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Innovatti Opens Esters And Lubricants Plant

November 22, 2005

BRAZIL: Innovatti, a joint venture between Cargill’s Industrial Oils & Lubricants and Hatco Corporation (a unit of Kaufman Holdings), opened a new plant in Mairinque, São Paulo. The plant is producing three lines of vegetable oil- and fatty acid-based products: formulated natural (vegetable/ biodegradable base) and synthetic (ester base) lubricants, esters for high-performance lubricants and lubricants for refrigeration applications. The company expects to export nearly a third of its production to Asia by the end of the first half of 2005, executives said.

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