Investments
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Kraton Performance Polymers acquires Arizona Chemical
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Another recent oleochemical-related news is the acquisition of pine chemicals producer, Arizona Chemical, by Kraton Performance Polymers, a global producer of highly-engineered polymers. Kraton has acquired all of the capital stock of privately-held Arizona Chemical for a cash purchase price of $1.37 billion. Both companies end-use market exposures are reportedly highly complementary particularly in markets…
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Emery opens green polyols facility
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I will try to blog as much as I can this week before I leave for the ICIS World Oleochemicals Conference in Croatia next week. Speaking of oleochemicals, Emery Oleochemicals finally opened its new $50 million green polyols facility in Cincinnati, Ohio. The company claims it to be the world’s first industrial-scale facility capable of…
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Corbion acquires Indian lactic acid biz
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Unfortunately, I’m in the middle of writing this month’s Bio-Materials newsletter for Tecnon OrbiChem so blog posts are brief and few. Here’s a recent announcement from Corbion Purac about its planned acquisition of Malladi Specialties Limited (MSL), a leading manufacturer in India of lactic acid and lactic acid-based derivatives such as calcium lactate, sodium lactate…
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World’s first Bio LPG facility in 2016
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Finland-based Neste breaks ground on what it claims to be the world’s first Bio LPG facility located at Neste’s renewable product refinery in Rotterdam. The EUR 60 million facility will start production of Bio LPG in the end of 2016. SHV Energy will market and sell Bio LPG to be produced at Neste’s Rotterdam refinery.…
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Europe launches Forest-based Chemicals Collaboration
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I have reported in June on Tecnon OrbiChem’s Bio-Materials newsletter about this newly-launched Valchem project, which received €13.1 million funding from the European Union to demonstrate the technical and economic viability of an integrated biochemical process covering the whole chain from wood raw materials to a selected platform chemicals and lignin-based performance chemicals. The project…
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Association, Conference, Event, General, Government, Investments, News Roundup, Opinion, R&D, Regulation, Twitter LiveTwitter Live: INFOCAST Sustainable Chemicals Summit
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Held in San Diego, California, the INFOCAST Sustainable Chemicals & Plastics Adoption & Applications Summit brought together consumer brand, OEM, retail decision makers, venture capitalists, financiers, corporate strategics, chemical majors, specialty, bio-based and sustainable chemical companies to provide a detailed overview of the challenges they face in ramping up the adoption of sustainable chemicals and…
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Alberta Bio program offers $3m funding
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Alberta Innovates Bio Solutions has launched a new funding program “Alberta Bio Future Product and Technology Commercialization,” which aims to increase the value derived from Alberta’s renewable biomass resource with new products or technologies for the province’s bioindustrial sector. A minimum of $250,000 and a maximum of $1,000,000 is available for projects that need pilot…