Brazil
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Indorama Ventures to buy Brazil-based Oxiteno
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Indorama announced on Monday that it will acquire Oxiteno, the chemical subsidiary of Brazilian fuel company Ultrapar Participacoes SA, for $1.3 billion, subject to adjustment and closing, with a deferred payment of $150 million in 2024. The transaction is expected…
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Cargill expanding in cosmetics and personal care
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We just wrapped up Tecnon OrbiChem’s Biomaterials newsletter for this month, and now I have to focus on starting my glycerine presentation for the incoming ICIS Pan American Oleochemicals conference in October. Speaking of glycerine….one of the things I sometimes monitor…