January 11, 2012

Sasol sells German oleo plant to Cremer

Sasol's Witten, Germany, plant
Can you tell that I love getting information about the oleochemical (lipid-based chemicals) market? The global oleochemicals market is not that big but there sure are a lot of activities going on in this space!

After the sale of US-based Vantage Specialty Chemicals to another private equity firm The Jordan Company, today, South Africa-based petrochemical firm Sasol announced that it will sell its oleochemical production site and associated oleochemical business in Witten, Germany, to family-owned Cremer Oleo GmbH.

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