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
INEOS Styrolution, the global leader in styrenics, has announced today the introduction of an all-new product portfolio dedicated to polymer modification. The new product lines are addressing the need of compounders and extruders to enhance the properties of polymers and allow for improved processing.
German speciality chemicals maker Lanxess has taken the wraps off plans for its entire upstream and downstream supply chains to be climate-neutral by 2050. The company’s Net Zero Value Chain initiative includes indirect emissions, particularly from purchased raw materials, but also from logistics and end-products.
Although green PET is recyclable, the recyclate is often converted into single-use items like clothes and carpets that cannot be recycled into new PET bottles. During the sorting process, green and other colored PET is separated from clear material to avoid discoloring the recyclate required to make new PET bottles.