Cargill Acquires NatureWax

Cargill has acquired NatureWax, one of the market-leading providers of natural, vegetable-based waxes.

NatureWax, a Provider of Natural, Vegetable-based Waxes
Cargill owned NatureWax from its inception in the late 1990s until 2007. In 2007 it was sold to its current parent company, Elevance Renewable Sciences, Inc. Cargill only purchased the NatureWax business back from Elevance. Going forward, Elevance will focus its efforts on developing its growing metathesis products business, a technology that creates chemical intermediates from vegetable-based feedstocks more economically than traditional methods.

As full owner of NatureWax, Cargill will use its global supply chain management strengths and its technical innovation capabilities to provide waxes superior to petroleum-based paraffin alternatives. Vegetable-based waxes are gaining in popularity because they burn cleaner and longer, and because it is easier to imbue them with fragrances.

This acquisition further expands Cargill’s ability to serve makers of vegetable-derived, bio-based industrial products. Cargill has been providing bio-industrial solutions and investing in these capabilities for more than 60 years. Cargill’s offerings include personal care products, dielectric fluid, lubricants, detergents, agrichemicals, asphalt and CASE (coatings, adhesives, elastomers, sealants), flexible foams, paints, inks and coatings.