Vynova Group, part of the International Chemical Investors Group (ICIG), plans to invest a high double-digit million euro amount in the construction of a plant complex for the production of all common sodium and potassium alcoholates at the Lülsdorf site in Germany.
ICIG acquired the Lülsdorf site from Evonik earlier this year and currently produces sodium and potassium alcoholates exclusively for Evonik through its subsidiary Lülsdorf Functional Solutions GmbH (LFS).
Due to regulatory requirements (UN Minamata Convention on Mercury), the LFS alcoholate production facilities will have to be closed at the end of 2027.
Alcoholates, also known as alkoxides, are used in a variety of applications, but predominantly in the production of biodiesel.
With the planned investment, Vynova Group will ensure the continuous supply of the European market from local production.
Vynova Group already operates a smaller production plant for sodium methylate at its subsidiary MSSA in La Rochelle (France) with an annual capacity of 20,000 tonnes.
About Vynova
Vynova is a leading European PVC and chlor-alkali company.
Our products play a key role in manufacturing numerous industrial products and consumer goods that improve our quality of life.
With production sites in five countries and more than 1,275 committed employees, we generated annual sales of 1.8 billion euros in 2022.
Established in 2015, Vynova is the chlor-vinyls platform of the International Chemical Investors Group (ICIG).
Our product offering comprises multiple grades of suspension PVC (S-PVC), KOH and other potassium derivatives, caustic soda (NaOH) and sodium hypochlorite (NaOCl).
For more information, visit www.vynova-group.com.
Contact:
Yannick Brusselmans
Group Communication Manager – Vynova Group
Phone: +32 479 32 34 99
Email: yannick.brusselmans@vynova-group.com
GERMANY