Cargill buys BioBased Technologies' polyols product lines

The acquisition pairs BioBased Technologies’ unique processing model with Cargill’s global manufacturing capabilities and leverages the sustainable chemistry expertise of the two organisations. Going forward, Cargill can offer customers products that incorporate higher levels of natural polyols which reduces dependence on petroleum polyols, without sacrificing performance. Further, the acquisition will enable Cargill to expand into applications beyond the foam market, such as elastomers, sealants, coatings, binders and adhesives enabling increased sustainability efforts across those industries.

“When you combine Cargill’s size and resources with BioBased Technologies’ expertise, we are going to make substantial advances in the renewable chemistry sector in the years and decades ahead. When you have both BiOH and Agrol at your fingertips, there are tremendous opportunities in sustainable polyurethane applications for our customers and the markets we serve,” said Amy Sorrell, former chief executive officer of BioBased Technologies, and now commercial manager for Cargill industrial specialties.