Elevance opens bio-feedstocks JV plant in Indonesia

By Frank Esposito
Senior Staff Reporter

Published: July 19, 2013 1:37 pm ET
Updated: July 19, 2013 1:42 pm ET

Image By: Elevance Elevance CEO K'Lynne Johnson

Related to this story

Topics Materials, Sustainability, Materials Suppliers

Bioplastics technology firm Elevance Renewable Sciences Inc. has opened a major bio-feedstocks plant through a joint venture in Gresik, Indonesia.

Woodridge, Ill.-based Elevance has begun shipping commercial products from the biorefinery in Gresik, officials said in a July 18 news release. Elevance is operating the plant through a joint venture with Wilmar International Ltd., the Singapore-based firm that bills itself as Asia's leading agribusiness group.

The plant has annual capacity of almost 400 million pounds of bio-based specialty chemicals, including multifunctional esters. The plant initially will operate using palm oil, but also can run on soybean, mustard or other bio-feeds. In plastics, Elevance's materials can be used in specialty nylons, polyols, polyester, epoxies and polyurethane.

Elevance already has development deals in place with materials firms Arkema Group and Clariant International Ltd.

"We are pleased to have successfully and safely complete construction, commissioning and startup, allowing us to commercially supply partners with better-performing, cost-competitive renewable alternatives to petrochemicals across multiple industries," Elevance CEO K'Lynne Johnson said in the release.


Comments

Elevance opens bio-feedstocks JV plant in Indonesia

By Frank Esposito
Senior Staff Reporter

Published: July 19, 2013 1:37 pm ET
Updated: July 19, 2013 1:42 pm ET

Post Your Comments


Back to story


More stories

Image

Resin prices continuing to tumble

January 29, 2015 2:24 pm ET

The ongoing slide in crude oil prices is taking commodity resin prices down as well.    More

Image

Materials firms look for stock rebound

January 29, 2015 1:52 pm ET

DuPont Co., A. Schulman Inc. and Rogers Corp. thrived amid the stock market chaos of 2014, but the other 12 publicly held materials firms tracked by...    More

Image

Chemtrusion, Mytex Indiana compounding plant set for expansion

January 29, 2015 1:35 pm ET

Japanese and American partners in a compounding plant in Indiana plan to expand the facility.    More

Image

DuPont-Chenguang JV to produce fluoroelastomers in China

January 29, 2015 12:30 pm ET

DuPont Fluoropolymer Solutions and Zhonghao Chenguang Chemical Research Institute Co. Ltd. are proceeding with a 50-50 joint venture to serve the...    More

Image

Barington may force a vote for Omnova board at annual meeting

January 28, 2015 3:52 pm ET

It looks like the battle between Omnova Solutions and an activist investor is heading to a vote.    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events