M&A
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Chevron acquires Renewable Energy Group
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It seems Chevron is all in when it comes to renewable fuels investments after the oil and energy company announced today that it will acquire US-based Renewable Energy Group (REG) in an all-cash transaction valued at $3.15 billion or $61.50/share….
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Cargill to acquire Croda’s Bio-industrial Business
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Happy New Year to GCB followers! I hope you all had a good holiday break and we wish everyone a healthy and prosperous 2022. I cannot pass up reporting this interesting news last month about Cargill planning to acquire Croda’s…
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Danimer Scientific to Acquire Novomer
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This is quite interesting news that came out today about Danimer Scientific announcing its plans to acquire Novomer in a cash transaction valued at $152 million. Headquartered with a pilot plant in Rochester, New York, Novomer develops high-performing, carbon-efficient, cost-effective…
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US football team partners with Braskem in plastic recycling
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It’s the start of the football season! Unfortunately, my Giants team doesn’t seem to be doing well based on their performance last Sunday. The Eagles team is definitely not one of my favorites (sorry!) but I’m glad the team’s owners…
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Industry shake-out: Cobalt Technologies exit
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It has been a long time since anybody heard from Cobalt Technologies and my last post about it was in 2013. I read this interesting news from butanol experts, Sam Nejame and James Evangelow, who posted on Biofuel Digest about the demise…