Russia’s invasion of Ukraine has accelerated the surging fossil feedstock price that has continuously climbed throughout 2021. Tecnon OrbiChem consultants have reported their analysis of the impact of these surging prices in several key chemical intermediates. As Russia plays an outsized role in global energy markets given that it is the world’s third-largest oil producer … Continue reading
Happy Thanksgiving to our US readers! I deemed last week’s AFCC’s first conference in Washington DC as a success and I, along with my colleague from Forest2Market, had a productive workshop session focusing on forestry feedstock for biofuels and renewable chemicals. We also had a presentation from the Pine Chemicals Association about the importance of … Continue reading
Early this year, I wrote a special report on the ongoing restructuring within the global pine chemicals industry (yes, it is free to access) and I guess one of the biggest transactions to date (if not the biggest in the pine chemicals market) is this recent announcement on the acquisition of Kraton Corporation by South … Continue reading
Tecnon OrbiChem’s Bio-Materials newsletter recently published an update from major pine chemicals producers Kraton and Ingevity, as well as covering a company announcement from Fintoil. You can now access this information for free on this link below: Tecnon OrbiChem’s Bio-Materials newsletter also published this month a free-to-access Special Report on cellulose fibres, which is our … Continue reading
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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 … Continue reading
In the pine chemicals world, MeadWestvaco (MWV), a major packaging company, announced its intention to spin-off its specialty chemicals business as an independent publicly traded entity. The spinoff is expected to be completed by the end of 2015. MWV reported that it remains open to other value-creating alternatives for the specialty chemicals business throughout this process. MWV … Continue reading
In Europe, biochemicals company, SunPine is planning to construct a tall oil rosin production facility in Pitea, Sweden, and has contracted Neste Jacobs to perform EPCM (engineering, procurement and construction management) services. The facility is expected to be operational in the second half of 2015 and will deliver rosin to Lawter facility in Kallo, Belgium. … Continue reading
It has been awhile since I last covered the tall oil market that includes crude tall oil (CTO), tall oil rosin (TOR), and tall oil fatty acid (TOFA). In my past experience, it has been difficult to get information on this industry as pulp and paper chemicals companies are not that many and they are … Continue reading