In December 2021, Cargill announced its intention to acquire the majority of Croda’s Performance Technologies and Industrial Chemicals business to expand its bio-industrial footprint and better serve industrial manufacturers searching for greener ingredient solutions. Cargill recently announced the completion of the acquisition on June 30, 2022; the former Croda Smart Materials business is now officially part of Cargill Bioindustrial.

The acquisition is Cargill’s largest for its bio-industrial business, welcoming almost 750 employees from around the world. In addition, nearly 85% of the raw materials used to manufacture the products that will be added to Cargill’s bio-industrial portfolio are renewable and/or bio-based, which aligns with the company’s commitment to sustainability.

Learn more at www.crodasmartmaterials.com/en-gb and www.cargill.com.