Key facts
- Mainstream Pine Products has purchased Ingevity's crude tall oil (CTO) fractionation plant in DeRidder, Louisiana.
- The acquisition increases Mainstream's US CTO refining capacity.
- Ingevity had closed the DeRidder facility in 2024.
- The closure of DeRidder and conversion of a facility in Arkansas reduced US CTO refining capacity by 300,000t.
- US domestic CTO supply has been adequate for current refining capacity.
Mainstream Pine Products has acquired Ingevity's crude tall oil (CTO) fractionation plant located in DeRidder, Louisiana. This acquisition expands Mainstream's refining capacity for CTO, a key component in pine chemicals.
Rob Helwick, president and chief executive of Mainstream, stated that the company is evaluating the acquired assets to determine expansion plans, including the utilization of refinery components at the site. Basic operations related to pine chemicals are planned prior to any major expansions.