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Last updated on April 18, 2014 at 6:20 EDT

Domo Chemicals Finalizes Succesful Expansion Investments With Start-up of a new Ammonium Sulfate Storage Facility in Leuna (Germany)

March 5, 2010

GHENT, Belgium, March 5, 2010 /PRNewswire/ –

– Domo Caproleuna GmbH, subsidiary of DOMO Chemicals, celebrates in Leuna
(Saxony-Anhalt, Germany) the successful start-up of a new Ammonium Sulfate
storage facility (investment of 30 million euro) with a capacity of 80.000
tons in the presence of the Minister of Economic Affairs of Saxony-Anhalt,
Dr. Haseloff, and Domo Chemicals’ Chairman of the Board of Directors, Mr. Jan
De Clerck
.

Despite the difficult global market circumstances, DOMO(R) Chemicals has
further strengthened its competitiveness through the successful finalization
of the expansion investments during 2008 and 2009, amounting to 50 million
euro
, in its caprolactam and nylon plant in Leuna.

On top of the 20 million euro of investments in 10 % capacity growth, a
significant part, 30 million euro, has been invested in a new high-tech
storage and handling facility for ammonium sulfate, an important byproduct of
caprolactam.

About DOMO(R) Chemicals

DOMO(R) CHEMICALS, with headquarters in Ghent-Zwijnaarde (Belgium) and
production sites in Gent-Zwijnaarde, Leuna and Premnitz (Germany), is a
competitive player in the field of nylon, caprolactam, fertilizers and
polypropylene. DOMO Chemicals has a total global turnover of ca. 600 million
euro
and employs 640 people. Its core product caprolactam is the basis raw
material for high-grade plastics in various applications worldwide (textiles,
electronic and automotive parts, packaging films).

SOURCE Domo Chemicals nv


Source: newswire