Vertellus expands pyridine, picolines capacity in China
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Vertellus expands pyridine, picolines capacity in China

5:40 AM, 24th April 2013
Vertellus expands pyridine, picolines capacity in China

INDIANAPOLIS, US: Vertellus Specialties Inc has entered into a joint venture with Weifang Green Olive Chemical Co Ltd. The joint venture, named Vertellus Specialty Chemicals (Weifang) Co Ltd, will significantly expand Vertellus capacity of pyridine and picolines in China.

Vertellus will own the majority of the outstanding equity of the joint venture and will leverage its industry-leading technology to begin production of pyridine and picolines at Green Olive’s facility in Weifang, China. The Weifang facility has a name plate annual capacity of 10,000 metric tonne of pyridine and picolines with the opportunity for further expansion. Vertellus expects the facility to be fully operational during the summer of 2013.

“Vertellus is excited about the opportunity to partner with Green Olive to bring this state-of-the-art facility online to support the growth of China’s agricultural chemicals industry. The Weifang facility in the Shandong Province has been idle since it was built in 2011. We’re pleased to be able to utilize this existing structure to enhance our ability to serve the agricultural chemicals industry within China,” said Rich Preziotti, CEO, Vertellus Specialties Inc.

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