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People & Business :: Emerging Companies
Chemical Industry Weekly News Round-Up, Sept. 23
2:35 PM MDT | September 23, 2011 | Vincent Valk
This Week on CW: The global PE and PP industry will benefit from growing demand from emerging economies and cheap shale gas in the U.S., attendees at PEPP 2011 said this week in Amsterdam. Two renewable chemicals firms, Mascoma and Elevance, have filed for IPOs, each worth $100 million. Williams is planning to spend $350 million-$400 million to increase ethylene capacity at its plant in Geismar, LA. Private equity firm SK Capital has raied $500 million for a new chemicals buyout fund, some $100 million more than the firm originally...
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