European Chemical Industry News & Insights

Investment Steady at Industriepark Höchst

At a glance
  • Tenants invested EUR 328 million in 2017.
  • Agreement reached on Seveso III Directive with City of Frankfurt.
  • UPM plans to build a biorefinery at Industriepark Höchst.
  • Energy Management and Trading generated EUR 530 million in revenue.

Investment and Growth

In 2017, tenants at Industriepark Höchst invested EUR 328 million, maintaining a stable investment level despite market challenges. The Infraserv Höchst Group's revenue grew by 3.1 percent to EUR 975 million, driven by the launch of a new subsidiary, Infraserv Höchst Prozesstechnik GmbH, which enhances the service portfolio for manufacturing companies.

Seveso III Directive Compliance

An agreement was reached with the City of Frankfurt to comply with the Seveso III Directive, ensuring a safe distance between residential areas and chemical plants. This agreement supports the development opportunities for industrial parks while allowing responsible urban development.

Attractiveness and Competitiveness

Industriepark Höchst remains a leading research and production site in Europe for the chemical and pharmaceutical industries. Finnish paper manufacturer UPM is considering building a large biorefinery at the park, highlighting its attractiveness. UPM's decision underscores the park's competitive edge, despite needing to verify the project's profitability.

Revenue and Services

Energy Management and Energy Trading generated EUR 530 million, nearly two-thirds of Infraserv Höchst's total revenue of EUR 866.1 million. The Site Services segment also posted impressive gains, with Facilities Services expanding to new locations, including the Merck campus in Darmstadt and a site in Penzberg, Bavaria. The environmental team and other subsidiaries like Provadis Group and Infraserv Logistics also reported increased revenue.

New Subsidiary's Progress

Infraserv Höchst Prozesstechnik GmbH, operational since the start of the year, focuses on Asset Management & Engineering, Reliability Management, Pumps and Drives, and Process Analyzers. The subsidiary provides consulting services to improve equipment availability and has already attracted interest from firms across the Rhine-Main Region.