NEWS
IPP leases biochemicals plant to Nuol
International Process Plants ( IPP ) has leased a 151 million L / year precision fermentation plant in Little Falls , Minnesota ( pictured ), to Nuol Green Chemistry , which will use it to produce biochemicals including isobutanol and acetone . Nuol uses fermentation , low-pressure hydrogenation , esterification , transesterification and other technologies to develop biobased alternatives for industries such as cosmetics , pharmaceuticals , food and biofuels .
The 27-acre property features commercial- and pilot-scale fermentation and distillation systems , utilities including wastewater , and product testing laboratories . The plant ’ s capabilities include :
• Four 1.1 million L fermenters optimised for microbial fermentation
• Milling , saccharification and ultrafiltration systems
• Multi-stage distillation and evaporation systems
• Large-scale storage capacity for raw materials and finished products
Radici sells two businesses to US private equity firm
Italy ’ s RadiciGroup has signed a definitive agreement to sell its Specialty Chemicals and High Performance Polymers business areas to an affiliate of Dallas-based private equity firm Lone Star Funds . Terms were not disclosed and the deal should close in 2H , subject to customary closing conditions and regulatory approvals .
Lone Star CEO Donald Quintin said that the acquisition “ is highly complementary to Lone Star ’ s portfolio of specialty chemicals and manufacturing businesses and aligns well with our strategy of investing in industry leaders with strong growth potential ”. RadiciGroup will retain the Advanced Textiles Solutions business area , a specialist in polyamides .
The Specialty Chemicals business area makes chemical products and intermediates related to polyamides , notably adipic acid , hexamethylendiamine , nitric acid and KA oil , as well as esters for biodegradable solvents , paint removers , cosmetics , detergents , coatings , plasticisers , chemical intermediates and specialised polyamides . These are mostly marketed under the RadiChem brand .
MAR / APR 2025 SPECCHEMONLINE . COM
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