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 Lulsdorf site in Germany, said Process-worldwide.
ICIG acquired the Lulsdorf site from Evonik earlier this year and currently produces sodium and potassium alcoholates exclusively for Evonik through its subsidiary Lulsdorf Functional Solutions (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.
We remind, International Chemical Investors Group (ICIG) and Vynova Group announced the appointment of Christophe Andre as new President of Vynova Group, with effect from 1 September 2021. Christophe Andre will succeed Stefan Sommer, who will retire as President of Vynova Group and assume the role of Chairman of the Supervisory Board of Vynova Holding.
mrchub.com