Râmnicu Vâlcea, Romania – Chimcomplex has invested €40 million, of a €101 million project cost, on a new speciality polyols production plant. Opened last week, the plant in the Râmnicu Vâlcea region will increase production capacity to more than 187 kT per year.
The company says this is the largest ever investment of Romanian capital in the country’s chemical industry. It estimates that Romania will account for almost 9% of all European polyol production, lifting Chimcomplex to sixth place among European polyol producers.
The polyols installation, part of the company’s Oltchim plant, is designed to be energy efficient, ready for digitalisation, and have measures in place for the sustainable disposal of manufacturing waste. The company estimates the total production could support the annual manufacture of 1.75m mattresses measuring 2m by 2m.
Chimcomplex’s new polyols plant will produce bio-polyols, including 100% vegetable polyols made from castor oil, and fireproof polyols used in the construction of rigid foams.
Victor Avram, CEO of Chimcomplex, said: ‘Our facility is one of the most modern in Europe and around the world, and 400 specialists have worked on this project at different stages. The installation concept integrates polyol production with the design, which we create together with the customers, adapting the formula according to their needs.’