Aditya Birla to acquire specialty chemicals manufacturing facility from Cargill.

Aditya Birla, an Indian multinational conglomerate, agreed to acquire specialty chemicals manufacturing facility from Cargill, an American multinational food corporation. Financial terms were not disclosed. "This acquisition reinforces our commitment to expanding our Advanced Materials business in the United States and globally. Establishing a local presence in the U.S. will enable us to serve regional customers more efficiently and collaborate closely to develop tailored solutions. We are excited to leverage this facility to enhance its capabilities and broaden our product offerings for our customers,” Rajesh Balakrishnan, Aditya Birla Advanced Materials business CEO.