Solvay acquires ERCA specialty chemical assets in Brazil

7:17 AM, 3rd April 2014

BRUSSELS, BELGIUM: Solvay has completed the acquisition of the specialty chemical assets of ERCA Química, Ltda in Brazil, enabling the Group to more than double its surfactant production capacity in the country and to expand its access to one of the world’s largest personal care and agrochemicals markets.

The acquisition’s conclusion comes one month after the Brazilian competition authority CADE cleared the transaction between Solvay’s global business unit Novecare and ERCA, based in Itatiba city in the state of Sao Paulo, Brazil. The transaction includes ERCA’s local specialty chemical assets, its portfolio of agrochemicals as well as home & personal care products, which strengthens Novecare’s commercial network, closeness to customers and innovation pipeline.

0 Comments

Your Comments (Up to 2000 characters)

Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Submit

DANBURY, US: Praxair Inc has acquired Lake Welding Supply Company Inc, one of the largest independent gas and welding products distributors in western ...

Uralkali, Indian Potash joint venture for potash supply

BEREZNIKI, RUSSIA/NEW DELHI, INDIA: Uralkali, one of the world’s largest potash producers, has concluded a contract with Indian Potash Limited ( ...

Synthos to build neodymium polybutadiene rubber plant in Brazil

EVRY, FRANCE: Synthos SA is planning to build a neodymium polybutadiene rubber (NdBR) plant in Triunfo Petrochemical Complex in Rio Grande d ...

Solvay to double copolymer capacity in Freiburg, Germany

LYON, FRANCE: Solvay Polyamide & Intermediates (P&I) will double its copolymer production capacity at the company’s Freiburg site, Germa ...

Asia to see extreme weather changes, says UN panel climate report

NEW DELHI, US: UN panel released its much awaited report which assessed impacts of climate change on human lives, natural resources and marine ecosyst ...

‘Ice reservoirs’ still hidden below Mars’ surface, find news study

LONDON, UK: A new research on meteorites reveals how the water vanished from the Martian surface. The large amounts of water escaped into space within ...