|Sasol’s Witten, Germany, plant|
Can you tell that I love getting information about the oleochemical (lipid-based chemicals) market? The global oleochemicals market is not that big but there sure are a lot of activities going on in this space!
After the sale of US-based Vantage Specialty Chemicals to another private equity firm The Jordan Company, today, South Africa-based petrochemical firm Sasol announced that it will sell its oleochemical production site and associated oleochemical business in Witten, Germany, to family-owned Cremer Oleo GmbH.
Cremer Oleo, the oleochemical business of ag-based trading and distributing firm Cremer, has been active in the production and distribution of basic oleochemical products since the 1970s. The blogger has bump into the owners a couple of times in several surfactant and oleochemical conferences in the past years. Cremer Oleo’s portofolio included distilled fatty acids, fatty alcohols, glycerine, esters, soap noodles and oleo-based ingredients for personal care/home care/cosmetic products.
According to Sasol, the Witten facility manufactures predominantly fatty acids and derivatives (plus coproduct glycerine) largely derived from coconut or palm kernel oil feedstock. Their product range comprises more than 250 different oleochemicals for use in cosmetics, food, pharmaceutical applications as well as for technical applications.
The Witten facility employs about 100 people. Cremer said it will absorb all the employees. Cremer’s Germany facilities are located in Wittenberge and Rodleben.
“We see this step forward as a meaningful and logical continuation of our international market presence in the oleochemical speciality-product segment.” – Stefan Cremer, managing partner.
Sasol, actually has three more facilities in Germany: Brunsbuttel – where the company produces alcohols and derivatives as well as inorganic specialty chemicals with a focus on high-purity aluminas; Marl – where Sasol produces its surfactants; and Hamburg – Sasol’s European headquarters mostly dealing with administrative and sales.
In another oleochemical news, The Netherlands-based specialty chemicals firm AkzoNobel has recently completed its acquisition of Chinese surfactant producer, Boxing Oleochemicals. Boxing is a big supplier of nitrile amines and derivatives products.
The company will be integrated into AkzoNobel’s Surface Chemistry business unit. The unit produces specialty surfactants, synthetic polymers and biopolymers used in formulation ingredients and process aids.