Nouryon and INEOS Nitriles recently announced that they have broken ground on new facilities to be built at INEOS’ Köln site in Germany. The plants, which are due to be completed in 2021-2022, will produce raw materials for Nouryon’s biodegradable chelates. INEOS will operate and maintain the new facilities, as well as provide key raw materials.
“This long-term agreement with INEOS will support the growth of customer demand for readily biodegradable chelates in home and personal care applications such as detergents, which are a key strategic market for us,” said Larry Ryan, executive vice president and president of Performance Formulations and the Americas at Nouryon.
According to Hans Casier, CEO of INEOS Nitriles, “Our relationship with Nouryon over the past years has proven to be mutually beneficial. We look forward to building on that success, and we are proud that the products developed through this expansion in our partnership will lead to a more sustainable industry.”
Nouryon expects that the startup of the new facilities will strengthen its global footprint in the supply of biodegradable chelates to Asia, Europe, and North America. It follows completion of production facilities at Ningbo, China, in 2016 and is the next step to expand Nouryon’s capabilities to meet the needs of its customers in the European market.
“This capacity expansion underlines the company’s strategy of investing in attractive growth markets and its commitment to sustainable growth platforms,” said Charlie Shaver, Nouryon CEO. “It will enable us to better support the future growth plans of our customers. They will benefit from our continued efforts to improve global supply chain performance and optimization, and the ability to produce more sustainable products.”