Evonik Industries started up a new plant for manufacturing biodiesel-production catalysts in Argentina.
Patrik Wohlhauser, the member of the Evonik Executive Board responsible for the South America Region, spoke at the dedication ceremony, where he underscored the importance of investment in South America: "We're investing in Argentina, because we want to take advantage of the opportunities for long-term success that the South American market has to offer. As one of the world's leading providers of biodiesel-production catalysts, we wish to continue consolidating and expanding our position," Wohlhauser remarked at the plant opening. He then added, "The investment is both a clear acknowledgment of our commitment in South America, as well as part of our strategy, which we hope will allow us to participate in the region's growth."
With an annual capacity of over 60,000 metric tons, the new production plant will supply ready-to-use alkoxides for use as catalysts in biodiesel production from renewable raw materials. The new facilities will serve primarily the Argentine and Brazilian markets. Evonik located the plant on the same site as Terminal 6 S.A., which operates a large biodiesel facility.