Palsgaard, a manufacturer of emulsifiers for the food and beverage industry, is investing €100 million to more than double production capacity at its Danish facility.
A new spray cooling tower will add a minimum additional 30,000 tonnes to the company’s spray capacity and will be fully operational by first quarter 2023.
This facility will be supported by the construction of multiple new reaction, distillation, and esterification plants.
The expansion adds to the recently installed emulsifier pellet line with a capacity of 10,000 tonnes which is currently being commissioned.
“This project is another major milestone in our development,” said CEO Jakob Thøisen.
“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.”
He added: “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.”
The expansion programme is expected to be finished by 2024.