CABB Group invests in growth and flexibility on the Gersthofen and Knapsack sites
Sulzbach (Taunus), Germany – The CABB Group plans to further build on its global position as a producer of ultrapure monochloroacetic acid. The company has earmarked an investment figure well into the double-digit million euros range for expanding its production and storage capacities by the end of 2019. Work will focus on the Gersthofen and Knapsack sites in Germany. CABB serves a broad spectrum of specialty chemicals customers, supplying monochloroacetic acid and derivatives from its sites in Germany and China.
"The goal of this investment program is to offer an even higher degree of flexibility and reliability to our customers worldwide," says Carsten W. Woerner, General Manager of Business Unit Acetyls.
Valerie Diele-Braun, who took over as CEO of the CABB Group at the end of August adds: "We want to continue to build on the extraordinarily positive trend seen at our Acetyls business unit and expand our strong global footprint. These extensive investments reaffirm our commitment to establish the right conditions for sustainable growth."
Chemical substances
Countries
Companies
Latest news
BASF has successfully started operating its prototype metal refinery for battery recycling in Schwarzheide, Germany
Innovative technology extracts lithium, nickel, cobalt, manganese and copper from end-of-life lithium-ion batteries and battery production scrap. Plant represents further milestone in building Euro...
Topsoe to supply technology for Cepsa's 2G biofuels plant in Palos de la Frontera, Spain
Cepsa and Bio-Oils’ new plant will begin production in 2026 and is expected to produce 500,000 tons of Sustainable Aviation Fuel (SAF) and renewable diesel annually. Topsoe will deliver its HydroFl...
Mol inaugurates the largest green hydrogen plant of the region at the Danube Refinery in Százhalombatta, Hungary
MOL produces 1600 tonnes of green hydrogen per year using electricity from renewable sources. The plant will reduce carbon dioxide emissions of the Danube Refinery by 25 000 tonnes. With the introd...
MadoquaPower2X Commits to Expanding New Land to Produce Green Hydrogen and Ammonia in Sines, Portugal
ZILS - Sines Industrial and Logistics Zone →MadoquaPower2X Commits by signing deeds for the surface right to an additional 60 hectares of industrial land for the green hydrogen and ammonia production units in ZILS - Sines Industrial and Logi...