HONG KONG, Jan. 18, 2022 /PRNewswire/ — On December 31, 2021, an worldwide consortium (“Consortium”) efficiently done the acquisition of the cleantech organization of DuPont de Nemours, Inc., (“DuPont”), the world’s foremost cleantech supplier. VS Partners participated as the only asset allocator in the Consortium via a fund managed by Asia Green Fund (“AGF”), a primary eco-friendly impression financial investment fund. Besides AGF, the Consortium was also spearheaded by BroadPeak World-wide LP from US and Saudi Arabian Industrial Investments Organization (“Dussur”).
Pursuing the acquisition, DuPont Cleanse Technologies was formally renamed Elessent Clean up Systems (“Elessent”). As a stand-by itself enterprise with all the patents and systems of its predecessor, Elessent continues to serve countless numbers of industrial prospects in around 20 nations around the world and marketplaces in North The usa, Asia Pacific, Europe, the Center East, and Latin The us.
Elessent is the world-wide leader in new supplies and advanced manufacturing procedures. As carbon neutrality and sustainable growth have come to be a world consensus, a lot of countries and markets are anticipated to even further tighten environmental policies, benefiting the long-phrase development for world thoroughly clean technological know-how and environmental technologies field. Elessent’s technologies possess fantastic price and prospect for achieving sustainability and carbon neutrality targets in the metallurgical, fertilizer, chemical and petroleum refining sectors.
VS Associates advocates “Devote for the betterment of the world”. As a liable world asset allocator, VS Companions aims to establish an affect-minded portfolios like agent businesses and fund managers with deep vertical know-how, contributing to the enhancement of worldwide environment and sustainable advancement.
About VS Partners
Founded in 2019 by set up portfolio manager and internationally renowned entrepreneurs, VS Companions is a values-primarily based asset management business that invests globally. VS Associates applies an institutional approach of extensive-expression world wide asset allocation, increased by insights and networks of industry leaders from World wide Fortune500 corporations, and pioneers Outsourced Main Financial investment Officer (OCIO) product from China. The business delivers bespoke asset allocation answers to company, higher-internet-well worth, and institutional shoppers, with differentiated capabilities to apply multi-asset investments, both onshore and offshore, in an built-in global portfolio.
VS Partners strives to Devote for the Betterment of the Planet. The firm aims to bridge Eastern and Western leaders from business enterprise, money, and social innovation to develop lasting men and women-to-individuals connections by liable investments.
Elessent Thoroughly clean Systems is a world chief in process technologies to generate sustainability and carbon neutrality in the metallic, fertilizer, chemical and oil refining industries with an unwavering determination to consumer assistance. It offers considerable world wide abilities in vital apps – MECS® sulfuric acid output, STRATCO® alkylation, BELCO® wet scrubbing and IsoTherming® hydroprocessing. Giving vital approach tools, merchandise, technology and solutions, we allow an array of industrial marketplaces, including phosphate fertilizer, non-ferrous metals, oil refining, petrochemicals and chemicals, to reduce their environmental effects and enhance efficiency. Elessent is committed to assisting buyers create superior-good quality merchandise used in day-to-day daily life in the safest, most environmentally-sound way possible, with a eyesight to make the earth a much better area by developing thoroughly clean choices to traditional industrial processes.
Resource VS Companions (Hong Kong) Co., Minimal