Solvay acquires Fluorspar mine in Bulgaria

5:22 PM, 9th June 2011
Solvay acquires Fluorspar mine in Bulgaria
Solvay corporate headquarters in Belgium.

Mine in Europe complements Fluorspar sourcing for future developments.


BRUSSELS, BELGIUM: Solvay has acquired a fluorspar mine in Chiprovtsi, Bulgaria from the N&N Group. This strategic acquisition reinforces the vertical integration of Solvay’s high added-value fluorinated specialty polymers and fluorinated special chemicals production at a competitive cost.


The mine has currently 107 employees working in the mining and production activities near Chiprovtsi, not far from the Serbian border. The intention is to increase the production to at least 50,000 tons per year of acid grade fluorspar by the end of 2011. Fluorspar is the key raw material for hydrofluoric acid and used downstream to produce fluorinated chemicals and polymers. This acquisition will add supplementary reserves to those already provided by the fluorspar mine in Okorusu (Namibia).


“Solvay extends and secures the sourcing possibilities for future developments of fluorinated chemicals and polymers with this strategic investment. Solvay adds a new own raw material basis for future business expansion in downstream fluorine specialty markets where we see a continuing strong growth, especially in Asia,” said Bernd Wilkes, Senior Executive VP, Strategic Business Unit Fluor, Solvay.

(C) WOC News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

DuPont Teijin Films consolidates PET film production

TOKYO, JAPAN: Teijin Ltd announced that is has completed the restructuring of DuPont Teijin Films, of its US and European operations that started in ...

Read more
DSM, Roquette to start bio-based succinic acid plant in Italy

HEERLEN, THE NETHERLANDS: Royal DSM and Roquette Frères will jointly build a commercial scale plant for the production of bio-based succinic ac ...

Read more
EU chemicals recovery forges ahead, production up 4.2 per cent in November

BRUSSELS, BELGIUM: EU chemicals production pushed further upwards in November, increasing 4.2 per cent compared with November 2009, according to the l ...

Read more
Burel selects Univation’s PE process for Malaysia plant

  MANAMA, BAHRAIN: Burel Industries selected Univation Technologies’ UNIPOL PE process for two polyethylene production lines with a combin ...

Read more
DuPont awards TiO2 expansion contract to Jacobs Engineering

  PASADENA, US: Jacobs Engineering Group Inc has received a contract from DuPont Titanium Technologies (DuPont) to provide full engineering proc ...

Read more
DSM and Sinopec joint venture to build composite resins facility in China

HEERLEN, THE NETHERLANDS: Royal DSM recently announced that its joint venture Jinling DSM Resins Co, Ltd (JDR) will invest approximately € 50 m ...

Read more
Copyright © 2014. Kimberlite Softwares Pvt. Ltd., India. All rights reserved.
World of Chemicals.