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Aromatic

aromatic.se

Stage

Acquired | Acquired

About Aromatic

Aromatic is a Swedish supplier of bakery ingredients and operates subsidiaries in Germany, Poland, the UK, Hungary, Switzerland, Turkey and the USA. In December 2011, Aromatic was acquired by Bakels. The valuation of Aromatic was undisclosed. Other terms of the deal were not released.

Headquarters Location

Bryggvagen 12

117 68,

Sweden

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Aromatic Patents

Aromatic has filed 3 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/26/2014

5/10/2016

Plumbing, Home appliances, Textile closures, Toilets, Sewerage infrastructure

Grant

Application Date

4/26/2014

Grant Date

5/10/2016

Title

Related Topics

Plumbing, Home appliances, Textile closures, Toilets, Sewerage infrastructure

Status

Grant

Latest Aromatic News

Honeywell Completes Its Engineering Assessment For A New Aromatic Plant Of The Pengerang Energy Complex

Aug 30, 2022

Honeywell today announced that they have completed the engineering assessment for Pengerang Energy Complex (PEC) Greenfield Integrated Condensate Splitter & Aromatic Complex located in Johor, Malaysia. The project is slated to be fully operational in 2026 and will produce 2.3 million tonnes per annum of aromatics. The condensate splitter will produce heavy naphtha, a primary feedstock for the aromatics plant. Honeywell was awarded the technology licensing contract in December 2021 by ChemOne Group which is the master developer of the PEC project. ChemOne will incorporate Honeywell UOP’s latest generation LD Parex technology to produce one of the most important petrochemical products para-Xylene, a key ingredient in the production of PTA (purified terephthalic acid), which is used to make polyester for fabric and PET (polyethylene terephthalate) chips for carbonated soft drink and water bottles. “We are pleased to announce that we have completed the engineering assessment on schedule,” said Matt Spalding, Vice-President and General Manager, Honeywell UOP Asia. “ChemOne’s project plan for PEC in Malaysia is visionary and Honeywell is proud to play a role in the expansion and enhancement of the petrochemical industry in the country.” PEC aims to build a world-class facility that can lead to economic growth and contribute toward environmental protection as well as social progress for the current generation, while not compromising the potential for future generations to have an ecosystem that meets their needs. The company aims to create a sustainable and energy-efficient, state-of-the-art aromatics complex in Southeast Asia to serve the wider Asian market, said PEC’s CEO, Mr. Alwyn Bowden. He also stated that the company was excited to announce significant progress on its ground-breaking project: “We are delighted to partner with our trusted colleagues at Honeywell UOP for this mega greenfield development. With the petrochemical market set to pick up further, PEC is poised to deliver profitable growth while creating local employment and moving Malaysia further up the value chain in the petrochemical sector.” He added, “Honeywell UOP’s market-leading advanced aromatics processing technologies will result in reduced energy consumption, maximized aromatics production, lowered capital and energy costs, and wider feedstock flexibility, allowing the PEC plant to become one of the most advanced, energy and carbon-efficient facilities in its class.” Source: Honeywell

Aromatic Frequently Asked Questions (FAQ)

  • What is Aromatic's latest funding round?

    Aromatic's latest funding round is Acquired.

  • Who are the investors of Aromatic?

    Investors of Aromatic include Bakels.

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