Nouryon has entered into an agreement to acquire the merchant triethyl aluminum (TEAL) business of South African chemicals company Sasol. TEAL is a metal alkyl used in the production of high-volume plastics, including polypropylene and polyethylene, the company said.
Nouryon has reportedly moved to increase its footprint in the metal alkyls market, following an expansion of production capacity at its Rotterdam site and the acquisition of metal alkyls producer Zhejiang Friend in China.
‘Our ambition is to strengthen our leadership position in catalysts to the global polymer industry and this acquisition allows us to take the next step in that journey,’ said Johan Landfors, president of technology solutions at Nouryon.
This story uses material from Nouryon, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.