# Rütgers to invest €60 million in new production plant in Castrop-Rauxel

Rütgers, part of Rain Carbon, plans to build a production plant in Castrop-Rauxel, Germany, to produce water-clear resins from waste materials. The €60 million investment is expected to create up to 75 jobs and produce 50,000 tons of resins annually.

- Type: Investment
- Announced: 2018-03-07
- Where: Castrop-Rauxel, Germany
- Value: $74.0M (60.0M EUR)
- Jobs: 75
- Status: announced
- Capacity: 50,000 tons per year
- Products: water-clear resins
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Rütgers](https://endata.com/companies/30533.md)
- [Rain Carbon Inc.](https://endata.com/companies/24256.md) (partner)

## Sources

- [lokalkompass.de](https://www.lokalkompass.de/castrop-rauxel/c-ueberregionales/ruetgers-investiert-60-millionen-euro-in-neue-produktionsanlage_a833343), 2018-03-07: "Rütgers will grün werden. Das Chemieunternehmen plant den Bau einer Produktionsanlage, in der wasserklare Harze aus Abfallstoffen hergestellt werden."

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