# Synthopol Chemie invests €20M in new synthetic resin production plant

Synthopol Chemie invested around €20 million in a new production plant for synthetic resins at its Buxtehude site, including a new six-story hall. The new plant started production on 30 January 2017 and can produce 8,000 to 10,000 tonnes per year.

- Type: Expansion
- Announced: 2017-03-30
- Where: Buxtehude, Germany
- Value: $21.4M (20.0M EUR)
- Starts operating: 30 Jan 2017
- Status: completed
- Capacity: 8000 to 10000 tonnes per year
- Products: synthetic resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Synthopol Chemie](https://endata.com/companies/23200.md)

## Sources

- [tageblatt.de](https://www.tageblatt.de/Nachrichten/Synthopol-Chemie-investiert-20-Millionen-Euro-230656.html), 2017-03-30: "Rund 20 Millionen Euro hat das mittelständische Unternehmen am Alten Postweg in Buxtehude unter anderem in eine neue Produktionsanlage für Kunstharze investiert."
- [kreiszeitung-wochenblatt.de](https://www.kreiszeitung-wochenblatt.de/buxtehude/c-wirtschaft/buxtehuder-unternehmen-startet-mit-kessel-30-in-die-zukunft_a91244), 2017-03-31: "Die Herstellung von weit mehr als 100.000 Tonnen Kunstharz pro Jahr will 'Synthopol Chemie' erreichen, dafür soll vor allem 'Kessel 30', die neue Anlage in Halle 16, sorgen."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.