June 2021, Vol. 248, No. 6
Business
Companies in the News June 2021
Honeywell said 11 of its safety products were selected as winners in the 2021 iF Design and Red Dot product design competitions, recognizing its “best-in-class and user-centric designs that keep workers and workplaces safe globally.”
The iF Design and Red Dot awards received thousands of entries worldwide and were judged by an international panel of design experts. Honeywell won five iF Design and six Red Dot awards within the Safety and Productivity Solutions business, among others.
Kinder Morgan formed a new Energy Transition Ventures group within the company to identify, analyze and pursue commercial opportunities emerging from the low-carbon energy transition.
The group, led by Jesse Arenivas, president of Energy Transition Ventures and CO2, and Anthony Ashley, vice president of Energy Transition Ventures, will focus on broadening Kinder Morgan’s reach beyond the low-carbon energy initiatives currently in development by KMI’s business units.
“This is an exciting time in the energy sector,” said Arenivas. “As public policies, including tax and other government incentives, align with ESG objectives, our unparalleled asset footprint provides a solid footing to facilitate the energy transition.”
The team consists of a group of in-house financial, commercial and engineering talent that will focus on analyzing and quantifying opportunities for additional assets and service offerings tailored to the ongoing energy transition.
They will focus on customer outreach and business development activities in pursuit of those new ventures, which may include services like carbon capture and sequestration, renewable natural gas capture, hydrogen production, renewable power generation, electric transmission and renewable diesel production.
Winn & Coales International, the London-based parent of corrosion prevention and sealing products manufacturer Denso North America, announced that it has acquired Amcorr Products & Services of San Antonio, a manufacturer of viscoelastic protective coatings.
Amcorr is the developer of Viscotaq, a patented product range used for corrosion prevention and sealing applications on vital infrastructure. The acquisition is “aligned with the company’s focus on investing in the highest quality corrosion prevention solutions for its customers,” Winn & Coales said.
“The acquisition will give Amcorr the opportunity to grow rapidly, both nationally and internationally and above all, guarantee dedicated service and supply to existing and future clients across the globe,” said Edwin Welles, President of Amcorr and co-inventor of the Viscotaq technology.
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