | 4th Quarter 2020 |
| Microbiome Labs | Novozymes | probiotic and microbiome solutions – $40s | 4th Quarter 2020 |
| Alpha Chemical | Brenntag | distribution in Canada (mainly in the oil and gas, mining, water treatment, and aquaculture end markets) – $12s | 4th Quarter 2020 |
| Arkema | Trinseo | polymethyl methacrylate (PMMA) and methyl methacrylate (MMA) – €510s/€1,137v | 4th Quarter 2020 |
| Audax | Huntsman | Gabriel Performance Products (specialty additives and epoxy curing agents for the coatings, adhesives, sealants, and composite end markets) – $106s/$250v | 4th Quarter 2020 |
| Winlow Browning | The Protech Group | liquid coatings for metal, glass, wood, and plastic substrates | 4th Quarter 2020 |
| Seller | Buyer | Business | Date |
|---|---|---|---|
| Kost | Recochem (HIG Capital) | coolant/antifreeze and other functional fluids in the automotive aftermarket and industrial markets. | 4th Quarter 2020 |
| Olympus Partners | PPG | Ennis-Flint (coatings and pavement marking products) – $600s/$1,150v | 4th Quarter 2020 |
| Sensient | Symrise | aroma molecules and fragrances from natural and renewable sources – $91s | 4th Quarter 2020 |
| Givaudan | Herbstreith & Fox | pectins – CHF 23s | 4th Quarter 2020 |
| Incredible Solutions | Polytek (Arsenal Capital) | epoxy coating and casting systems | 4th Quarter 2020 |
| Nova | Alpek | expandable styrenics | 4th Quarter 2020 |
| Arlanxeo | Mitsubishi Corp. | Canadian olefins (butadiene and raffinate) | 4th Quarter 2020 |
| PQ Group | The Jordan Company | glass microspheres for transportation safety and electronics applications – $363s/$650v. | 4th Quarter 2020 |
| Bio Accutech | Mayzo | distribution of specialty chemicals for the coatings, inks and plastics markets | 4th Quarter 2020 |
| Golden Gate Capital | Ardian | 50% stake in Angus Chemical Co. (nitroalkanes and derivatives) – $2,250 total enterpise value | 4th Quarter 2020 |
| Seller | Buyer | Business | Date |
|---|---|---|---|
| CI Capital | Barentz (Cinven) | Maroon Group (distribution) – $500s | 4th Quarter 2020 |
| CLP Chemicals | Shrieve Chemical | styrene, acrylates, acetic acid and other industrial chemicals distribution | 4th Quarter 2020 |
| Warren Distribution | Pritzger Private Capital | passenger car and small engine motor oils, heavy-duty motor oils, industrial lubricants and greases, automatic transmission fluids, brake and power steering fluids, and oil and gasoline performance additives | 4th Quarter 2020 |
| The Sterling Group | Pritzger Private Capital | Highline Aftermarket (manufacturer and distributor of packaged automotive chemicals, lubricants, and parts) | 4th Quarter 2020 |
| Poteet Printing | Flint Group | water-based inks for Flexographic applications to printers and converters | 4th Quarter 2020 |
| K + S | Stone Canyon Industries | salt | 4th Quarter 2020 |
http://www.chemicaldeals.com/Results.aspx?searchtext=&quarter=4th+Quarter+2020
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