CLOs on the Move

Headquartered in Woodridge, Ill., Elevance Renewable Sciences, Inc. creates novel specialty chemicals from natural oils for use in personal care products, detergents and cleaners, lubricants and additives, engineered polymers, and other specialty chemicals markets. Commercial shipments from the company’s first biorefinery, a 180,000 MT joint venture with Wilmar International Limited located in Gresik, Indonesia, began earlier this year. The biorefinery is the first based on Elevance’s proprietary metathesis technology with a Natchez, Miss., biorefinery scheduled to be the second biorefinery with a capacity of 280,000 MT.