11/16/2006

Kick-off for €100m investment at Vinnolit


Stepwise Vinnolit GmbH & Co. KG, Ismaning, will convert its electrolysis plants in Gendorf and Knapsack by 2011 to the environmentally friendly membrane technology. Combined with these measures is an expansion of chlorine capacity to 430,000 metric tonnes per year and the removal of the current chlorine deficit in Gendorf.

A significant precondition for the expansion and conversion of the chlorine plant in Gendorf is the decision, announced at the beginning of November 2006, to go ahead with the Ethylen-Pipeline-Süd (EPS). The construction of the EPS in which Vinnolit has an 11% stake secures the long-term provision of the companies in the Bavarian Chemical Triangle with ethylene.

In the first step of the chlorine conversion approximately €45m will be invested in the construction of a new membrane electrolysis in Gendorf with a capacity of 90,000 metric tonnes per year. As a counter measure mercury capacity in Knapsack will be reduced by 60,000 metric tonnes per year.

In the second step it is intended to fully convert the remaining mercury capacity in Gendorf and Knapsack with an investment volume of some €55m.

"Following the decision to proceed with the Ethylen-Pipeline Süd we are continuing our growth in intermediate products and, at the same time, will close our chlorine gap in Gendorf. This means that, in the medium term, Vinnolit will have at its disposal two large monomer sites with balanced capacity in all production stages", says Managing Director Dr Josef Ertl.

In addition the environmental benefits of the project should not be overlooked: "The modern membrane process requires 24% less energy per tonne of chlorine than the mercury process", emphasises Managing Director Dr Ralph Ottlinger "with the effect that Vinnolit is making a significant contribution to the reduction of CO2 emissions."

Editorial:Dr Oliver Mieden, Environmental Affairs / Corporate Communications
Vinnolit GmbH & Co. KG, Carl-Zeiss-Ring 25, D-85737 Ismaning
Tel.: +49 (0)89 – 96103-208, Fax: -109, e-mail: oliver.mieden@vinnolit.com