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Oil and gas players merge

Imperative Chemical Partners and RSI Chemicals are joining forces to create one of the largest land oil and gas chemical businesses in the US under the joint ownership of Hastings Equity Partners and One Equity Partners. Both are based in Texas.

Cabot exits purification

Cabot has agreed to sell its Purification Solutions business, which makes activated carbon for a wide range of applications, to private equity firm One Equity Partners. President and CEO Sean Keohane said that this “will allow us to focus resources on our core business segments and invest in areas where we see strong future growth and innovation potential for Cabot, such as battery materials”.

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