Clariant to Close Bioethanol Plant in Romania

Biofuels Division Takes Hit Clariant to Close Bioethanol Plant in Romania

2023-12-07 Source: Clariant 1 min Reading Time

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Speciality chemicals company Clariant is going to shut its Sunliquid bioethanol production plant in Podari, Romania. This decision comes after strategic evaluations revealed that the plant, which started producing bioethanol in 2022, did not meet operational targets and continued to incur losses.

Clariant announced its decision to shut its Sunliquid bioethanol production plant in Podari, Romania.(Source: Clariant) — Clariant announced its decision to shut its Sunliquid bioethanol production plant in Podari, Romania.
(Source: Clariant)

The Board of Directors of Clariant has decided to close its bioethanol plant in Podari, Romania, and to downsize related activities of the business line Biofuels & Derivatives in Germany (Straubing, Planegg and Munich). After developing the Sunliquid technology, the company had taken the decision in 2017 to establish its own commercial Sunliquid plant in Podari, which began producing bioethanol in the second quarter of 2022. In July 2023, Clariant started a strategic evaluation of the options for the plant after it became clear that the plant did not achieve the targeted operational parameters.

The group’s management has concluded that, given continued losses, the economics of the plant in Podari could not justify for Clariant to continue ramp up which would require significant additional capital expenditure. Following this announcement, activities within the business line Biofuels & Derivatives that supported the development and ramp-up of the plant will be downsized. Required capabilities to maintain the technology and to fulfill existing contractual obligations will be kept.

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