Evonik to build catalysts plant for biodiesel output in Argentina

29 March 2011 13:30  [Source: ICIS news]

NUREMBERG, Germany (ICIS)--Evonik plans to build a new 60,000 tonne/year catalysts plant at Puerto General San Martin, Argentina, for the manufacture of biodiesel, the Germany-based chemical company said on Tuesday.

Basic engineering for the plant has been completed and construction work is expected to start in July, with completion scheduled for the end of 2012, the company added.

Evonik did not disclose the cost of building the plant.

The plant, which will produce ready-to-use alcoholates for use as catalysts in the production of biodiesel from renewable raw materials, will supply the South America region, especially Argentina and Brazil, Evonik said.

Jan Van den Bergh, who heads Evonik's industrial chemicals business unit, said: “The planned new facility in Argentina strengthens our commitment to this region.”

“In the mid-term, we are anticipating strong double-digit growth in the biodiesel market,” he added.

For more on Evonik visit ICIS company intelligence

By: Franco Capaldo
+44 (0)20 8652 3214

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