# AGRANA invests €23M to expand technical starch capacity at Gmünd

AGRANA is starting construction of an additional drum drying plant at its potato starch mill in Gmünd, Austria, with an investment of €23 million. The expansion will increase production capacity of technical starches by a third and is expected to be completed in July 2025.

- Type: Expansion
- Announced: 2023-05-11
- Where: Gmünd, Lower Austria, Austria
- Value: $25.0M (23.0M EUR)
- Starts operating: Jul 2025
- Status: under construction
- Capacity: increase production capacity of technical starches by a third
- Products: technical special starches for construction and adhesive sectors
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [AGRANA Beteiligungs-Aktiengesellschaft](https://endata.com/companies/70218.md)

## Sources

- [webdisclosure.com](https://www.webdisclosure.com/press-release/agrana-beteiligungs-aktiengesellschaft-etr-agrana-expands-production-capacity-for-technical-starches-and-invests-23-million-at-gmund-site-jiWdwgloZ1y), 2023-05-11: "With an investment volume of € 23 million, AGRANA aims to boost the production of technical special starches for the construction and adhesive sectors."

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