Domo Chemicals Finalizes Succesful Expansion Investments With Start-up of a new Ammonium Sulfate Storage Facility in Leuna (Germany)

GHENT, Belgium, March 5, 2010 /PRNewswire/ --

- Domo Caproleuna GmbH, subsidiary of DOMO Chemicals, celebrates in Leuna (Saxony-Anhalt, Germany) the successful start-up of a new Ammonium Sulfate storage facility (investment of 30 million euro) with a capacity of 80.000 tons in the presence of the Minister of Economic Affairs of Saxony-Anhalt, Dr. Haseloff, and Domo Chemicals' Chairman of the Board of Directors, Mr.Jan De Clerck.

Despite the difficult global market circumstances, DOMO(R) Chemicals has further strengthened its competitiveness through the successful finalization of the expansion investments during 2008 and 2009, amounting to 50 million euro, in its caprolactam and nylon plant in Leuna.

On top of the 20 million euro of investments in 10 % capacity growth, a significant part, 30 million euro, has been invested in a new high-tech storage and handling facility for ammonium sulfate, an important byproduct of caprolactam.

About DOMO(R) Chemicals

DOMO(R) CHEMICALS, with headquarters in Ghent-Zwijnaarde (Belgium) and production sites in Gent-Zwijnaarde, Leuna and Premnitz (Germany), is a competitive player in the field of nylon, caprolactam, fertilizers and polypropylene. DOMO Chemicals has a total global turnover of ca. 600 million euro and employs 640 people. Its core product caprolactam is the basis raw material for high-grade plastics in various applications worldwide (textiles, electronic and automotive parts, packaging films).

SOURCE Domo Chemicals nv