DOMO Chemicals signs agreement to acquire Solvay’s Performance Polyamides Business in Europe

Deal includes Engineering Plastics operations in France and Poland; High Performance Fibers in France; Polymer and Intermediates operations in France, Spain & Poland  |  Read More

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  • Luc De Raedt (General Manager DOMO Caproleuna GmbH) and Dr. Willi Frantz (General Manager TOTAL Raffinerie Mitteldeutschland GmbH) seal the 60-millions joint project with a handshake.Luc De Raedt (General Manager DOMO Caproleuna GmbH) and Dr. Willi Frantz (General Manager TOTAL Raffinerie Mitteldeutschland GmbH) seal the 60-millions joint project with a handshake.
  • Luc De Raedt (General Manager DOMO Caproleuna GmbH) stresses the advantages of the joint project.Luc De Raedt (General Manager DOMO Caproleuna GmbH) stresses the advantages of the joint project.
  • Luc De Raedt (General Manager DOMO Caproleuna GmbH) and Dr. Willi Frantz (General Manager TOTAL Raffinerie Mitteldeutschland GmbH) at the press talk.Luc De Raedt (General Manager DOMO Caproleuna GmbH) and Dr. Willi Frantz (General Manager TOTAL Raffinerie Mitteldeutschland GmbH) at the press talk.
  • Since 1994 DOMO Chemicals has been part of the Leuna Chemical site.Since 1994 DOMO Chemicals has been part of the Leuna Chemical site.

Investment: joint project strengthens the chemical site of Leuna

“Our deepened cooperation does not only strengthen us, but also the Leuna chemical site. This and other investments are opening up a new chapter in our longstanding history“, emphasizes the refinery’s Managing Director Dr. Willi Frantz. The new structure allows TOTAL to provide for an even better regional feedstock integration. “Moreover, this further development is to be considered our reaction on the long-term decline in the European demand of gasoline, as we are adapting our yield patterns respectively”, Frantz adds with regard to the strategic orientation of the refinery.

For DOMO, decisive advantages result from an intensified cooperation with TOTAL. “This investment ensures our long-term access to a strategic feedstock for our integrated polyamide 6 production sequence”, says Luc De Raedt, Managing Director of DOMO Caproleuna GmbH. DOMO and the TOTAL Raffinerie have been closely working together for years. The refinery is already supplying propylene, an important raw material of caprolactam and polyamide 6 production. Among other applications, polyamide 6 serves to manufacture packaging films in food and pharmaceutical industries and is used for injection moulding in the automotive sector as well as spinning of textiles.

“TOTAL’s and DOMO’s investment represents an important step to further consolidate our networking at our Leuna chemical site. This project impressively demonstrates how potential synergies are successfully developed in Leuna, in close and trustful cooperation across corporate boundaries. I am especially pleased that, in the 100th year of Leuna’s existence, DOMO and TOTAL, key customers of InfraLeuna, send out this strong positive signal for the future of this chemical site”, says Dr. Christof Günther, Managing Director of InfraLeuna GmbH.

 

About DOMO Chemicals:
DOMO Chemicals is a leading chemical company with its headquarters in Leuna (Germany) and an annual turnover of 1 bn. US Dollars, employing 900 people at its production sites in Germany, Italy, China and the U.S.A. DOMO Chemicals is an integrated caprolactam and polyamide 6 specialist, a worldwide active group in the fields of polyamide 6 intermediates (including caprolactam, cyclohexanone, phenol, acetone), polyamide 6 granulates, engineering plastics of polyamide 6, fertilizers and flexible packaging films of polyamide 6 as well as in the distribution of petrochemical products. Find further information under: www.domochemicals.com

About TOTAL Raffinerie Mitteldeutschland GmbH:
TOTAL Raffinerie Mitteldeutschland GmbH is one of the most modern refineries in Europe. It has a maximum processing capacity of twelve million tons of crude oil per year. Apart from petrol, diesel and fuel oil, its product range comprises, among others, liquefied petroleum gas, straight-run gasoline, aviation fuel, bitumen and methanol. The company covers the need of approx. 1,300 filling stations throughout Central Germany. The refinery has approx. 630 employees. The Total group is a petroleum products company acting worldwide. It operates the fourth largest service station network in Germany. With regard to the sales of diverse products, Total is one of the leading providers within the German mineral oil market. For further information, see: www.total-raffinerie.de

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