Global Oleochemicals Market Will Reach 15 million tons in 2018
According to a new market report published by Transparency Market Research Global Oleochemicals Market (Glycerine, Fatty Acids, Fatty Alcohols), Downstream Application Potential, 2010 - 2018", the global market for oleochemicals was estimated to be over 13 million tons in 2010 which is expected to reach 15 million tons by 2018, growing at a CAGR of around 6.0% from 2013 to 2018. Asia Pacific is the fastest growing market for oleochemicals, growing at a CAGR of 8.2% from 2013 to 2018.
Emery Oleochemicals planning $50M expansion in Cincinnati
Emery Oleochemicals is investing $50 million to expand its Cincinnati manufacturing facilities in Winton Hills and create 30 new jobs.
The Malaysia-based company is the largest manufacturer of oleochemicals in North America. Oleochemicals are chemicals derived from plants and animal fats.