SK Capital Partners has announced that it, Eurazeo and other shareholders in Seqens have entered a formal agreement for it to acquire Seqens. This follows a period of exclusive negotiations and the agreement of the employee representative body. This remains subject to regulatory approval. S

Seqens plans to add a second production plant for isopropanol at the Roussillon chemical platform in southern France (pictured). This will have capacity of 50,000 tonnes/year, increasing the company’s total by 70%, and is due to start up in 2021. It will enjoy an optimised production and competitive access to raw materials and energy on site, the company said.