Ashland and Cargill Team Up to Make Bio-Based PG in Europe

Ashland and Cargill have agreed to team up in a 50-50 joint venture to develop and produce bio-based chemicals, beginning with high-grade propylene glycol (PG) made from glycerin, a co-product of biodiesel production. The jv will provide global manufacturing and marketing of the PG, starting with a 65,000-m.t./year plant at a yet-to-be-determined European site. The companies’ combined initial investment is about $80 million-$100 million, Ashland says. The jv’s name and leadership will be announced later this year, Ashland says. Solomon: Bio-based...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers