Bayer CropScience, Evonik invest more than $200 million in US

Bayer CropScience, Evonik to invest more than $200 million in US

6:45 AM, 9th July 2015
Bayer CropScience, Evonik to invest more than $200 million in US

MOBILE, US: Bayer CropScience AG said in partnership with Evonik Industries AG it plans to invest more than $200 million, to construct two chemical manufacturing units in Mobile area. The units will produce precursor materials for use in the production of liberty herbicide, a key component in Bayer’s libertylink weed management technology.

Construction of the two production units will take approximately two years to complete, with the start-up of production beginning in mid-2017, Evonik said.

Located in the Evonik manufacturing facility in Theodore industrial park in Mobile county, the production unit will see Evonik constructing one of the units and Bayer the other, with the resulting intermediate from the combined manufacturing being used in the production of liberty.

“The project we are announcing today is in line with our global commitment to sustainable agriculture,” said Michael van Nooy, head, global active ingredient operations, Bayer CropScience.

“The new investment in Mobile allows us to continue supporting and accompanying the growth course we’ve experienced in recent years with Bayer CropScience,” said Caspar Gammelin, head, performance materials segment, Evonik.

Globally, Bayer is in the process of doubling its liberty herbicide production capacity. “In expanding our production of Liberty, we are responding to urgent calls by farmers and agronomists for an alternative weed control technology to help combat the rising problem of weed resistance,” said John Smith, who leads key account management, Bayer CropScience’s commercial operations. Canola, corn, cotton and soybeans are the crops benefiting from this technology.

The new units together will employ approximately 50 people once production begins, said Jim Covington, head, operations in Mobile, Bayer CropScience.

© Worldofchemicals News

0 Comments

Login

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


Linde to install world’s largest on-site fluorine plant in South Korea

SAN FRANCISCO, US: Linde Electronics and Specialty Gases, affiliate of Linde North America, member of Linde Group, said it will install a new on-site ...

Read more
Former Yara CEO and executives sentenced to prison in corruption case

OSLO, NORWAY: A Norwegian court sentenced four former top executives at Yara International ASA, the world’s biggest nitrate fertiliser make ...

Read more
Nanogate acquires 100 percent stake in subsidiary GFO

GOTTELBORN, GERMANY: As previously announced, Nanogate AG said it has acquired a 100 percent stake in its subsidiary GfO AG as part of its growth stra ...

Read more
Ferro completes acquisition of inorganic pigments maker Nubiola

CLEVELAND, US: Ferro Corporation said that it has completed the acquisition of Nubiola Pigmentos on a cash-free and debt-free basis for €149 mill ...

Read more
Metal encapsulation optimizes chemical reactions

DRESDEN, GERMANY: The chemical industry consumes millions of tonne of packing materials as catalytic support media or adsorbents in fixed-bed reactors ...

Read more
Bio-inspired catalyst paves the way to ‘gas-to-liquid’-technologies

MUNCHEN, GERMANY: A new bio-inspired zeolite catalyst, developed by an international team with researchers from Technische Universitat Munchen (TUM), ...

Read more