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NEWSMAKERS: * Clifford Chance Lawyers * CDPQ * ExcelPlas * Fonds de Solidarite * GNA * Jones Day Lawyers * Solmax * TenCate Geosynthetics
BREAKING NEWS – “Solmax Acquires TenCate Geosynthetics”
https://www.prnewswire.com/news-releases/solmax-the-worlds-leading-geosynthetics-manufacturer-acquires-tencate-geosynthetics-301264334.html
The Creation of a ‘Geosynthetic Behemot’
The acquisition of TenCate Geosynthetics by Solmax represents the formation of the largest geosynthetic entity worldwide
Solmax, the World’s Leading Geosynthetics Manufacturer has acquired TenCate Geosynthetics the leading manufacturer of geotextiles and geotechnical fabrics.
This will be the first company in Geosynthetics delivering significantly more than 1B$US per year – A major landmark for the industry !
https://finance.yahoo.com/news/solmax-worlds-leading-geosynthetics-manufacturer-163100760.html?guccounter-1&guce-referrer-aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce
The deal was brokered by Jean-Louis Vangeluwe (President of Solmax) together with David Leach (CFO of TenCate Geosynthetics in Evans, Georgia), Frank Spaan (CFO and Member of the Executive Board, Netherlands), Wallace Lamar Moore (Wally Moore) (CEO of TenCate Geosynthetics in Lawrenceville, Georgia), Kim Thomassin, Executive Vice-President and Head of Investments in Québec and Stewardship Investing at CDPQ, Colette Roy, Director of Investments with Fonds De Solidarite FTQ, Janie Béïque, President and CEO of Fonds de Solidarité FTQ as well as many others along the process including: JoshBerick [email protected] ; Chip Bensinger [email protected] ; [email protected] ; [email protected] ; [email protected] ; [email protected]; [email protected].
CDPQ Announces Solmax, the World’s Leading Geosynthetics Manufacturer, Acquires TenCate Geosynthetics
https://www.cdpq.com/en/news/pressreleases/solmax-the-worlds-leading-geosynthetics-manufacturer-acquires-tencate
GNA – Communicate Your Message Instantly With the Entire Global Geosynthetic Community
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LEGAL NEWS
Bank Brings Massive Class Action on Brazilian Mining Operators (Declassified)
Banco Safra S.A.-Cayman Islands Branch (“Banco Safra”) brought this putative securities fraud class action alleging that several offshore companies connected to a Brazilian mining operation had violated. Banco Safra is a Cayman Islands branch of the Brazilian bank Banco Safra S.A. Between 2013 and 2015, it purchased $135,102,000 in debt securities issued by defendant-appellee Samarco Mineração S.A. (“Samarco”), a Brazilian mining company co-owned by two other defendants-appellees, BHP Billiton Brasil Ltda. and Vale S.A. In 2015, Samarco’s Fundão “tailings” dam, designed to hold back waste materials produced by mining operations, collapsed, resulting in many tragic deaths and injuries as well as significant flooding, property damage, and other environmental impacts. Following this incident, the debt securities that Banco Safra had purchased plummeted in value.
https://scholar.google.ca/scholar_case?case=6188680886003305740&q=tailings&hl=en&scisbd=2&as-sdt=2006
OTHER NEWS
Tailings Management with Geosynthetics
https://globalsynthetics.com.au/tailings-management-with-geosynthetics/
Traditional vs Numerical Methods to Estimate Pressures and Strains in Pond Geomembrane Bubbles [PDF]
https://www.rthiel.com/uploads/ngrey/Thiel-20et-20al-202020-20Eurogeo7-20draft4-20accepted-20changes-20submitted.pdf
Methods to Estimate Pressures and Strains in Pond Geomembrane Bubbles [PDF]
https://www.rthiel.com/uploads/ngrey/May%202020%20GFR%20Update%20on%20Bubbles.pdf
New Specification for Geotextile Grout Filled Mattresses (GGFM)
https://geosyntheticsmagazine.com/2021/04/01/a-new-specification-for-geotextile-grout-filled-mattresses/
GNA Techline: Installing a Geomembrane Low to High Gradient?
https://geosyntheticsmagazine.com/2021/04/01/gma-techline-installing-a-geomembrane-low-to-high-gradient/
Influence of Geosynthetic Reinforcement on the Mechanical Behaviour of Soil-Pipe Systems
https://www.sciencedirect.com/science/article/abs/pii/S0266114421000352
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