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Business

Solvay To Acquire Brazilian Company

by Alexander H. Tullo
December 2, 2013 | APPEARED IN VOLUME 91, ISSUE 48

Solvay has agreed to purchase Brazilian surfactants maker Erca for an undisclosed sum. Erca makes ethoxylated alcohols, fatty acids, fatty amines, and fatty amides at its plant in Itatiba, Brazil. The purchase, Solvay says, will more than double its surfactants capacity in Brazil, a country where markets such as agrochemicals and personal care are growing at a double-digit clip. Solvay says it can readily expand the Erca facility.

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