BASF, Cargill and Novozymes have signed an agreement to develop technologies to produce acrylic acid from renewable raw materials. Presently, acrylic acid is produced by the oxidation of propylene derived from the refining of crude oil.
Novozymes and Cargill have collaborated on renewable acrylic acid technology since 2008. BASF has now joined the collaboration. The company plans initially to use the bio-based acrylic acid to manufacture superabsorbent polymers.
Sun Chemical Closes Its Acquisition of Benda-Lutz
Sun Chemical and its parent company, DIC, have closed the acquisition of Benda-Lutz Werke GmbH, a leading manufacturer of metallic effect products. Terms of the deal were not disclosed.
The acquisition allows Sun Chemical and DIC to expand its product portfolio in metallic effects.
Sun Chemical adds production facilities in Austria, Poland, Russia and the U.S. to accompany its aluminum pigment manufacturing site in China, forming the basis of a new global Metallics Business Unit as part of Sun Chemical’s Performance Pigments Division.