Kemira GrowHow and Thermphos establish Crystalis, a joint venture company for the production of Purified Phosphoric Acid in Finland
Kemira GrowHow Oy and Thermphos Trading GmbH, 100 % owned by Thermphos International B.V., have set up a joint venture company, Crystalis Oy, to produce Purified Phosphoric Acid (PPA). The company will be located at Kemira GrowHow’s site in Siilinjärvi, Finland.
Thermphos will use the PPA as a raw material to produce food and technical grade phosphates. Crystalis Oy's production facility will be integrated into Kemira GrowHow's Siilinjärvi operations and the new company will use Thermphos' and Kemira GrowHow's proprietary production technology. The basic raw material for purified phosphoric acid is phosphoric acid produced at Siilinjärvi. Hence production process is closely integrated into existing operations at Siilinjärvi, resulting in competitive cost structure.
Crystalis Oy has started building its production facilities in Siilinjärvi, Finland and will start operations in the fourth quarter of 2008. The planned production of PPA is 30.000 tons P2O5 per year.
“The joint venture combines Thermphos’ expertise of the specialty phosphates industry with Kemira GrowHow’s strengths in supply of the key raw materials, efficient operations and logistical capabilities. Furthermore, it gives Kemira GrowHow a possibility to add value for Siilinjärvi’s phosphoric acid and transform our long-term customer relationship with Thermphos into a partnership,” comments Antti Orkola, President of the Industrial Solutions at Kemira GrowHow.
“The incorporation of Crystalis will further consolidate both Thermphos’ raw material basis and its long-term competitiveness,” says Carlos Galeano, Director of Thermphos.
For additional information please contact:
| Kemira GrowHow: |
Thermphos International: |
Mr. Antti Orkola
President, Industrial Solutions
Tel: +358 10 215 2508 |
Mr. Carlos Galeano
Director
Tel: +31 113 689 510 |
| |
|
Mr. Michael Christensson
Senior Vice President, Business Unit Phosphates
Tel: +46 42 171 472 |
Mr. Henk Capello
Director
Tel: +31 113 689 515 |