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GLRPPR Sector Resource: Ashland and Cargill to Combine Talents for Biobased Chemical Joint Venture

Title:
Ashland and Cargill to Combine Talents for Biobased Chemical Joint Venture

Abstract:
Ashland and Cargill have agreed in principle to create a new joint venture (JV) to develop and produce bio-based chemicals. The parties intend for the new stand-alone entity to become a leading global supplier of chemicals from renewable sources. The JV's first product will be propylene glycol (PG). Using both licensed and proprietary technology, the JV will produce high-grade propylene glycol from glycerin, an abundant co-product of biodiesel production. (PG is currently produced from propylene oxide, a petroleum-based intermediate.)

URL:
http://investor.ashland.com/releasedetail.cfm?ReleaseID=334273

Source:
Ashland

Resource Type:
Article/report

Date of Publication:
May 7, 2007

Associated Sectors:

GLRPPR is a member of the Pollution Prevention Resource Exchange, a national network of regional information centers: NEWMOA (Northeast), WRRC (Southeast), GLRPPR (Great Lakes), ZeroWasteNet (Southwest), P2RIC (Plains), Peaks to Prairies (Mountain), WSPPN (Pacific Southwest), PPRC (Northwest).

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