Kazincbarcika, Hungary -- Isocyanates producer BorsodChem Zrt has signed an agreement with Donau Chemie AG to set up a facility for water-treatment chemicals at its site in Kazincbarcika. The facility will use hydrochloric acid (HCl), a by-product of BorsodChem's isocyanates production.
Donau Chemie will make an initial investment of Euro 6 million to establish the facility to make the water-treatment chemicals, which will create about 20 new jobs. As part of the agreement, Donau Chemie will also handle and distribute the increased volumes of HCl which BorsodChem will produce with the start-up of its new TDI plant.
BorsodChem selected Donau for the long-term handling of its HCl in an international competitive tender initiated in 2010.
The plant will be in operation at the end of 2012 and will create about 20 new jobs. Donau Chemie is also committed to supply chlorine to BorsodChem in case of any shortfalls.
The agreement is "of great importance for BorsodChem to secure a stable operation of its enlarged production facilities. In Donau Chemie we have found a partner who has broad experience in the production of water-treatment chemicals as well as in the distribution of HCl. The new water treatment chemicals investment at Kazincbarcika will create new jobs in an area of high structural unemployment" commented Wolfgang Büchele, ceo of BorsodChem, in a company statement.
Franz Geiger, ceo of Donau Chemie added "Our extensive experience in an oversupplied HCl market in Central and Eastern Europe ensures that we will fully perform according to BorsodChem's expectations. Our investment into water-treatment chemicals in Kazincbarcika will help municipalities in Hungary as well as in neighbouring countries to comply with the ever increasing environmental regulations regarding the treatment of waste water."