ERCA and Wilmar Joint Venture Announcement

ERCA and Wilmar announce new joint venture for home and personal care market.


The ERCA Group (via Società Chimica Lombarda S.p.A.) and Wilmar Group (via Europe Holdings B.V.), a leading Asian agribusiness Group with substantial oleochemical interests, are pleased to announce their Agreement to establish a 50/50 joint venture focusing on the Personal Care and Cosmetics Markets Globally ("JV"). The JV, which is subject to regulatory approvals, is expected to be operational by June 2016.
 
The JV will offer customers a wide portfolio of ingredients using renewable and competitive feedstock leveraging on Wilmar Group's integrated agribusiness model and its strong position in the oleochemicals and surfactants Sector and ERCA Group's technical expertise and market knowledge in the downstream cosmetic ingredients Sector.

The JV will use state-of-the-art production capacities in Italy and Poland to produce specialty ethoxylates, esters, alkanolamides and tailor-made blends for its customers in the global home and personal care market.

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