DACH Chemical Producers Plan $8 Billion in Capex

Researched by Industrial Info Resources (Sugar Land, Texas)--The DACH region's (Germany, Switzerland and Austria) chemical producers are ready to invest more than US$8 billion for more than 260 capital-spending projects. The projects include unit additions, capacity expansions, upgrades and grassroot, optimization and modernization projects.

Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a list of detailed project reports.

Major investments are from companies such as PCC Integrated Chemistries GmbH (Duisberg, North Rhine-Westfalia, Germany), H2 Lubmin GmbH (Lubmin), Wacker Chemie AG (Munich), BASF SE (Ludwigshafen), Covestro AG (Leverkusen), TOPAS Advanced Polymers GmbH (Frankfurt, Germany) and First Ammonia GmbH (Frankfurt).

PCC Integrated Chemistries GmbH is investing around US$250 million to construct a grassroot ethylene oxide complex in Niederkassel, North Rhine-Westphalia, Germany, which is planned to be on stream by 2025. H2 Lubmin GmbH is investing around US$203 million to build a 100-megawatt green hydrogen complex in Lubmin. Click here for the detailed project reports and here for the plant profiles.

Other investments are in the products ethylene oxide, toluene diisocyanate (TDI) or cyclic olefin copolymer (COC), whose global demand is increasing day by day. Other investments are visible in Power-to-X, and in the reduction of carbon emissions in the production process, as the DACH region aims to become greenhouse gas-neutral by 2050.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).