VYNOVA Group recently acquired by ICIG from INOVYN, announces the construction of a new membrane electrolysis facility with a nominal annual capacity of up to 100.000 tonnes of Chlorine and 150.000 tonnes of Potassium Hydroxide solution.
The facility at VYNOVA’s Tessenderlo site in Belgium will replace the existing mercury cellroom. At the same site VYNOVA is already running a membrane electrolysis for 270.000 tonnes Chlorine and 300.000 tonnes of Caustic Soda. Furthermore VYNOVA and INOVYN are joint venture partners in a membrane electrolysis for 450.000 tonnes Chlorine and 495.000 tonnes Caustic Soda in Runcorn, UK.
The new facility will make ICIG a leading producer of KOH in Europe, as ICIG already owns a KOH production facility at Potasse and Produits Chimiques SAS (PPC) in Thann, France. This unit is currently converting to membrane cells and is expected to be operational by October this year. ICIG will then be the only KOH producer with two production sites in Europe.
Dr. Achim Riemann, Managing Director of ICIG said: ‘With the conversion of the plant at Tessenderlo in addition to the conversion at Thann, ICIG demonstrates strong commitment to the KOH industry and its valued customers. Also for KOH derivatives such as Potash Carbonate and Potash Flakes ICIG is and will remain a leading supplier in Europe.’
About VYNOVA
VYNOVA Group is a major player in the European suspension PVC, caustic soda (NaOH), and caustic potash (KOH) markets. Founded on July 1, 2015, it operates its businesses based on the vast experience dating back to EVC, LVM and INEOS ChlorVinyls. VYNOVA stands for continuity and reliability, and excellence in quality and service through partnering with our clients. It operates a growth strategy based on a healthy financial structure. Its sites located in the UK, France, Belgium, Netherlands and Germany constitute a set of well integrated chemical supply chains, from salt to PVC. VYNOVA Group employs approximately 1250 employees. Visit our website: www.vynova-group.com
About International Chemical Investors Group (ICIG)
International Chemical Investors Group (ICIG) is a privately owned industrial holding company focusing on chemicals and pharmaceutical businesses. Since inception in 2004, ICIG has acquired more than 24 businesses, all of which have origins in major global chemical or pharmaceutical corporations, and are independently managed. ICIG companies are employing approximately 6,000 employees operating 28 manufacturing facilities in Europe and the United States with total sales in excess of Euro 2 billion. For more information about International Chemical Investors Group: www.ic-investors.com.
Contact:
International Chemical Investors Group
Sibel Cumcu
Phone: +49 69 506 999 0
Email: Info@ic-investors.com
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