16 September 2011 11:00 [Source: ICIS news]
SINGAPORE (ICIS)--German chemical producer Evonik held a groundbreaking ceremony on 15 September for its new plant in Argentina that will manufacture catalysts for biodiesel production, the company said on Friday.
The facility will be built at Puerto General San Martin - at the centre of Argentina's biodiesel industry - in the greater Rosario metropolitan area, Evonik said.
The plant, which is expected to be operational by the end of 2012, will supply ready-to-use alcoholates as catalysts for the production of biodiesel from renewable resources, the company said in a statement.
"It will primarily serve markets in Argentina and Brazil, with an annual capacity of over 60,000 tonnes," Evonik said.
Financial details of the project were not revealed.
In 2009, Evonik started up a similar production facility at Mobile in Alabama, the US that serves the North American biodiesel market.
For more on Evonik, visit ICIS company intelligence
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