Stepan completes purchase sulfonation plant in Brazil

Stepan completes purchase of sulfonation plant in Brazil

4:42 AM, 16th June 2015
Stepan completes purchase of sulfonation plant in Brazil

NORTHFIELD, US: Chemical maker Stepan Company said that through its subsidiary in Brazil, it completed the purchase of the sulfonation production facility in Bahia, Brazil from Procter & Gamble do Brazil SA. With a 30,000 metric tonne capacity, the facility is located in the northeast region of Brazil.

“This acquisition expands Stepan’s capabilities in Brazil, the world’s fifth most populous country and has a growing middle class. As the country’s usage of laundry products transitions from soap bars to powders to liquids, surfactant use expands. Surfactants used in functional applications, including the large Brazilian agricultural industry, are also increasing. Brazil is a strategic priority for Stepan. This acquisition is synergistic with our existing Vespasiano, Brazil plant and provides an opportunity to serve the growing northeast of Brazil,” said F Quinn Stepan Jr, president and CEO, Stepan Company.

© Worldofchemicals News

0 Comments

Login

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.

Related News


Valspar appoints David Lumley to its board to serve the audit committee

MINNEAPOLIS, US: The Valspar Corporation said that it has elected David Lumley (60) as a director to its board of directors, effective 10 June, appoin ...

Read more
IOC in talks to buy Tamil Nadu Petroproducts’ petrochemical plant

NEW DELHI, INDIA: India’s Fortune 500 firm, Indian Oil Corp Ltd is scouting around for an acquisition in the petrochemicals segment, three peopl ...

Read more
Momentive opens logistics centre in Dubai

WATERFORD, US: Momentive Performance Materials Inc said it has inaugurated the Middle East & Africa (MEA) logistics centre at Dubai, UAE and it wi ...

Read more
Novasep signs two supply deals, expands presence in Japan

POMPEY, FRANCE: Manufacturing solutions provider Novasep SAS said it it expanding its presence in Asia by signing two partnership agreements with loca ...

Read more
Petro Rabigh restarts hydrogen plant following emergency suspension

RABIGH, SAUDI ARABIA: Rabigh Refining and Petrochemical Co said that on 12 June it restarted the hydrogen production unit and that it expected that th ...

Read more
Thomas Swan extends portfolio, includes non-carbon 2D materials

CONSETT, UK: Chemical manufacturer Thomas Swan & Co Ltd said following its successful launch of Elicarb graphene products in 2014, it will ex ...

Read more