Abstract
BUSINESS Business Roundup ShareShare onFacebookTwitterWechatLinked InRedditEmail C&EN, 2018, 96 (7), p 12February 12, 2018Cite this:C&EN 96, 7, 12AbstractEnerkem, a waste-to-biofuels developer based in Montreal, has raised $223 million in a third round of funding to support new facilities. The funds include $100 million in a previously announced deal with China’s Sinobioway; the round also brought in BlackRock and existing investors. Johnson Matthey is poised to settle a $70 million lawsuit relating to a coated substrate it supplied for use in engine emission after-treatment systems in the U.S. The undisclosed manufacturer bringing the case seeks costs for replacing or repairing parts of the engine emission system. Solvay will spend about $7 million to expand sodium bicarbonate capacity at its plant in Rheinberg, Germany. The bicarb will be used in products that neutralize hydrochloric acid and sulfur oxides in industrial flue gas. Kaneka’s aerospace arm has acquired Henkel’s benzoxazine-based composites business. Kaneka will combine the unit with a composites business, Applied Poleramic, that it acquired last year. Kaneka hopesView: PDF | Full Text HTML
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