Ecolab Inc. has acquired the paper chemicals business of Atlanta-based Georgia-Pacific, the company announced Friday.
The St. Paul-based company did not disclose how much it’s paying for the business, which uses chemicals to make paper softer and more durable, but that unit generated $43 million in revenue for Georgia-Pacific in 2016, Ecolab said. Georgia-Pacific is owned by Wichita, Kan.-based Koch Industries.
Ecolab will use this operation to grow its tissue and paper towel industry, the company said. The deal is expected to be completed at the end of the year.
With revenue of $13.15 billion in 2016, Ecolab is the ninth-largest public company in Minnesota when ranked by revenue.
By Nick Williams
Source: Minneapolis Business Journal
CF Industries Holdings, Inc. (NYSE: CF) today announced that it has closed its acquisition of Incitec Pivot Limited’s (“IPL”) ammonia production complex located in Waggaman, Louisiana. Under the terms of the agreement, CF Industries purchased the Waggaman ammonia plant and related assets for $1.675 billion, subject to adjustments.
The Virgin Atlantic flight was powered entirely by SAF, that was a drop-in replacement for conventional jet fuel, but made solely from sustainable feedstocks. This was enabled through the inclusion of a new bio-based aromatic jet fuel blending component.
Cepsa SA (Madrid) has agreed a deal with C2X, an independent firm owned by AP Moller Holding with AP Moller-Maersk as minority owner, to develop a 300,000 metric tons per year renewable methanol plant at Huelva, Spain.
