The new facility has a capacity to produce over 60,000 metric tons annually and will supply ready-to-use alkoxides for use as catalysts in biodiesel production from renewable raw materials primarily to the Argentine and Brazilian markets.
The factory is equipped with the new technology that involves directly reacting alcohol with sodium hydroxide to produce alkoxides.
Evonik executive board member Patrik Wohlhauser said that the company has invested in Argentina because it wants 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.
"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," added Wohlhauser.
