News
Alain de Krassny Enters Into Exclusive Negotiations with the Apollo Funds For the Sale of the Kem One Group
Mr. Alain de Krassny, President of the Kem One Group, announces his intention to sell Kem One to funds managed by affiliates of Apollo Global Management, with which he has entered into exclusive negotiations. After successfully transforming the business through a robust investment program, Mr. de Krassny believes Kem One is well-positioned for future growth under the ownership of the Apollo Funds.
Kem One launches the building of the first hybrid vessels for the Rhône complying with the new regulation
By late 2022, Kem One will put into service two hybrid-engine vessels that comply with the new regulation on pollutant emissions. The company will be the first on the Rhône to make its fleet green, reducing the carbon emitted in transporting its raw materials by 2,000 tonnes every year.
Kem One aims to reduce its transport-related greenhouse gas emissions by 8%
Kem One is already committed to reducing the greenhouse gases it generates during production, and is now extending its focus to transportation between sites and of finished products. It aims to reduce its greenhouse gas emissions by 8% in 3 years.
France Relance recovery plan: Kem One to receive 15 million euros of government funding to support conversion of Fos-sur- Mer electrolysis unit
The French minister in charge of industry has given her support to converting the technology at Kem One’s chlorine, caustic soda and hydrogen production unit in Fos-sur-Mer. The new process will make it one of the most high performance sites in Europe in energy terms.
KEM ONE enters into partnership with Polyloop to develop PVC recycling
The startup Polyloop installs its experimental pilot unit in the Kem One laboratory in Balan. The two companies join forces to develop new solutions for PVC recycling.
Kem One joins businesses committed to the climate
Kem One, a signatory of the 2019 French Business Climate Pledge, is now officially one of the French businesses committed to reducing greenhouse gases.
European investment bank supports Kem One projects with 50 million euro loan
The European investment bank has approved a 50-million-euro loan to Kem One to finance a portion of its industrial equipment modernisation and R&D projects.
Kem One will adjust PVC prices in December
KEM ONE will adjust its PVC prices in December by anticipating the decrease of ethylene prices.
Kem One consolidates activities and emerges from receivership
On 20 March, the Commercial Court of Lyon certified that Kem One had completed the receivership plan six years in advance and declared the end of the receivership procedure. The company continues to grow and will invest €300M in the coming years to improve its performance.
KEM ONE recognised for good energy efficiency
In October, KEM ONE was awarded ISO 50001 certification, in recognition of its good energy management. The company has set itself the target of improving energy performance by 19% between 2013 and 2020.
