Evonik has agreed to sell its US betaine business in Hopewell, Virginia (pictured), to speciality chemicals company Kensing. The deal is expected to close in Q3. This follows the sale of the firm’s UK betaines site at Milton Keynes and the closure of another at Granollers, Spain, both in 2020. 

Evonik will, however, continue its betaine businesses in Europe, Asia and Latin America. It will also retain the rest of the Hopewell facility, which produces additives for polyurethane foam manufacture, plus agricultural and industrial applications.

Libra Speciality Chemicals has broken ground on a multi-million-pound capital investment programme at its site in Irlam, UK. This will see new technology installed to produce novel low-salt betaines, while expanding the existing plant’s capacity from 32,000 to 50,000 tonnes/year.