Emery Oleochemicals invests $25m in German TDC
Natural-based chemicals producer Emery Oleochemicals is constructing a new technical development centre (TDC) and expanding its manufacturing facility in Loxstedt, Germany, as part of downstream expansion plan.
Dr. Kongkrapan Intarajang, Emery Oleochemicals chief executive officer, said with the expansion, the company aims to support both existing and new customers by increasing the Loxstedt capacity and focusing on strategic product development works.
"We see a steady annual growth in plastic additives consumption of four to five percent worldwide, making our Loxstedt expansion integral and timely," Intarajang added.
"Our investments here, combined with our global reach, innovation and market insights, will prove instrumental when partnering with customers to find solutions necessary to meet the rapid product evolution seen in the Green Polymer Additives segment."
The manufacturing facility expansion is expected to upgrade technology to the existing infrastructure, while the TDC will serve as global centre for Emery Oleochemicals' green polymer additives business.
The €20m ($25m) projects are expected to be completed by 2013 and mark the company's largest Loxstedt investment to date, according to Emery.
The company has added plastic additives, such as Loxiol and Edenol, to its product portfolio.