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Stock impact report

CitroTech and Hexion Launch Global Joint Venture to Advance a New Standard in Next-Generation, Fire-Protected Wood Products [Yahoo! Finance]

General Enterprise Ventures, Inc. (CITR) 
Company Research Source: Yahoo! Finance
DENVER, April 21, 2026 BUSINESS WIRE )--CitroTech Inc. (NYSE AM: CITR), a leading specialty chemical company delivering environmentally-safe fire inhibitor solutions, and Hexion Inc., a leading global producer of adhesives and performance materials and American Securities portfolio company, today announced the formation of a 50/50 joint venture. Through this partnership, the companies will deploy next-generation fire-retardant solutions for the lumber and building materials industry, helping plywood, oriented strand board (OSB), and engineered wood manufacturers integrate built-in fire resistance more effectively and at a global scale. The collaboration combines CitroTech's patented, science-backed fire-retardant chemistry—the only formulation recognized under the Environmental Protection Agency's (EPA) Safer Choice program—with Hexion's deep understanding of wood product manufacturing, trusted relationships across the industry, and proven ability to scale complex technologies for Show less Read more
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