The expansion adds to the recently installed emulsifier pellet line with a capacity of 10,000 tonnes, which is currently being commissioned.
The capital will be used to construct multiple new reaction, distillation and esterification plants. A new spray cooling tower – which will add a minimum additional 30,000 tonnes to the facility’s spray capacity – is expected to be fully operational by first quarter of 2023.
“This project is another major milestone in our development,” said Jakob Thøisen, Palsgaard’s CEO.
“By 2024 we will be able to double our current production capacity – something which took over a century to reach. It is the result of a decade of significant global growth for our business.”
“[Sustainability] was a very important consideration in the planning process for the new investment”
- Jakob Thøisen, CEO, Palsgaard
The upgrade to the Jeulsminde facility falls within Palsgaard’s commitment to sustainability. In 2019, the company became the first global emulsifier producer to achieve CO2-neutral production across its global facilities.
“We have a number of new initiatives, including establishing a solar park and a biogas facility, which will provide the necessary power and waste management infrastructure to enable the new production capacity to also be carbon neutral,” added Thøisen.
“This aspect was a very important consideration in the planning process for the new investment.”