After a six-month interruption, construction work on the new hydrogenation plant at Haltermann Carless's production site in Speyer will continue. The plant is scheduled for completion in Q4 2021.
Frankfurt a. M., October 1, 2020 - Haltermann Carless, a company of HCS Group and a leading supplier of high-value hydrocarbon solutions, is resuming construction work on the new hydrogenation plant at the German production site in Speyer. Due to the COVID-19 pandemic, the company interrupted this project in April. Now the mechanical completion of the hydrogenation plant is scheduled for the fourth quarter of 2021.
"We are pleased to continue the construction of our hydrogenation plant. The hydrogenation plant is a very important building block for our future. It opens up new opportunities in the sourcing of raw materials and in the adjustment of product qualities, which contributes to the strategic stability of our business and thus to maintaining our competitiveness on the international market," says Henrik Krüpper, CEO of HCS Group. He adds: "Furthermore, the new technology allows us to consequently implement the topic of sustainability. We will be able to meet the significantly increased demand of various industries from aviation to cosmetics for solutions based on renewable raw materials with new product types."
Hydrogenation plant - an investment for the future
The hydrogenation plant is the largest investment in the recent history of the company. In addition to the processing of a wider variety of raw materials, it offers the opportunity to produce new types of products as well as products with a very high purity, as required by the pharmaceutical industry, for example.
Strict safety concept on the construction site
In order to protect the contractors and own employees from COVID-19, Haltermann Carless will commence construction activities from the end of October 2020, in compliance with a stringent work safety and hygiene concept.
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Delivery of a tank at the hydrogenation plan in Speyer in February 2020. © HCS Group
About Haltermann Carless
Haltermann Carless, one of the oldest chemical companies in the world, provides innovative hydrocarbon-based specialty products and solvents and associated services to best serve its customers. The company operates a network of state of the art facilities for refining, processing and blending to produce a wide variety of specialty products in key business areas: Automotive, Middle Distillates, Oil & Gas, Pentanes, Performance Fuels, Performance Solvents and Special Aromatics. Haltermann Carless is a brand of HCS Group. More information: www.haltermann-carless.com
About HCS Group
HCS Group is a leading international supplier of solutions for high-value hydrocarbon specialties. The Group includes the brands Haltermann Carless, ETS Racing Fuels and EOS. HCS Group has about 500 employees and is headquartered in Frankfurt am Main, Germany. The company belongs to H.I.G. Europe, a subsidiary of the US private equity company H.I.G. Capital. More information: www.h-c-s-group.com
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HCS Group GmbH
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