Cargill acquires BioBased Technologies®

Cargill, Minneapolis, Minn., has bolstered its biobased polyol product offerings by purchasing Rogers, Ark.-based BioBased Technologies’ vegetable-based polyol product line, Agrol® and other assets. Cargill’s Industrial Specialties business and BioBased Technologies are leaders in the development of soybean-based polyols that replace petroleum-based polyols enabling manufacturers to create more sustainable products. Cargill’s BiOH® product line produces biobased polyols in various flexible foam markets, including bedding, furniture and automotive seats. BioBased Technologies provides natural polyols to the foam sector and other industrial markets. The acquisition pairs BioBased Technologies’ unique processing model with Cargill’s global manufacturing capabilities and leverages the sustainable chemistry expertise of the two organizations.