Weimar company Ibu-tec is investing millions in the Bitterfeld-Wolfen chemical park

Chemiepark Bitterfeld-Wolfen GmbH (CPG) can announce the settling of a new company on the park.

The contracts were signed with IBU-tec advanced materials AG just a few days ago, which include the sale of a building to develop the new IBU-tec production site and the adjoining land. IBU-tec is mainly planning to produce raw materials for battery materials and chemical catalysts for customers at the new Bitterfeld location using the tried and tested technology platform consisting of rotary kilns and pulsation reactors. The Bitterfeld chemical park offers the special infrastructure of a chemical area that is required for specific substance groups and which IBU-tec partly does not have at its main plant in Weimar. The location is to be commissioned and production will begin during the course of this year.

“We are really delighted about the successful settlement of a successful SME speciality chemicals company like IBU-tec,” says Patrice Heine, one of two Managing Directors at CPG: “The Bitterfeld-Wolfen chemical park provides the infrastructure that is necessary for world-class industrial production. At the same time, we make it possible for every company to put together tailor-made solutions thanks to our open chemical park and the many service providers specialising in the chemical industry. As a result, the companies can concentrate on what they do best: chemistry.”

“IBU-tec is a perfect fit with our location profile with its new production site and focus on battery materials and chemical catalysts. Besides famous names like Bayer, AkzoNobel, Evonik and Heraeus, there is also a whole range of SME companies at our chemical park who have success in their niches on the global market. Thanks to the settlement of IBU-tec, we will be able to position ourselves as a location with an even greater presence in the cleantech sector,” adds Dr. Michael Polk, also Managing Director at CPG. “Alongside the catalyst business, we are currently sensing a lot of momentum in the energy storage segment, be it with new battery materials, as with IBU-tec or, for example, porous materials for capacitors. As a result, we are profiting from the growth of global megatrends such as electromobility and stationary energy storage.”

Source: www.chemiepark.de