Nouryon to acquire metal alkyls business from Sasol

Nouryon has entered into an agreement to acquire the merchant triethyl aluminum (TEAL) business of Sasol, including its specialty fleet of returnable cylinders. TEAL is a metal alkyl essential in the production of high-volume plastics, including polypropylene and polyethylene.

The acquisition is the latest in a series of moves Nouryon has made to significantly increase its footprint in the metal alkyls market.

“Our ambition is to strengthen our leadership position in catalysts to the global polymer industry, and this acquisition allows us to take the next step in that journey,” said Johan Landfors, president of Technology Solutions at Nouryon.