Sugar Land-Based Company Buys Shuttered BASF Manufacturing Facility
Chemical giant BASF sold a manufacturing facility in Pasadena that it closed last year. Trecora Chemical, a subsidiary of Sugar Land-based Trecora Resources, bought the plant for an undisclosed price, reports the Houston Business Journal.
The facility produced wood and vegetable sterols that are used in dietary supplements and other food products to reduce cholesterol. The 6.5-acre site sits next to Trecora's 22-acre site and includes similar production equipment. Trecora said it will rehire some of the 40 workers the plant let go when it shut its doors. [HBJ]