Indorama’s Indovinya business segment has agreed to acquire two speciality surfactants brands in the oil and gas sector from Cargill Bioindustrial UK. This includes 25 patents, tolling rights and an R&D facility in Houston, Texas. The two lines are: 

* Kememix demulsifiers for the separation and removal of water from crude oil. The range includes alkoxylates, polyamine derivatives and modified polyols, and are said to highly effective under demanding field conditions, including heavy oil, low temperature and low/high water applications

Croda has agreed to sell most of its Performance Technologies & Industrial Chemicals (PTIC) business to Cargill Velocity Holdings, a wholly owned subsidiary of Cargill in a €915 million deal should close in the summer of 2022, subject to regulatory approvals and consultation with employee representatives. The company had stated its intention to reviewing ownership options for PTIC in May 2021.

Agribusiness giant Cargill and German chemical marketing and distribution firm Helm have formed a joint venture called Qore and will invest $300 million to build the first commercial-scale, renewable 1,4-butanediol (BDO) facility in the US. This will be located at Cargill’s biotechnology campus and corn refining operation in Eddyville, Iowa, and should be in operation in 2024.

Agrifood giant Cargill is joining forces with two French companies to further develop and scale biobased acrylic acid based on a lactic acid technology it licensed in from Procter & Gamble earlier this year. This is claimed to reduce greenhouse gas emissions in production by 50% compared with conventional means of production.