Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun Plural form of
oleochemical .
Etymologies
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Examples
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Such oil-derived feedstocks (known as oleochemicals) "are looking more and more interesting from an economic point of view" to major detergent companies, says Neil Burns, vice president for U.S. operations of VVF, an oleochemical producer based in Mumbai, India that recently set up a U.S. branch office in Freehold, N.J. The oleochemicals of most relevance to the detergents industry, says Burns, are fatty alcohols, alcohol sulfates, alcohol ether sulfates and alcohol ethoxylates.
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In its second deal in as many weeks, Reliance Equity Advisors has invested Rs 136 crore in VVF Ltd, which manufactures and markets personal care products and oleochemicals.
Deals India: Morning News Roundup DEALS INDIA STAFF 2011
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Wilmar, which is engaged in oil-palm cultivation, oilseeds crushing, edible-oils refining, sugar, specialty fats, oleochemicals and biodiesel manufacturing and grains processing, plans to continue investing in existing and new businesses as part of its growth strategy, the statement said.
Wilmar Profit Falls Gaurav Raghuvanshi 2011
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Gamble, which has a supply agreement with an Indonesian company that produces oleochemicals.
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Rising petroleum prices have created opportunities for oleochemicals
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One reason for this, says Baldwin, is that production of oleochemicals, which yields glycerin as a byproduct, is down by about 20% this year over the same period in 2008.
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When it comes to the refined product, supply and demand "are roughly in balance" in the U.S., says Bob Drennan, chairman of the board at H.I.G. Chemicals, owner of Uniqema Americas, a large Chicago-based producer of oleochemicals, including glycerin.
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G said it had signed contracts "in excess of $1 billion" with Indonesia's Domba Mas Group to purchase the output of a new oleochemicals facility to be built in Indonesia by Domba Mas.
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Another factor is the rapid growth of the plant-derived oleochemicals industry in Southeast Asia, which also churns out excess glycerin.
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G spokeswoman says the Domba project is on track, and the first phase of the facility, with a capacity of 40,000 tons/year of detergent-grade oleochemicals, is expected to run "soon."
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