Soda ash producer Solvay said it will hike the competitiveness of its soda ash factory in Devnya - Bulgaria, by improving its energy efficiency.
This program is part of its efforts initiated last year and which is on track to deliver its €100 million cost-improvement target by the end of 2015.
At the Devnya plant, which is Solvay’s biggest synthetic soda ash production plant in Europe, a new high-tech steam boiler will be installed, whose energy efficiency will reduce CO2 emissions and increase the site’s environmental performance.
“This investment shows Solvay’s commitment to this business,” said Christophe Clemente, President of Solvay Soda Ash & Derivatives Global Business Unit.
He added, “Our breakthrough actions, including energy efficiency measures, and our goal to increase profitability of our soda ash business will ensure the security and quality of supply to our customers over the long-term.”
Solvay said through its competitiveness plan, it aims to re-affirm its position as one of the leaders in the business, optimizing its European synthetic soda ash production while at the same time reinforcing its trona assets in the United States. (AR)
Fibre2fashion News Desk - India