Kemira and Wilmar signed a 50-50 joint venture agreement to manufacture alkyl ketene dimer (AKD) wax in China, integrating facilities in Yanzhou and Lianyungang. Closing is expected in Q3 2014.
The European Commission cleared the acquisition of newly created joint venture AB Mauri Yihai Kerry China by Associated British Foods and Wilmar International. The joint venture will manufacture and distribute yeast, bakery ingredients and bakery fats in China.
Inventure Renewables announced an agreement with Wilmar International and Desmet Ballestra Group to begin construction on a new facility in Jiangsu province, China, using Inventure's Soap Carbonate Technology to convert processing residues into Free Fatty Acids.
Wilmar's subsidiary KOG Investments entered a conditional joint venture agreement with Lion Corporation to manufacture and sell methyl ester sulfonate (MES). The JV will acquire Wilmar's existing MES facilities in Indonesia and Lion Eco Chemicals.