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Pyran, Inc. closed a $3 million investment from Kowa as part of its Series B round, raising over $5 million total, to build a world-scale commercial plant for bio-based 1,5-pentanediol (PDO) expected to begin operating in 2027.
Skymech Automation & Engineering Pte Ltd, a Singapore-based automation and robotics integrator, was acquired by the Kowa Group of Japan and renamed Kowa Skymech Pte. Ltd. as of June 8, 2023.