Raisio sold its esterification plant in the U.S.A
Raisio plc Stock Exchange Release, 19 April 2013 RAISIO SOLD ITS ESTERIFICATION PLANT IN THE U.S.A Raisio has sold its US esterification plant to Avoca Inc, a subsidiary of Pharmachem Laboratories Inc. The agreement was signed and transaction closed on 18 April 2013. With the deal, the production of plant stanol ester, a Benecol product ingredient, will be centralised to the Raisio-based factory and profitability will improve according to the Group objective. Raisio built the esterification plant in Summerville, South-Carolina, in 1998. Summerville factory has operated as a