Domo Caproleuna opens €30m fertilizer logistics hub in Germany

05 March 2010 18:50  [Source: ICIS news]

TORONTO (ICIS news)--Chemicals and fertilizer firm Domo Caproleuna has started up a new €30m ($41m) fertilizer transhipment centre at the Leuna petrochemicals hub in Germany’s Saxony-Anhalt state, officials said on Friday.

The new centre would double Domo's hourly loading capacities at Leuna, said company executive Norbert Leetsch. He did not disclose further capacity details.

Saxony-Anhalt’s economic minister Reiner Haseloff said the investment underlined that the state remained attractive for chemical producers, despite the economic downturn.

He also pointed to recent new projects in the state by LANXESS and Manuli Strech.

Domo is part of Belgium-based Domo Group, a diversified chemicals, fertilizer and real estate firm. It also produces caprolactam at Leuna, where it employs about 700 workers.

($1 = €0.74)

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By: Stefan Baumgarten
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