in this issue
People & Business :: Emerging Companies
Elevance Files For $100-Million IPO
12:22 PM MDT | September 21, 2011 | Rebecca Coons
Elevance Renewable Sciences (Bolingbrook, IL), a maker of renewable chemicals based on metathesis technology, has filed for an initial public offering up to $100 million. The number of shares and expected price of the offering were not disclosed. According to the filing, the company expects to use the proceeds to fund capital expenditures, R&D, and working capital. Spun out of Cargill in 2007, Elevance’s technology platform can produce biobased olefins, including a "unique distribution" of alpha and internal olefins for chemicals and advanced...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee