TAGS: Sustainability / Natural Solutions
Cargill has entered into an agreement to acquire Arkema’s epoxides business which includes a facility located in Blooming Prairie, Minnesota.
After closing, the investment will give Cargill end-to-end production capabilities in bio-based plasticizers and polyols and enable the company to serve its customers with nature-derived alternatives to traditional petroleum-based additives.
Creating Bio-based Plasticizers & Polyols
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Industrial customers are increasingly searching for solutions made without petrochemicals, especially in consumer applications where potential concerns around toxicity and sustainability continue to grow,” said Kurtis Miller, managing director in Cargill’s bioindustrial business.
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Adding this capability will allow us to innovate across the polyol value chain, transforming our vegetable oil into highly functional compounds that bring benefits like flexibility, durability and heat stability to a wide range of industrial products.”
With this acquisition, Cargill will gain full control of their production process, transforming its commodity soybean oil into epoxides, and ultimately, creating the bio-based plasticizers and
polyols used to make a broad range of products that support the conveniences of everyday life, such as shower curtain liners, tiles, carpets, and furniture.
By combining the Arkema manufacturing capabilities with Cargill’s bioindustrial expertise, the company expects to further support its plastics, automotive, medical, furniture, flooring and specialty chemicals customers with a broader portfolio of bio-based solutions for applications like polymer and lubricant modifiers, coalescing agents for paint and foam for furniture.
Cargill's Complete Product Range
Source: Cargill