Emulsion

Kingswood Capital Management Acquires PATCO Products, Formerly Corbion's Caravan Emulsifiers Division

Retrieved on: 
Tuesday, April 2, 2024

LOS ANGELES, April 2, 2024 /PRNewswire/ -- Kingswood Capital Management, LP (together with its affiliates, "Kingswood") announced today that it has acquired Corbion's emulsifiers business (formerly known as Caravan Emulsifiers), which, moving forward, will operate under the name PATCO Products, LLC ("PATCO" or the "Company").

Key Points: 
  • LOS ANGELES, April 2, 2024 /PRNewswire/ -- Kingswood Capital Management, LP (together with its affiliates, "Kingswood") announced today that it has acquired Corbion's emulsifiers business (formerly known as Caravan Emulsifiers), which, moving forward, will operate under the name PATCO Products, LLC ("PATCO" or the "Company").
  • PATCO is an industry-leading provider of emulsifiers for a diverse set of end markets, including food products, polymer additives, pet foods, personal care, and pharmaceuticals.
  • Vice President of Emulsifiers at Corbion, John Miller, will continue to lead the Company as its Chief Executive Officer.
  • "We look forward to the partnership with Kingswood and the support they will provide as we transition to a standalone business.

VANTAGE WINS 2024 C&T ALLĒ AWARD FOR JEESEPERSE® NOLO RANGE OF SELF-EMULSIFYING BASES FOR WATERLESS HAIR CARE APPLICATIONS

Retrieved on: 
Thursday, March 7, 2024

Deerfield, Illinois, March 07, 2024 (GLOBE NEWSWIRE) -- Vantage, a global supplier of naturally derived specialty ingredients, formulation components and expertise, was crowned a winner at the 2024 Cosmetics & Toiletries (C&T) Allē Awards for its JEESPERSE® NoLo range of self-emulsifying bases for waterless hair care applications.

Key Points: 
  • Deerfield, Illinois, March 07, 2024 (GLOBE NEWSWIRE) -- Vantage, a global supplier of naturally derived specialty ingredients, formulation components and expertise, was crowned a winner at the 2024 Cosmetics & Toiletries (C&T) Allē Awards for its JEESPERSE® NoLo range of self-emulsifying bases for waterless hair care applications.
  • The awards spotlight ingenuity in research & development for the cosmetics and personal care industry.
  • “Our JEESPERSE NoLo range is designed for personal care formulators looking to reduce the number of ingredients they source and for manufacturers wanting to lower their energy use,” said Beto Pino, Vice President Technical Marketing & Innovation, Personal Care.
  • The range includes two powder products, JEESPERSE NoLo N1 and JEESPERSE NoLo C2 , that are optimized for quick wetting, easy dispersion and the creation of stable emulsions, even when using cold- and low-energy processes like low shear mixing.

The Franklin Institute Celebrates 200 Years of Recognizing Excellence in Science and Technology with Announcement of 2024 Franklin Institute Awards Laureates

Retrieved on: 
Tuesday, January 30, 2024

As part of its bicentennial celebrations, The Franklin Institute proudly announces the laureates of the 200th year of the Awards Program.

Key Points: 
  • As part of its bicentennial celebrations, The Franklin Institute proudly announces the laureates of the 200th year of the Awards Program.
  • Since its inception, The Franklin Institute Awards Program has honored the most influential scientists, engineers, and inventors who have significantly advanced science and technology.
  • Bank of America returns in 2024 as the Presenting Sponsor of The Franklin Institute Awards Ceremony and Dinner for the 22nd consecutive year.
  • For more information about The Franklin Institute Awards Program and the 2024 laureates, please visit fi.edu/awards.

Organigram Announces Mailing of Management Information Circular in Connection with Annual General and Special Meeting

Retrieved on: 
Friday, December 29, 2023

The Meeting will be held in a virtual-only format via live audio webcast at https://virtual-meetings.tsxtrust.com/en/1576 on Thursday, January 18, 2024 at 10:00 a.m. (Toronto Time).

Key Points: 
  • The Meeting will be held in a virtual-only format via live audio webcast at https://virtual-meetings.tsxtrust.com/en/1576 on Thursday, January 18, 2024 at 10:00 a.m. (Toronto Time).
  • Instructions as to how to attend the Meeting and to vote are set out in the Meeting Materials mailed to Shareholders.
  • The majority of the Investment will be used by Organigram to create the “Jupiter Pool”, a strategic investment pool which will target investments in emerging opportunities.
  • These covenants in favour of the Company are intended to provide market stability and preserve the value of the shares.

SK Capital Partners Completes the Acquisition of J&K Ingredients

Retrieved on: 
Monday, November 20, 2023

Funds advised by SK Capital Partners, LP (“SK Capital”), a private investment firm focused on the specialty materials, ingredients, and life sciences sectors, have completed their previously announced acquisition of J&K Ingredients, Inc. (“J&K” or the “Company”) from CORE Industrial Partners (“CORE”).

Key Points: 
  • Funds advised by SK Capital Partners, LP (“SK Capital”), a private investment firm focused on the specialty materials, ingredients, and life sciences sectors, have completed their previously announced acquisition of J&K Ingredients, Inc. (“J&K” or the “Company”) from CORE Industrial Partners (“CORE”).
  • J&K, headquartered in Paterson, New Jersey, is a market-leading provider of food and beverage ingredients solutions with an emphasis on natural, organic, and clean label products.
  • The Company differentiates itself with extensive custom formulation and new product development capabilities, leveraging deep expertise in quality, function, and compliance.
  • We are thrilled to be partnering with the J&K team to build upon the Company’s stellar reputation and technical achievements to-date.”
    “At J&K, we are very excited for our next chapter in partnership with SK Capital,” said Ricardo Alvarez, Ph.D., CEO of J&K Ingredients.

Arkema Showcases Innovation, Bio-Renewable and Lower Carbon Footprint Solutions at Abrafati 2023

Retrieved on: 
Thursday, November 16, 2023

SAO PAULO, Brazil, Nov. 16, 2023 /PRNewswire-PRWeb/ -- Arkema, a leader in specialty materials, will showcase more sustainable solutions and innovation for coatings during ABRAFATI 2023 - the International Exhibition and Congress of Suppliers for Paints, November 21-23 in SCo Paulo, Brazil, Booth #A79.

Key Points: 
  • SAO PAULO, Brazil, Nov. 16, 2023 /PRNewswire-PRWeb/ -- Arkema, a leader in specialty materials, will showcase more sustainable solutions and innovation for coatings during ABRAFATI 2023 - the International Exhibition and Congress of Suppliers for Paints, November 21-23 in SCo Paulo, Brazil, Booth #A79.
  • Arkema's commitment to innovation and sustainability to innovative solutions will be on full display ABRAFATI.
  • We look forward to initiating business, and exchanging information, and technical knowledge in the field at this important industry event.
  • Arkema will feature a full offering for multiple innovations, including new bio-based polyurethane thickeners and alkyd emulsions, low carbon footprint solutions and very low VOC waterborne resins for interior and exterior applications in order to improve indoor quality and lower building materials carbon footprint.

Organigram Announces C$124.6 Million Investment from BAT and Creation of “Jupiter” Strategic Investment Pool

Retrieved on: 
Monday, November 6, 2023

In addition, this deepens the strategic partnership between Organigram and BAT, and we look forward to continuing to leverage BAT’s global capabilities and scientific expertise,” said Beena Goldenberg, CEO of Organigram.

Key Points: 
  • In addition, this deepens the strategic partnership between Organigram and BAT, and we look forward to continuing to leverage BAT’s global capabilities and scientific expertise,” said Beena Goldenberg, CEO of Organigram.
  • Through this investment, Organigram aims to capitalize on its state-of-the-art facilities, support further workstreams in R&D and product development and deliver impactful product launches.
  • The majority of the C$124.6 million investment will be used by Organigram to create a strategic investment pool, named Jupiter.
  • Additional information regarding the Investment will be included in a material change report to be filed by Organigram on www.sedarplus.ca .

CORE Industrial Partners Signs Definitive Agreement to Sell J&K Ingredients

Retrieved on: 
Wednesday, October 11, 2023

CORE Industrial Partners (“CORE”), a manufacturing, industrial technology, and industrial services-focused private equity firm, announced today the execution of a definitive agreement for the sale of J&K Ingredients LLC (“J&K” or the “Company”), a manufacturer and supplier of food and beverage ingredients with an emphasis on natural, organic, and clean label products, to SK Capital, a private investment firm focused on the specialty materials, ingredients, and life sciences sectors.

Key Points: 
  • CORE Industrial Partners (“CORE”), a manufacturing, industrial technology, and industrial services-focused private equity firm, announced today the execution of a definitive agreement for the sale of J&K Ingredients LLC (“J&K” or the “Company”), a manufacturer and supplier of food and beverage ingredients with an emphasis on natural, organic, and clean label products, to SK Capital, a private investment firm focused on the specialty materials, ingredients, and life sciences sectors.
  • Founded in 1899, J&K Ingredients pioneered the bakery industry’s first natural mold inhibitor and remains at the forefront of clean label ingredients innovation, custom formulation, and manufacturing across multiple food & beverage end markets.
  • CORE invested in J&K in October 2020 with the vision of scaling the business by enhancing its legacy bakery ingredients offering and expanding its natural preservative product category into adjacent food & beverage end markets.
  • We developed and executed our strategic growth plan to scale the business, which was completed during a dynamic operating environment.

SK Capital Announces the Acquisition of J&K Ingredients

Retrieved on: 
Wednesday, October 11, 2023

Funds advised by SK Capital Partners, LP (“SK Capital”), a private investment firm focused on the specialty materials, ingredients, and life sciences sectors, announced today the signing of an agreement to acquire J&K Ingredients, Inc. (“J&K” or the “Company”).

Key Points: 
  • Funds advised by SK Capital Partners, LP (“SK Capital”), a private investment firm focused on the specialty materials, ingredients, and life sciences sectors, announced today the signing of an agreement to acquire J&K Ingredients, Inc. (“J&K” or the “Company”).
  • We look forward to working together to bring ‘better for you’ products to consumers,” said Ricardo Alvarez, CEO of J&K Ingredients.
  • Kirkland & Ellis LLP acted as legal counsel to SK Capital.
  • Debt financing will be provided by KeyBanc Capital Markets, Kayne Anderson Private Credit, and Benefit Street Partners.

Organigram Reports Third Quarter Fiscal 2023 Results

Retrieved on: 
Friday, July 14, 2023

Q3 Fiscal 2023 saw the introduction of a record-breaking 28 new SKUs to the market for Organigram.

Key Points: 
  • Q3 Fiscal 2023 saw the introduction of a record-breaking 28 new SKUs to the market for Organigram.
  • Organigram has introduced one of its newest high THC cultivars, Tropical Reign, in large format 28g bags, under its Holy Mountain brand.
  • For Fiscal 2023 the Company had approximately $10 million in remaining capex committed to the three facilities.
  • Organigram believes its capital position is healthy and that there is sufficient liquidity available for the near to medium term.