MOSCOW (MRC) -- US-based Chemical company Axiall has entered into a distribution agreement with automotive and heavy-duty coolants provider Old World Industries, to market liquid caustic soda, said Chemicals-technology.
With the deal, Old World Industries expects to re-enter in the field of marketing liquid caustic soda, which is used in the production of pulp and paper, alumina, de-inking of waste paper, water treatment, and several chemicals.
Additionally, caustic soda is used as an intermediate and a reactant in processes that produce solvents, plastics, synthetic fibres, bleach, adhesives, coatings, herbicides, dyes, inks, and pharmaceuticals including aspirin.
It is also used in the soap and detergent, oil and gas, and textile industries, as well as to neutralise acidic waste streams and removing acidic elements from off-gases.
The latest deal between Old World Industries and Axiall aims to provide a distribution network for liquid caustic soda across the US by using Old World's supply chain networks and its customer service activities.
Old World Industries chemical division president Jim Bryan said: "This is yet another addition to Old World Industries' successful chemical business. "We have vast experience in the sales and marketing of Ethylene Oxide, Derivatives, and Glycols, as well as other industrial chemicals through our EPIC (Exclusive Partners In Chemistry) brand".
The company is involved in various brands such as PEAK Antifreeze, PEAK Motor Oil, BlueDEF diesel exhaust fluid, and EPIC Chemical brands.
Currently, Axiall has four plants in the US, one in Canada, and a network of terminals across North America. The company also has shares in a joint venture that owns and operates a facility making caustic soda in Taiwan.
As MRC informed earlier, Axiall Corp. and Lotte Chemical Corp. will make a combined USD3 billion capital investment in two new chemical manufacturing plants in Lake Charles, Louisiana.
Axiall Corporation is a leading integrated chemicals and building products company. Headquartered in Atlanta, Axiall has manufacturing facilities located throughout North America and in Asia to provide industry-leading materials and services to customers.
MRC