This strategic financial move underscores the strength of Kraton's market position and its innovative partnership with parent company DL Chemicals, which is focused on leveraging our combined expertise and market reach to drive sustainable growth.
The DOE has selected Eastman's second U.S. molecular recycling project to begin award negotiations for up to $375 million in Bipartisan Infrastructure Law and Inflation Reduction Act funding as part of the Industrial Demonstrations Program (IDP).
The technology is designed to improve Orion’s yield in the production of carbon black using circular feedstocks and potentially reducing the carbon footprint of the process.
The investment strategy of the Icos Capital Fund IV will be focused on new and emerging technologies in the areas of sustainable industry, decarbonization technologies, circular economy, and sustainable food systems.
The company offers a state-of-the-art R&D platform that delivers meaningful data insights via AI and ML plus advanced lab productivity tools. With the additional financial resources, the company will onboard even more chemistry and materials science companies.