Green Chemicals Blog
Brazil
Indorama Ventures to buy Brazil-based Oxiteno
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 to close in Q1 2022. Oxiteno is an interesting acquisition for Thailand-based Indorama Ventures not … Continue reading
Cargill expanding in cosmetics and personal care
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 from companies’s restructuring and internal business changes is through their career section, who they hire (and … Continue reading