Palsgaard invests €100m in Danish facility to boost production capacity
Emulsifier manufacturer Palsgaard has invested 750 million Danish kroner (US$113.2 million) to more than double production capacity at its Danish facility by 2024.
A new spray cooling tower will add a minimum additional 30,000 tonnes to the company’s spray capacity, and is expected to be fully operational by Q1 2023. This facility will be supported by the construction of multiple new reaction, distillation, and esterification plants.
The expansion further adds to the recently installed emulsifier pellet line with a capacity of 10,000 tonnes which is currently being commissioned.
Jakob Thøisen, CEO of Palsgaard, commented: “By 2024, we will be able to double our current production capacity – something which took over a century to reach. It is the result of a decade of significant global growth for our business.”
The company achieved CO2-neutral production across its global facilities last year. In line with its commitment to sustainability, the new production capacity will not compromise the company’s CO2-neutral status.
“We have a number of new initiatives, including establishing a solar park and a biogas facility, which will provide the necessary power and waste management infrastructure to enable the new production capacity to also be carbon neutral. This aspect was a very important consideration in the planning process for the new investment,” Thøisen concluded.