July 29, 2010

Interview: Update on Elevance

I have already written several articles for ICIS News* and ICIS Chemical Business noting Elevance's joint venture announcement in June with Indonesian oleochemical producer Wilmar. Talking to president and CEO K'Lynne Johnson as well as vice president of sales, Andy Shafer, at the BIO industrial biotech conference revealed more information about this announcement.

To start, the companies are building a 400m lb/year, which can be expanded to 800m lb/year, commercial-scale biorefinery located within Wilmar's new integrated manufacturing complex now under construction in Surabaya, Indonesia. Johnson said both parties are expected to invest in building the plant although no figures were disclosed.

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