Private equity firm SK Capital Partners (New York, New York) has named Asim Bhatia, former senior director/corporate M&A at DuPont, as director/business development. Bhatia, who has held similar roles at Honeywell and Eastman Chemical, “will coordinate and lead the firm’s efforts to identify and develop new investment opportunities,” SK Capital says.
Bhatia’s “experience managing M&A for several of the most respected corporates in our sectors is a highly valuable skill set,” says Mario Toukan, managing director at SK Capital. “We believe a dedicated effort to developing and managing the large pipeline of opportunities across our industries of focus will serve to enhance our investment practice.”
by Vincent Valk
Source: chemweek.com
International Chemical Investors Group (ICIG) has entered exclusive negotiations with Nippon Soda and made what it said is a “firm and binding offer” to acquire the Japanese group’s offshoot Métaux Spéciaux (MSSA), a sodium metal specialist.
Aligning with the SC’s key initiatives on responsible plastic recycling, Coca‑Cola Middle East’s pilot of 100% rPET bottles marks the first time the packaging will be in circulation at a FIFA World Cup tournament and serves as Coca‑Cola’s debut in locally producing the bottles in the region.
Through the transaction, Neste is acquiring a leading UCO collection and recycling business on the US West Coast, covering the collection, logistics and storage of UCO in California, Oregon and Washington. Together with the previous acquisitions (…) the transaction continues to enhance Neste’s global raw materials sourcing platform.
