Thailand's Indorama Ventures Public Company Limited (IVL) has acquired Brazil-based Oxiteno S.A. Indústria e Comércio, a subsidiary of Ultrapar Participações S.A. The acquisition gives IVL a unique portfolio in high-value surfactants and significantly extends its existing Integrated Oxides and Derivatives (IOD) business.
The surfactants market has been consistently growing over the last decade, driven by trends in population growth, urbanization and increasing hygiene awareness, in particular...
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