Cargill JV to Erect $300M 1,4-Butanediol Plant
Image courtesy of Cargill The joint venture’s will produce 65,000 mt/yr of the biointermediate in a new facility in Iowa. American agribusiness Cargill and German chemicals marketer HELM have formed a new joint venture, Qore, to produce bio-based intermediates that can be used in lieu of fossil-based chemistries, the two firms announced in a release Tuesday. The joint venture plans to invest $300 million to open the first commercial-scale production facility for 1,4-butanediol (BDO) in the United States. “With consumers demanding more sustainable products, brand...