# SNF to invest EUR 70M in Andrézieux-Bouthéon plant

SNF, the world leader in water-soluble polymers, plans to invest nearly EUR 70 million in its Andrézieux-Bouthéon plant in 2024. The investment includes a new 3,000 sq. m. building for mining applications and a large heat pump to replace boilers.

- Type: Investment
- Announced: 2024-03-19
- Where: Andrézieux-Bouthéon, Loire, France
- Value: $75.6M (70.0M EUR)
- Status: announced
- Products: water-soluble polymers for water treatment, oil and gas extraction, mining, paper manufacturing
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [SNF Group](https://endata.com/companies/41482.md)

## Sources

- [leprogres.fr](https://www.leprogres.fr/economie/2024/03/18/snf-va-encore-investir-70-millions-d-euros-sur-son-site-d-andrezieux), 2024-03-19: "Cette année, c’est un chèque de près de 70 millions d’euros que l’entreprise devrait signer pour renforcer et adapter son outil de production ligérien."
- [lejournaldesentreprises.com](https://www.lejournaldesentreprises.com/article/nos-investissements-sont-faits-pour-croitre-dau-moins-10-par-2094446), 2024-04-22: "Nous allons investir 70 millions à nouveau sur Andrézieux dans l'idée de nous concentrer sur des produits à plus forte valeur ajoutée."

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