MOSCOW (MRC) -- Viridis Chemical, LLC (Houston, Texas) has signed an agreement with HELM US Corporation (Houston, Texas) to market and distribute USP-grade, biobased ethanol and biobased ethyl acetate produced at Viridis Chemical’s manufacturing plant in Columbus, Nebraska, according to BiofuelsDigest.
HELM will immediately assume the exclusive responsibility for global sales, marketing and logistics management for both of Viridis Chemical’s products.
Viridis Chemical’s Columbus plant is currently undergoing capital improvements that will increase production capacity.
The plant is expected to begin production of high-quality USP-grade bioethanol in mid-2021 and production of biobased Ethyl Acetate at a global scale in the fourth quarter of 2022.
As MRC informed before, in October, 2019, Helm announced that it will increase the volume of propylene it markets from the PCK refinery at Schwedt in Germany by more than 100,000 tonnes from 1 January, 2020. An additional shareholder of PCK Schwedt had awarded Helm with the “exclusive marketing and logistic services from one of the most modern refineries in Europe”.
Propylene is the main feedstock for the production of polypropylene (PP).
According to MRC's ScanPlast report, PP shipments to the Russian market reached 141,870 tonnes in January 2021 versus 123,520 tonnes a year earlier. Supply of homopolymer PP and PP block copolymers increased.
Helm AG is a Hamburg, Germany based family company established in 1900. HELM is one of the world’s largest chemicals marketing companies. The Company secures access to the world’s key markets through its specific regional knowledge and over 100 branches, sales offices and participations in over 30 countries. As a multifunctional marketing organization HELM is active in the chemicals industry (Feedstocks and Derivatives), in the crop protection industry, in active pharmaceutical ingredients, pharmaceuticals and in the fertilizer industry. Helm AG has a total of 1,521 employees.
MRC