Trusted Insighthttp://thetrustedinsight.com/2024-03-19T20:01:08.884579-04:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
Ieat Signs Land Sale To Boost Southern Economy
2024-03-19T20:01:08.884579-04:00https://www.thetrustedinsight.com/investment-news/ieat-signs-land-sale-to-boost-southern-economy-20240319416/
The Industrial Estate Authority of Thailand (IEAT) expects its latest land sale to a lightweight brick manufacturer to serve growing brick demand and support the government's plan to help the economy in the southern region.
Px Group Secures Energy From Waste Investment At Saltend
2023-11-07T06:05:08.839574-05:00https://www.thetrustedinsight.com/investment-news/px-group-secures-energy-from-waste-investment-at-saltend-20231107714/
Heads of terms signed with Standard Gas Technologies for scalable development. :
Scores of jobs look set to be created with a multi-million pound investment in waste to energy on the Humber Bank. A pioneering decarbonisation plant is destined for Saltend Chemicals Park after owner and operator PX Group reached heads of terms with Standard Gas Technologies. It will bring the London-headquartered company’s cutting-edge commercial scale SG100 operation to the site, east of Hull, and follows a successful trial of the pyrolysis technology. Front end engineering and design work will start in the new year, with deployment scheduled for 2025.
Indianoil Sets Sight On Being '360-degree Energy' Company; To Invest Rs 4 Lakh Crore
2023-08-25T07:07:19.715346-04:00https://www.thetrustedinsight.com/investment-news/indianoil-sets-sight-on-being-360-degree-energy-company-to-invest-rs-4-lakh-crore-20230825674/
IndianOil will invest Rs 1 lakh crore in expanding capacity to refine and turn crude oil into fuel and a staggering Rs 2.4 lakh crore in projects that will help it achieve net-zero carbon emissions from its operations. Another Rs 60,000 crore is planned to be invested in setting up a giant petrochemical complex at Paradip in Odisha.
Pepsico And Walmart Aim To Support Regenerative Agriculture Across More Than 2 Million Acres Of Farmland
2023-07-26T11:31:06.986355-04:00https://www.thetrustedinsight.com/investment-news/pepsico-and-walmart-aim-to-support-regenerative-agriculture-across-more-than-2-million-acres-of-farmland-20230726385/
(marketscreener.com)
PURCHASE, N.Y. and BENTONVILLE, Ark., July 26, 2023 /PRNewswire/ -- PepsiCo and Walmart today announced a 7-year collaboration to pursue $120 million worth of investments focused on supporting U.S. and Canadian farmers in their pursuit to improve soil health and water quality. By establishing and scaling financial, agronomic and social...https://www.marketscreener.com/quote/stock/WALMART-INC-4841/news/PepsiCo-and-Walmart-Aim-to-Support-Regenerative-Agriculture-Across-More-than-2-Million-Acres-of-Farm-44426376/?utm_medium=RSS&utm_content=20230726.
Phased Rollout Of 20 % Ethanol Blending To Commence This April In India, Says Union Ministry Of Petroleum And Natural Gas | Economy News
2023-01-10T08:01:19.199523-05:00https://www.thetrustedinsight.com/investment-news/phased-rollout-of-20-ethanol-blending-to-commence-this-april-in-india-says-union-ministry-of-petroleum-and-natural-gas-economy-news-20230110853/
Under the Hydrogen Mission, the government aims to raise annual green hydrogen production to 5 million tonnes, renewable energy capacity addition of about 125 gigawatts, attract over Rs 8 lakh crore in investments, lakhs of jobs, and most importantly over Rs 1 lakh crore cumulative reduction of fossil fuel imports.
Graphite Miners News For The Month Of November 2022
2022-11-26T06:06:26.752750-05:00https://www.thetrustedinsight.com/investment-news/graphite-miners-news-for-the-month-of-november-2022-20221126140/
During the past 30 days the China graphite flake-194 EXW spot price was up 0.22%. The China graphite flake-199 EXW spot price was up by 0.16%. Note that 94-97% is considered best suited for use in batteries; it is then upgraded to 99.9% purity to make "spherical" graphite used in Li-ion batteries. The spherical graphite 99.95% min EXW China price was up 0.28% the past 30 days. Fastmarkets (see below, not updated) shows China graphite flake 94% C (-100 mesh) prices at US$830/t and Europe graphite flake 94% C (-100 mesh) prices at US$920/t.
Gas Crunch Eases In Europe - But The Respite Might Not Last - Albuquerque Journal
2022-10-26T08:31:25.536935-04:00https://www.thetrustedinsight.com/investment-news/gas-crunch-eases-in-europe-but-the-respite-might-not-last-albuquerque-journal-20221026630/
FRANKFURT, Germany -- Natural gas and electricity prices in Europe have plunged from summer peaks thanks to mild weather and a monthslong scramble to fill gas storage ahead of winter and replace Russian supplies during the war in Ukraine. It's a welcome respite after Russia slashed natural gas flows, triggering an energy crisis that has fueled record inflation and a looming recession.
Gas Crunch Eases In Europe - But The Respite Might Not Last | Business Standard News
2022-10-26T07:06:34.303908-04:00https://www.thetrustedinsight.com/investment-news/gas-crunch-eases-in-europe-but-the-respite-might-not-last-business-standard-news-20221026618/
Natural gas and electricity prices in Europe have plunged from summer peaks thanks to mild weather and a monthslong scramble to fill gas storage ahead of winter and replace Russian supplies during the war in Ukraine. It's a welcome respite after Russia slashed natural gas flows, triggering an energy crisis that has fuelled record inflation and a looming recession.
Why Renewable Energy Infrastructure Needs To Be Built For A Circular Economy
2022-06-23T07:06:33.732296-04:00https://www.thetrustedinsight.com/investment-news/why-renewable-energy-infrastructure-needs-to-be-built-for-a-circular-economy-20220623939/
Designing the energy transition right can tackle not only climate change but mitigate biodiversity loss and address global inequalities. :
GreenBiz collage. Wind turbine image via Shutterstock/ozalpvahid. Circular economy cloud image via Shutterstock/BsWei. It is unquestionable that renewable energy needs to be part of the solution to climate change. With many countries committing at COP26 to reach net-zero carbon emissions by 2050, renewable energy infrastructure is set to scale rapidly. New onshore wind power capacity added in 2020 was twice that installed in 2019 and the US, Europe, China and other countries have laid out plans to ramp up investments in renewables.
Surging Prices Of Natural Gas Squeeze Us Industrial Sector: Report | Business Standard News
2022-05-16T07:11:48.147260-04:00https://www.thetrustedinsight.com/investment-news/surging-prices-of-natural-gas-squeeze-us-industrial-sector-report-business-standard-news-20220516087/
US natural gas futures have doubled this year, far more than the increases in retail gasoline and diesel that have made Americans angry at the US energy industry and the government.
Will Boycotts Of Russia Oil And Gas Exports Develop?
2022-02-28T11:01:06.035050-05:00https://www.thetrustedinsight.com/investment-news/will-boycotts-of-russia-oil-and-gas-exports-develop-20220228235/
Rigzone's regular energy prognosticators focus on the Russia-Ukraine conflict, OPEC+ policy, U.S. supply and more. :
(The views and opinions expressed in this article are those of the attributed sources and do not necessarily reflect the position of Rigzone or the author) In this week’s preview of what to watch in oil and gas markets, Rigzone’s regular energy prognosticators focus on the Russia-Ukraine conflict, OPEC+ policy, U.S. supply and more. Read on below to find out the specifics.
U.s. Construction Titan Bechtel Eyes $10bn Taiwan Energy Jackpot - Nikkei Asia
2021-11-02T07:01:28.319462-04:00https://www.thetrustedinsight.com/investment-news/us-construction-titan-bechtel-eyes-10bn-taiwan-energy-jackpot-nikkei-asia-20211102398/
TAIPEI -- The biggest U.S. engineering and construction company expects at least $10 billion in business opportunities in Taiwan over the next decade as the island makes an aggressive push to cut back on coal and reduce emissions along its globally vital tech supply chain. Bechtel also intends to capture demand from other Asian economies looking to transition away from coal and into liquid natural gas and renewables, Richard W. Freer, the company's president for the Asia-Pacific region, told Nikkei Asia in an interview.
Asia Scrambles To Stock Up Fuel As Prices Spike In Global Energy Crunch | Business Standard News
2021-10-06T07:06:31.048847-04:00https://www.thetrustedinsight.com/investment-news/asia-scrambles-to-stock-up-fuel-as-prices-spike-in-global-energy-crunch-business-standard-news-20211006742/
An electricity crisis is roiling energy markets from Europe to Asia, with fuels that can be used for heating or power in high demand.
Indonesia's Mining Giants Race To Adapt As Investors Cool On Coal - Nikkei Asia
2021-02-22T06:01:09.078100-05:00https://www.thetrustedinsight.com/investment-news/indonesias-mining-giants-race-to-adapt-as-investors-cool-on-coal-nikkei-asia-20210222764/
JAKARTA -- Indonesia's mining giants are piling into coal gasification projects as the country's biggest export markets and global investors move toward a carbon-neutral future. Coal gasification can be used to create a range of fuel products with lower emissions, an important consideration for investors increasingly concerned about environmental, social and corporate governance, or ESG, issues. The moves also dovetail with the Indonesian government's push to develop the downstream industry, rather than simply exporting raw natural resources.
Can The World Economy Survive Without Fossil Fuels?
2021-02-19T06:31:07.384671-05:00https://www.thetrustedinsight.com/investment-news/can-the-world-economy-survive-without-fossil-fuels-20210219671/
Here’s why without fossil fuels our economy would be in a permanent deep freeze. :
The Biden administration wants to phase out fossil fuels. This segment of What’s Ahead explains why, given the current state of technology, such a policy is utterly and destructively impractical. The arctic weather hammering parts of the country should be a cold slap of reality. Eighty per cent of our energy comes from natural gas, oil and coal. We need all of our current energy sources. Here’s one example why a no-fossil-fuel approach is absolutely unrealistic.
Shale Markets, Llc / Saipem Inks Energy Transition Pact With Cdp
2020-05-07T07:06:11.962456-04:00https://www.thetrustedinsight.com/investment-news/shale-markets-llc-saipem-inks-energy-transition-pact-with-cdp-20200507948/
By Adis Ajdin Saipem has signed a memorandum of understanding with Cassa Depositi e Prestiti to jointly evaluate the launch of innovative and sustainable projects aimed at promoting the energy transition in Italy and abroad. The initiatives, focused on decarbonisation, circular economy and energy efficiency, will mainly concern: The development and construction of infrastructures to...
Coronavirus: Construction, Transport, Chemical Manufacturing Likely To Be Worst-affected, Says Report | Business Standard News
2020-03-15T07:01:09.243583-04:00https://www.thetrustedinsight.com/investment-news/coronavirus-construction-transport-chemical-manufacturing-likely-to-be-worst-affected-says-report-business-standard-news-20200315487/
Construction, transport and chemical manufacturing sectors are likely to be the worst-affected by the coronavirus pandemic in China, says a report. However, India's top imports -- crude oil and gems and jewellery -- which collectively account for 46 per cent of total imports are relatively insulated from the public health crisis in China, according to the report by ICICI Securities. The novel coronavirus which originated in China's Wuhan city towards the end of 2019 has so far claimed over 5,000 lives and infected more than 1 lakh people globally.
Global Super Absorbent Polymers (sap) Market Analysis In Personal Hygiene, Agriculture, Medical, Industrial, Packaging, Construction, And Oil & Gas (2019-2024)
2019-07-05T11:01:04.837066-04:00https://www.thetrustedinsight.com/investment-news/global-super-absorbent-polymers-sap-market-analysis-in-personal-hygiene-agriculture-medical-industrial-packaging-construction-and-oil-gas-2019-2024-20190705124/
DUBLIN, July 5, 2019 /PRNewswire/ -- The "Super Absorbent Polymers (SAP) Market by Type (Sodium Polyacrylate, Polyacrylate/Polyacrylamide, Copolymers), Application (Personal Hygiene, Agriculture, Medical, Industrial, Packaging, Construction, Oil & Gas), Region - Global Forecast to 2024"...
Former Shale Gas Ceo Says Fracking Revolution Has Been 'a Disaster' For Drillers, Investors
2019-06-24T20:31:06.572880-04:00https://www.thetrustedinsight.com/investment-news/former-shale-gas-ceo-says-fracking-revolution-has-been-a-disaster-for-drillers-investors-20190624065/
Tory peer John Gummer, chair of the government’s official climate advisors, was this week cleared of accusations of misconduct by a House of Lords independent watchdog. Steve Schlotterbeck, who led drilling company EQT as it expanded to become the nation’s largest producer of natural gas in 2017, arrived at a petrochemical industry conference in Pittsburgh Friday morning with a blunt message about shale gas drilling and fracking. “The shale gas revolution has frankly been an unmitigated disaster for any buy-and-hold investor in the shale gas industry with very few limited exceptions,” Schlotterbeck, who left the helm of EQT last year, continued.
Plastics Maker Berry Says Not To Raise Offer For Britain's Rpc
2019-03-22T07:11:04.042643-04:00https://www.thetrustedinsight.com/investment-news/plastics-maker-berry-says-not-to-raise-offer-for-britains-rpc-20190322235/
Plastics maker Berry Global Group Inc
ruled out further sweetening of its 3.34 billion pound
($4.39 billion) bid for British packaging company RPC Group
, calling the offer final.
Lanxess To Invest Up To Rs 1,250 Crore In Next 5 Yrs In India | Business Standard News
2018-11-15T11:31:05.316092-05:00https://www.thetrustedinsight.com/investment-news/lanxess-to-invest-up-to-rs-1250-crore-in-next-5-yrs-in-india-business-standard-news-20181115180/
Specialty chemicals firm Lanxess Thursday said it is planning to invest up to Rs 1,250 crore in India over the next five years to strengthen businesses for chemical intermediates, high-performance plastics and water treatment products. The company is planning to focus on profitable mid-sized markets including Indian and China and expand integrated value chain, according to Lanxess AG member of the board of management Hubert Fink. "The Indian economy is currently the world's fastest rising major economy, with the chemical industry as one of the fastest growing sectors.
Cp Rail Ceo Sees Boom-time Oil Loads As Pipe Pinch Roils Canada | Rigzone
2018-10-19T18:01:05.427619-04:00https://www.thetrustedinsight.com/investment-news/cp-rail-ceo-sees-boom-time-oil-loads-as-pipe-pinch-roils-canada-rigzone-20181019821/
Boom times are back for at least one company in Canada's oil heartland. :
Canadian Pacific Railway Ltd. may match or exceed its record 2014 pace of 110,000 crude carloads next year as a pipeline crunch stokes demand for shipping by train, Chief Executive Officer Keith Creel said late Thursday in an interview from Calgary, where the company is based. “The demand is there,” Creel said. “Maybe a 100,000 run rate goes to 110 or 120.
The Energy Edge: Chemistry Boom | Buchanan Ingersoll & Rooney Pc
2018-10-17T10:31:06.402158-04:00https://www.thetrustedinsight.com/investment-news/the-energy-edge-chemistry-boom-buchanan-ingersoll-rooney-pc-20181017535/
Today’s Takeaway: Investment in the U.S. chemical and plastics industry resulting from domestic shale gas has now surpassed $200 billion, according to the American Chemistry Council (ACC)....By: Buchanan Ingersoll & Rooney PC.
Look To Mlp Etfs As U.s. Expands Energy Infrastructure
2018-10-10T18:01:03.939723-04:00https://www.thetrustedinsight.com/investment-news/look-to-mlp-etfs-as-us-expands-energy-infrastructure-20181010986/
The U.S. energy industry has quickly expanded, and to meet the growing energy production, there is a rising need to build out the necessary infrastructure to move the commodity around. In the meantime, investors can capitalize on the potential growth opportunity with a master limited partnership-related exchange traded fund. Energy prices have been strengthening, and [...]
There May Be 3.4 Billion Tons More Garbage On Earth By 2050
2018-09-22T13:31:04.418488-04:00https://www.thetrustedinsight.com/investment-news/there-may-be-34-billion-tons-more-garbage-on-earth-by-2050-20180922238/
While 90 percent of waste in lower-income countries is left untreated and dumped openly, high-income countries produce 34 percent of the world’s waste.
Scrap That: China's Metal Recyclers Rush To Divert Or Sell U.s. Cargoes As Tariffs Loom
2018-08-13T07:11:06.039474-04:00https://www.thetrustedinsight.com/investment-news/scrap-that-chinas-metal-recyclers-rush-to-divert-or-sell-us-cargoes-as-tariffs-loom-20180813685/
Chinese copper fabricators and importers are scrambling to divert or resell cargoes of U.S. copper scrap en route to China after Beijing hit such imports with a 25-percent duty as the trade row with Washington deepens, sources said. U.S. scrap metal, waste paper and plastics cargoes arriving in China from Aug. 23 will incur the new levy after China announced on Wednesday its final list of tariffs on $16 billion of U.S. goods.
Global Offshore Wind Energy Market Anticipated To Reach $50.45b By 2023, Reports Bis
2018-07-09T10:31:06.828737-04:00https://www.thetrustedinsight.com/investment-news/global-offshore-wind-energy-market-anticipated-to-reach-5045b-by-2023-reports-bis-20180709702/
FREMONT, California, July 9, 2018 /PRNewswire/ --
According to a new market intelligence report by BIS Research, titled 'Global Offshore Wind Energy Market - Analysis and Forecast (2018-2023)', the global offshore wind energy market is expected to reach $50.45 billion by 2023,...
America's "shale Crescent" Is Enjoying A Permian-like Energy Boom Of Its Own
2018-06-28T11:01:05.678157-04:00https://www.thetrustedinsight.com/investment-news/americas-shale-crescent-is-enjoying-a-permian-like-energy-boom-of-its-own-20180628980/
Anyone who thinks America's energy boom is limited to the Permian Basin of West Texas and Southeast New Mexico isn't getting the whole story. There's a huge energy boom taking place in the "Shale Crescent" of the Northeastern U.S. too, and it is only going to grow as time goes on.
Latte Levy Could Cost Uk Economy £819m As Industry Calls For Infrastructure Overhaul
2018-06-04T13:31:24.303938-04:00https://www.thetrustedinsight.com/investment-news/latte-levy-could-cost-uk-economy-819m-as-industry-calls-for-infrastructure-overhaul-20180604797/
Introducing a 25p levy on drinks served in disposable paper cups should be avoided as it will cost the UK economy £819m and 11,000 jobs in the coffee retail sector.
The Lyondellbassell/a. Schulman Merger Illustrates America's Shale Gas-driven Chemicals Boom
2018-02-16T08:31:04.792750-05:00https://www.thetrustedinsight.com/investment-news/the-lyondellbassella-schulman-merger-illustrates-americas-shale-gas-driven-chemicals-boom-20180216699/
The LyondellBasell acquisition of A. Schulman is another example of how America's abundant and cheap supply of shale natural gas is driving a true boom in the U.S. chemicals industry.
What Investors Should Know About Buying Into Natural Gas
2017-11-19T06:01:04.306950-05:00https://www.thetrustedinsight.com/investment-news/what-investors-should-know-about-buying-into-natural-gas-20171119524/
Demand for natural gas has been spiking in the last few years, and it’s only projected to grow from here.
Why Hurricane Harvey Energy Crisis Could Shake U.S. Economy
2017-08-30T19:11:04.340011-04:00https://www.thetrustedinsight.com/investment-news/hurricane-harvey-energy-crisis-could-be-nightmare-for-us-economy-20170830724/
Twenty-two percent of U.S. oil refining is offline due to Hurricane Harvey. The combination of low crude oil prices and high gasoline prices could be a worst case scenario for the U.S. economy.
France's Total Invests In $1.7B Texas Energy Site
2017-03-28T10:48:44.009506-04:00https://www.thetrustedinsight.com/investment-news/frances-total-invests-in-17b-texas-energy-site-20170328884/
PARIS (AP) — French energy company Total is launching a multi-billion-dollar petrochemical joint venture in Texas as it tries to profit from the "business-friendly environment" under the current U.S. administration.
PetroCanada Sold To HollyFrontier Corp For $1.13B
2016-11-01T11:40:10.697148-04:00https://www.thetrustedinsight.com/investment-news/petrocanada-sold-to-hollyfrontier-corp-for-113b-20161101579/
Petro-Canada is the world's largest manufacturer of white mineral oil, which is used in health and beauty products, pharmaceuticals, adhesives, plastics and elastomers
From Chance Meeting, ConocoPhillips Emerged As Oil Major
2016-09-28T16:15:11.602051-04:00https://www.thetrustedinsight.com/investment-news/from-chance-meeting-conocophillips-emerged-as-oil-major-20160928871/
Sixteen years ago, on his way to a black-tie fundraiser in Oklahoma City, Archie Dunham, then chief executive of the Houston oil company Conoco, stepped out of hotel elevator just as Jim Mulva, his counterpart at Phillips Petroleum of Oklahoma, emerged from another nearby. ]
Carlyle In Talks To Invest In Portuguese Packaging Firm Logoplaste
2016-06-16T11:58:02.293179-04:00https://www.thetrustedinsight.com/investment-news/carlyle-in-talks-to-invest-in-portuguese-packaging-firm-logoplaste-20160616632/
The family owners of Portuguese plastics packaging firm Logoplaste are in advanced talks with Carlyle about an investment by the buyout group, three people familiar with the matter said.
Turnspire Capital Buys United Plastics Group
2016-06-10T11:30:22.082251-04:00https://www.thetrustedinsight.com/investment-news/turnspire-capital-buys-united-plastics-group-20160610281/
Turnspire Capital Partners LLC said June 9 that it acquired the business of United Plastics Group Inc (UPG). MedPlast Inc was the seller.
Turnspire Capital Partners Acquires United Plastics Group
2016-06-09T11:58:49.082208-04:00https://www.thetrustedinsight.com/investment-news/turnspire-capital-partners-acquires-united-plastics-group-20160609160/
Turnspire Capital Partners LLC ("Turnspire") announced today that, through a newly formed affiliate, it has acquired the business of United Plastics Group, Inc. ("UPG") from MedPlast, Inc.
Shell Expands Into US Petrochemicals, As Trims Assets Elsewhere
2016-06-08T11:55:23.701882-04:00https://www.thetrustedinsight.com/investment-news/shell-expands-into-us-petrochemicals-as-trims-assets-elsewhere-20160608115/
Royal Dutch Shell said Tuesday it will build a multibillion-dollar petrochemical complex near Pittsburgh to make base chemicals and plastics from the natural gas produced within the Marcellus and Utica shale basins.
Foreign Investments Boost US Industrial Manufacturing
2016-06-02T13:55:07.169490-04:00https://www.thetrustedinsight.com/investment-news/foreign-investments-boost-us-industrial-manufacturing-20160602729/
Since the end of the recession, direct foreign investment has played an increasingly important role in the U.S. Industrial Manufacturing Industry, in sectors ranging from heavy manufacturing to plastics to automotive production.
'Use Of Plastic In Agriculture Can Boost Output By Rs 68k Cr'
2016-05-13T16:45:07.557167-04:00https://www.thetrustedinsight.com/investment-news/use-of-plastic-in-agriculture-can-boost-output-by-rs-68k-cr-20160513534/
A wider use of plastics in agriculture can reduce the losses in harvesting, and increase the value of output by Rs 68,000 crore, according to a report.
Private Equity Firm AfricInvest Buys Stake In Packaging Company Silafrica
2016-03-18T18:00:16.362450-04:00https://www.thetrustedinsight.com/investment-news/private-equity-firm-africinvest-buys-stake-in-packaging-company-silafrica-20160318824/
Silafrica Plastics and Packaging International has presence in Tanzania, Kenya, Ethiopia, Uganda and India.
Private Equity Firm Buys Houston-based Melamine Serviceware Company
2016-03-01T10:30:25.619573-05:00https://www.thetrustedinsight.com/investment-news/private-equity-firm-buys-houston-based-melamine-serviceware-company-20160301736/
Private equity Olympus Partners has bitten into a plastic serviceware business and it is hungry for more plastics-related fare.
The $2T Gift From Oil Companies To Consumers
2016-02-05T11:47:54.792363-05:00https://www.thetrustedinsight.com/investment-news/the-2t-gift-from-oil-companies-to-consumers-20160205551/
One of the biggest mysteries of the last quarter is why the economy seems so weak. Sure, Chinese economic growth stinks, and Europe continues struggling with its own problems, but none of that should have a dramatic effect on U.S. growth. More importantly, U.S. consumers should have a tremendous amount of increased spending power thanks to gas prices that are the lowest they have been in a decade.
Linda Mack of Mack International a Featured Speaker at the Family Enterprise and Wealth Conference in Chicago, Illinois January 26
2016-01-26T12:11:13.821113-05:00https://www.thetrustedinsight.com/investment-news/linda-mack-of-mack-international-a-featured-speaker-at-the-family-enterprise-and-wealth-conference-in-chicago-illinois-january-26-20160126990/
The Family Enterprise and Wealth (FEW) VII Conference to be held January 26 at the Peninsula Hotel in Chicago will explore topics related to wealth management, investments, security, human resources,...
AGIC Capital Joins ChemChina's $1B Acquisition Of Germany's KraussMaffei Group
2016-01-11T16:26:29.113822-05:00https://www.thetrustedinsight.com/investment-news/agic-capital-joins-chemchinas-1b-acquisition-of-germanys-kraussmaffei-group-20160111373/
<p>Asian-European private equity firm AGIC Capital has joined China National Chemical Corporation and Guoxin International Investment Corporation in a deal to acquire German machinery manufacturer KraussMaffei Group from Onex Corporation for a cash enterprise value of €925 million (US$1.01 billion), according to an announcement.</p>
Chinese Group Bids $1.1B For PE-owned German Machinery Maker KraussMaffei
2016-01-08T10:19:37.844829-05:00https://www.thetrustedinsight.com/investment-news/chinese-group-bids-11b-for-pe-owned-german-machinery-maker-kraussmaffei-20160108254/
<p>A Chinese group has made a bid worth roughly 1 billion euros ($1.1 billion) to buy the private equity-owned German plastics processing machinery maker KraussMaffei, people familiar with the matter said. The potential buyer is hoping to clinch a deal with KraussMaffei’s owner, Canada’s Onex Corp, before the Chinese New Year in early February, the people said on Thursday.</p>
BTG Pactual Reduces Stake In BR Properties
2015-12-16T14:57:39.989557-05:00https://www.thetrustedinsight.com/investment-news/btg-pactual-reduces-stake-in-br-properties-20151216219/
Embattled Brazilian lender offloads more than half of its shares in the real estate firm.
Third Point's Loeb Said to Seek Removal of Dow Chemical CEO
2015-12-16T11:06:33.275582-05:00https://www.thetrustedinsight.com/investment-news/third-points-loeb-said-to-seek-removal-of-dow-chemical-ceo-20151216171/
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world....
Dow Chemical and DuPont in talks for $120bn merger
2015-12-10T15:59:30.299088-05:00https://www.thetrustedinsight.com/investment-news/dow-chemical-and-dupont-in-talks-for-120bn-merger-20151210878/
Dow Chemical and DuPont are in talks to merge, creating a chemicals giant with a market value of more than $120bn that could then break up into different businesses.
Huron Capital Partners Sells Plastics Business To London PE Firm
2015-12-04T17:04:32.857683-05:00https://www.thetrustedinsight.com/investment-news/huron-capital-partners-sells-plastics-business-to-london-pe-firm-20151204583/
<p data-emphasis-key="paragraphDHCapc" data-emphasis-ord="0">Detroit-based Huron Capital Partners LLC has sold its interest in Bloomer Holdings Inc., which does business in the specialty chemical and films market as Optimum Plastics, toCharter NEX Films Inc., a portfolio company of Pamplona Capital Management.</p>
Exclusive: TPG explores sale or IPO of chemical distributor Nexeo
2015-10-30T17:51:24.755170-04:00https://www.thetrustedinsight.com/investment-news/exclusive-tpg-explores-sale-or-ipo-of-chemical-distributor-nexeo-20151030576/
Buyout firm TPG Capital Management LP is exploring a sale or initial public offering of Nexeo Solutions LLC, hoping a deal would value the U.S. chemical distribution company at close to $2 billion, including debt, according to people familiar with the matter. TPG is interviewing investment banks to appoint financial advisers that will help determine whether it will make more money selling Nexeo outright as opposed to taking it public and then selling down shares, the people said this week. Nexeo has annual earnings before interest, taxes, depreciation and amortization of $180 million, one of the people added. The sources...
Huff joins private equity firm Arsenal Capital
2015-10-29T16:58:39.791785-04:00https://www.thetrustedinsight.com/investment-news/huff-joins-private-equity-firm-arsenal-capital-20151029519/
Plastics industry veteran Mike Huff has joined private equity firm Arsenal Capital Partners as an operating partner. Huff most recently had been CEO of compounding firm Citadel Plastics Holdings Inc., which was sold to A. Schulman Inc. for $800 million in March. He had been working in a consulting role at Schulman since the acquisition. “We believe that Mike is an outstanding operating executive who will be able to apply the experience he has attained over the last 35-plus years to our current and new investments,” Arsenal partner John Televantos said in an Oct. 27 news release. Huff had been...
PE-backed Carr Management buys Hillside Plastics
2015-10-19T16:54:57.869756-04:00https://www.thetrustedinsight.com/investment-news/pe-backed-carr-management-buys-hillside-plastics-20151019921/
New York, October 19, 2015 â Behrman Capital, a private equity investment firm based in New York and San Francisco, today announced that its portfolio company Carr Management, Inc. (âCMIâ or âthe Companyâ), a leading bottle supplier to the dairy, food and beverage industries, has acquired Hillside Plastics, Inc. (âHillsideâ). Financial terms of the transaction were not disclosed. Based in Turners Falls, Massachusetts, Hillside (www.hillsideplastics.com) produces blow-molded containers, including the proprietary Sugarhill® Pure Maple jug product line, for the food, chemical, household, automotive and industrial markets. Grant G. Behrman, Managing Partner of Behrman Capital, said, âWhen we acquired CMI in...
A Dirty Little Private Equity Secret: Tax Receivable Agreements
2015-10-16T16:18:44.000227-04:00https://www.thetrustedinsight.com/investment-news/a-dirty-little-private-equity-secret-tax-receivable-agreements-20151016791/
Today I am writing to introduce an obscure dirty little secret that some private equity profiteers have exploited to further enrich themselves exploiting the complexities of the IRS tax code. The concept is called Tax Receivable Agreements (TRAs) and although it blatantly violates the spirit of the law, at least in my simple mind, it is perfectly legal and follows the letter of the law. During my research, I stumbled upon two excellent articles that explain the concept far better than I could. Under the typical agreement, the private equity portfolio company transfers partnership interests to a newly formed entity....
Brazil Lender Approves US$340M Wind Farm Credit
2015-10-15T12:49:46.923713-04:00https://www.thetrustedinsight.com/investment-news/brazil-lender-approves-us340m-wind-farm-credit-20151015672/
The projects have combined installed capacity of 436.7MW.
TPG adds water-safe Polifil PP compounds | Plastics News
2015-10-07T15:06:34.817526-04:00https://www.thetrustedinsight.com/investment-news/tpg-adds-water-safe-polifil-pp-compounds-plastics-news-20151007247/
The Plastics Group of America — a materials firm based in Woonsocket, R.I. — has added water-safe polypropylene compounds to its lineup. The new materials — sold under TPG’s Polifil trade name — are based on homopolymer PP and are reinforced with chemically-coupled glass fibers. They also have NSF/ANSI certifications from NSF International and the American National Standards Institute. These PP compounds have been expanded to include a wider range of glass, and now are available in white, black and natural shades, TPG officials said in a recent news release. “Expanding our offerings…naturally increases our appeal to manufacturers,” Mike Rosenthal,...
How DuPont went to war with activist investor Nelson Peltz
2015-10-07T11:01:02.065447-04:00https://www.thetrustedinsight.com/investment-news/how-dupont-went-to-war-with-activist-investor-nelson-peltz-20151007186/
Never mind that just a few weeks earlier, the billionaire investor Nelson Peltz had launched a very public proxy battle against her company. Peltz, the 72-year-old co-founder of the $11 billion hedge fund Trian Fund Management, is one of the most high-profile and accomplished of Wall Street’s growing hoard of so-called activist shareholders. And he wasn’t pulling any punches. Kullman, 59, was frustrated that Peltz was trying to paint her giant chemical company, the inventor of wonder fabrics such as nylon and Kevlar as well as one of the biggest players in the business of providing hybrid seeds to farmers,...
Sumitomo expands into Evolve Development's Annadale Estate
2015-09-08T16:55:54.171570-04:00https://www.thetrustedinsight.com/investment-news/sumitomo-expands-into-evolve-developments-annadale-estate-20150908856/
Japanese industrial conglomerate Sumitomo has struck a $50 million deal over Evolve Development's Annadale housing estate.
This startup can grow metal like a tree, and it’s about to hit the big time
2015-08-27T06:00:07.592732-04:00https://www.thetrustedinsight.com/investment-news/this-startup-can-grow-metal-like-a-tree-and-its-about-to-hit-the-big-time-20150827339/
A little known Seattle startup could do for metal what 3D printing is doing for other materials like plastic.
Irving Place to let Fund III LPs sell at full value or roll into new fund
2015-06-18T13:44:13.670945-04:00https://www.thetrustedinsight.com/investment-news/irving-place-to-let-fund-iii-lps-sell-at-full-value-or-roll-into-new-fund-20150618602/
Existing LPs can cash out their interests in the fund at 100 percent of net asset value as of Sept. 30, 2014, according to documents seen by Buyouts....
Rewarding Risk: Why Private Equity Needs to Venture Beyond BRICS
2015-06-03T20:21:38.915455-04:00https://www.thetrustedinsight.com/investment-news/rewarding-risk-why-private-equity-needs-to-venture-beyond-brics-20150603293/
The world is never short of crises. Whether it is another incursion of the radical Islamic group ISIS into a new city or an escalation of the conflict in Gaza, the globe can be a dangerous place. Inv...
APIP CEO Lee Cashell on current Ulaanbaatar Real Estate market
2015-04-06T14:35:37.267371-04:00https://www.thetrustedinsight.com/investment-news/tomorrows-emerging-markets-today-apip-ceo-lee-cashell-on-current-ulaanbaatar-real-estate-market-20150406649/
There is no hint when standing in the desolate Yarmag district of Ulaanbaatar that you are near the centre of one of the world’s fastest growing economies. But what today is just a mostly empty valley, for developers will be the next magnet for Mongolia’s rising middle class – unless a property crash happens.
PE Firm Buys Versatex, A Pittsburgh-based Cellular PVC Trim Manufacturer
2014-09-04T14:44:17.671482-04:00https://www.thetrustedinsight.com/investment-news/pe-firm-buys-versatex-a-pittsburgh-based-cellular-pvc-trim-manufacturer-20140904912/
Versatex Building Products LLC, a Pittsburgh-based manufacturer of cellular PVC trim, has been acquired by mid-market private equity firm Highlander Partners LP....
Dow Statement on Termination of Proposed Joint Venture Between Idemitsu Kosan Co., Ltd. and Mitsui & Co., Ltd.
2014-05-14T09:50:42.720660-04:00https://www.thetrustedinsight.com/investment-news/7325-dow-statement-on-termination-of-proposed-joint-venture-between-idemitsu-kosan-co-ltd-and-mitsui-co-ltd-20140514325/
Idemitsu Kosan Co., Ltd. and Mitsui & Co., Ltd., of Tokyo, Japan decided to not move forward with their proposed joint venture to construct a Linear Alpha Olefins unit on the U.S. Gulf Coast. Accordi...
PBGC Assuming Responsibility of Constar's Under-Funded Pension Plan
2014-02-07T13:46:51.089276-05:00https://www.thetrustedinsight.com/investment-news/5558-pbgc-assuming-responsibility-of-constars-under-funded-pension-plan-20140207558/
The PBGC estimated the pension plan has $89.6 million in assets and $135 million in liabilities, leaving it 66 percent funded. The agency said it would cover all but $700,000 of the gap.
The agency recently took over Hostess' benefits program.
Private Equity Firm Acquires BeGreen Packaging LLC - Showing Strong Support for Environmentally Responsible Consumerism
2014-02-06T12:14:42.763050-05:00https://www.thetrustedinsight.com/investment-news/5532-private-equity-firm-acquires-begreen-packaging-llc-showing-strong-support-for-environmentally-responsible-consumerism-20140206532/
The Riverside Co. has announced its acquisition of BeGreen Packaging LLC, a Santa Barbara, Calif.-based company that makes environmentally friendly products and packaging for the consumer packaged goo...
Private equity Firm purchases Microporous
2014-01-23T10:06:39.207128-05:00https://www.thetrustedinsight.com/investment-news/5166-private-equity-firm-purchases-microporous-20140123166/
Microporous, formerly known as Amerace, was founded in 1934....
Hedge Fund Vests in Dow Chemical Co. Becoming the Largest Investors
2014-01-22T11:01:03.355331-05:00https://www.thetrustedinsight.com/investment-news/5135-hedge-fund-vests-in-dow-chemical-co-becoming-the-largest-investors-20140122135/
Third Point L.L.C., the hedge fund led by the billionaire Daniel Loeb, has taken a stake in Dow Chemical Co. and called for a spin-off of its petrochemicals business to improve profitability....
The Daily Startup: Payment Execs Back WePay in Strategy Shift
2014-01-16T15:51:42.743840-05:00https://www.thetrustedinsight.com/investment-news/5035-the-daily-startup-payment-execs-back-wepay-in-strategy-shift-20140116035/
A roundup of venture-capital news and analysis from VentureWire and around the Web.
Why 2014 will be year of big decisions for Canadian oil and gas
2013-12-27T17:54:30.719750-05:00https://www.thetrustedinsight.com/investment-news/4321-why-2014-will-be-year-of-big-decisions-for-canadian-oil-and-gas-20131227321/
From decisions on pipelines, investment in LNG, what to spend and what to cut, Canada's oil and gas industry faces some big issues in what could be a landmark year...
Private equity dives in where others fear to tread
2013-12-23T18:04:32.926878-05:00https://www.thetrustedinsight.com/investment-news/4172-private-equity-dives-in-where-others-fear-to-tread-20131223172/
As the Canadian junior oil and gas public market dithers, private equity firms are kicking the tires in search of bargains...
Gerresheimer drops out of bidding for Rexam's healthcare packaging business
2013-12-04T16:39:12.717784-05:00https://www.thetrustedinsight.com/investment-news/3427-gerresheimer-drops-out-of-bidding-for-rexams-healthcare-packaging-business-20131204427/
Germany's Gerresheimer AG on Wednesday said that it has lost interest in the healthcare packaging unit of Rexam PLC. Gerresheimer manufactures medical supplies including pill bottles and syringes....
The Standouts of Private Equity
2013-11-13T14:18:11.135466-05:00https://www.thetrustedinsight.com/investment-news/2856-the-standouts-of-private-equity-20131113856/
There now appear to be noticeable differences among the publicly traded private equity companies. It should be a welcome change, even if it reflects some short-term thinking about a long-term business...