Private equity consortium finalises purchase of DuPont's Clean Technologies business

Published by Nicholas Woodroof, Editor
World Fertilizer, Wednesday, 05 January 2022 15:30

New Year’s Day marked the beginning for Elessent Clean Technologies as an international private equity consortium, consisting of BroadPeak Global LP, Asia Green Fund (AGF) and The Saudi Arabian Industrial Investments Company (Dussur) completed its transaction to purchase the Clean Technologies business of DuPont de Nemours, Inc. on 31 December 2021.

The new, independent company has been named Elessent Clean Technologies. Elessent retains exclusive rights to MECS^® sulfuric acid and environmental technologies, BELCO^® scrubbing technologies, STRATCO^® alkylation technology and IsoTherming^® hydroprocessing technology.

“We are excited about what the future holds for us as a standalone company,” said Elessent CEO, Eli Ben-Shoshan. “The strong global expertise of the Group will accelerate our mission to deliver the technology and tailored solutions our customers need to more efficiently produce cleaner products for the world.”

Read the article online at: https://www.worldfertilizer.com/sulfur/05012022/private-equity-consortium-finalises-purchase-of-duponts-clean-technologies-business/

Nitricity launches field trial of climate-smart nitrogen fertilizer

Wednesday 24 April 2024 08:52

Nitricity has announced the launch of its latest field test at an event in Madera County. In partnership with Olam Food Ingredients, Elemental Excelerator, and the Madera/Chowchilla Resource Conservation District, the announcement marked a significant increase in scale from small deliveries to the first tonnage delivered of Nitricity’s locally-produced liquid calcium nitrate product.

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