Silicones maker Gelest has named Doug Wulffleff v.p./mergers and acquisitions. Wullfleff will be responsible for identifying business opportunities and developing M&A strategies for Gelest.
He was most recent v.p./strategy and corporate development at VWR International, a lab chemicals maker that was acquired by Avantor last year. He had also served in M&A-related roles for a variety of other companies.
In November, Gelest named Ken Gayer, a former Honeywell executive, as its new CEO. Gayer replaced Gelest founder Barry Arkles.
By Vincent Valk
Source: Chemical Week
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.
