K 2013: Bio-based additives drive growth at Emery Oleochemicals

For a company with plastic additive sales currently in the order of 15% if its $1 billion in annual revenue, Malaysian-based Emery Oleochemicals (8b/A62) has lofty options to transform itself into a major global supplier of lubricants, specialty plasticizers and antistatic agents based on renewable resources. A 50:50 joint venture of Thai petrochemicals giant PTT Global Chemical and the world's largest palm oil plantation concern, Sime Darby, Emery Oleochemicals plans to boost oleochemical derivative sales from the current 30% to 50% by as early as 2015. The company originated from the former Cognis oleochemicals business.

To achieve this aim, the company is boosting capacity at its site in Lockstedt, Germany by 10,000 tonnes/yr to reach 40,000 tonnes/yr. It also started up a second plastic additives plant, in Malaysia, at the beginning of this year. Both plants also manufacture derivatives for home, personal and wellness products, and agricultural chemicals....

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