At a glance
- EUR 30 million will be invested in expanding polymer manufacturing capacity for CEOR.
- The investment is part of a EUR 160-200 million capital expenditure for 2018.
- Additional capacity will be built at Botlek, Netherlands.
- New capacity is expected to be operational by early 2019.
Investment Overview
Kemira will invest approximately EUR 30 million to expand its polymer manufacturing capacity for Chemical Enhanced Oil Recovery (CEOR). This investment is part of a larger EUR 160-200 million capital expenditure plan for 2018.
Location and Timeline
The additional capacity will be built at Kemira's existing manufacturing site in Botlek, Netherlands. The new capacity is expected to be operational by the beginning of 2019.
Strategic Importance
This expansion aims to meet the anticipated increase in customer demand for tailored polymers in the Oil & Gas sector. The development of these polymers requires close collaboration with customers and extensive innovation expertise.
