19 hours ago
Solvay & Peróxidos JV enhances Chile production capabilities
Peróxidos do Brasil, a joint venture between Solvay and Produtos Químicos Makay (PQM), announces a new strategic investment in its production unit in Chile, reaffirming its commitment to excellence in supply for customers across various markets in South America. Located in the Coronel Industrial Park, in the BioBío region, Peróxidos' plant in Chile is the only industrial unit for hydrogen peroxide production on the Pacific Coast.
USD 12 million will be invested for the installation of a section that will allow for increased competitiveness through the expansion of the product portfolio manufactured at this unit and serving all segments of the Andean market. This strategic initiative reinforces Peróxidos' commitment to sustainability, contributing to the progressive reduction of CO2 emissions in the production process. With the permitting fully completed and approved, construction will begin in the second half of this year and is expected to be finalized in 2026.
Peróxidos do Brasil, a Solvayâ€'PQM joint venture, will invest $12 million in its Chilean hydrogen peroxide plant to expand its product portfolio and boost competitiveness in the Andean market. The project, starting in late 2025 and completing in 2026, supports sustainability by reducing CO2 emissions and reinforces the company's commitment to innovative, eco-friendly solutions.
This investment in the Coronel plant reflects Peróxidos' continuous and long-term commitment to bringing more innovative, sustainable and competitive solutions to the South American market and our mission to remain the preferred partner for our customers," comments Guilherme Silva, CEO of Peróxidos do Brasil.
Given its versatility and oxidizing properties, hydrogen peroxide (H2O2) is an essential input for a wide range of markets, such as the pulp and paper, aquaculture, electronics, packaging and mining sectors. It stands out as an inherently sustainable product due to its molecular structure and environmentally compatible decomposition. When it breaks down, it forms water (H2O) and oxygen (O2) elements that naturally reintegrate the environment without generating residues or byproducts. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (RM)
