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Eastman CFO Willie McLain to address the Citi Basic Materials Conference
Businesswire· 2025-11-25 16:45
Core Points - Eastman Chemical Company's CFO Willie McLain will present at the Citi Basic Materials Conference on December 2, 2025, at 10:50 a.m. ET [1][6] - The presentation will be available via live webcast on the company's investor relations website, with an audio replay accessible afterward [1][6] Company Information - Eastman Chemical Company is recognized as one of the 100 Best Corporate Citizens for 2025 by 3BL, a notable sustainability communications partner [6]
Eastman CFO Willie McLain to address the Citi Basic Materials Conference
Businesswire· 2025-11-25 16:45
Core Points - Eastman Chemical Company's CFO Willie McLain will present at the Citi Basic Materials Conference on December 2, 2025, at 10:50 a.m. ET [1][6] - The presentation will be available via live webcast on the company's investor relations website, with an audio replay accessible afterward [1][6] Financial Results - Eastman has scheduled the release of its third-quarter 2025 financial results, including an SEC Form 8-K filing, teleconference, and webcast [5] Corporate Recognition - Eastman has been recognized as one of the 100 Best Corporate Citizens for 2025 by 3BL, a notable sustainability communications partner [6]
Chemtrade Logistics Income Fund Announces Closing of the Acquisition of Polytec, Inc.
Businesswire· 2025-11-21 18:15
Core Viewpoint - Chemtrade Logistics Income Fund has successfully completed the acquisition of Polytec, Inc. for US$150 million, enhancing its water treatment solutions capabilities and supporting its Vision 2030 growth targets [1][2][3]. Group 1: Acquisition Details - The acquisition of Polytec, a provider of turnkey water treatment solutions based in the southeastern United States, was financed through Chemtrade's credit facility [1]. - Polytec's founder will remain involved post-acquisition to ensure a smooth transition for employees and customers [2]. Group 2: Strategic Benefits - This acquisition allows Chemtrade to leverage a unique solutions platform across its North American operations, creating cross-selling and growth opportunities in municipal and food-processing markets [2][4]. - The addition of Polytec expands Chemtrade's existing water treatment chemicals platform, enhancing service capabilities and product offerings [3][4]. Group 3: Financial Implications - Chemtrade's CFO highlighted that the acquisition is supported by a strengthened balance sheet and robust cash flows, which will enable continued investments in high-return organic growth projects [5]. - Following the acquisition, Chemtrade's leverage remains within target ranges, ensuring ample liquidity for future investments and capital returns to unitholders [5].
Element Solutions Inc Announces Pricing and Preliminary Syndication of Add-On to Existing Term Loan B
Businesswire· 2025-11-20 20:32
Core Viewpoint - Element Solutions Inc has announced a $450 million add-on to its existing senior secured term loan B, which is intended to finance the acquisition of Micromax, expected to close in Q1 2026, subject to regulatory approvals and customary conditions [1][2]. Financing Details - The add-on loan is priced and syndicated, with terms consistent with the existing term loan B tranche [1]. - The funds from the add-on, along with cash on hand, will be utilized for the Micromax acquisition [2]. Company Overview - Element Solutions Inc is a global specialty chemicals company that provides a wide range of solutions enhancing product performance across various industries, including consumer electronics, automotive systems, and offshore energy [3].