Verbio commences construction of the world’s first large-scale ethenolysis plant using rapeseed oil methyl ester at its Bitterfeld location. The plant will be able to manufacture large quantities of bio-based speciality chemicals for use in detergents and cleaning agents, high‑performance lubricants for engines, or plastics. In doing so Verbio is helping the chemical industry make the transfer from fossil-based to renewable raw materials.
As per the press release, to finance the plant, Verbio is receiving funding from the joint Federal Government/Länder regional development scheme (Gemeinschaftsaufgabe regionale Wirtschaftsförderung – GRW) for particularly environmentally friendly and innovative technologies.
Theodor Niesmann, Chief Technology Officer of Verbio SE said, “In total Verbio is investing in the range of EUR 80 million to EUR 100 million in the new ethenolysis plant here in the Bitterfeld location. We are pleased that Saxony-Anhalt recognises the value of the project with its support provided under the GRW joint Federal Government/Länder regional development scheme for particularly environmentally-friendly and innovative technologies”.
