International Process Plants Acquires Wax Manufacturer Juniper Specialty Products.
MANews-(C)2009-2022
US-based International Process Plants and its affiliates have acquired Juniper Acquisitions LLC, owner of the Juniper Specialty Products and its commercial-scale high-purity gas-to-liquids wax manufacturing plant in Westlake, Louisiana, the company said.
According to Process Plants, Juniper Specialty Products is North America's only commercial-scale GTL wax production facility.
The 10-acre rail and truck-served site, including all intellectual property, is available for purchase, lease, joint-venture, or licensing.
The plant will convert natural gas into 1,100 barrels/day of high-purity Fischer-Tropsch paraffinic waxes used in adhesives, coatings, construction materials, and consumer goods including cosmetics, as well as zero-sulfur light and middle distillates used in transportation fuels and chemicals industries.
IPP is part of a global group that acquires chemical, petrochemical...
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