Page 164 - CW E-Magazine (4-2-2025)

News from Abroad

PARTNERSHIP
Evonik-Fuhua Joint Venture to produce speciality

grades of hydrogen peroxide in China

German chemicals firm, Evonik,
and China’s Fuhua Tongda Chemicals
Company have established a joint
venture in Leshan, Sichuan Province, to
produce and market hydrogen peroxide
(H O ) in China.
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The new company, Evonik Fuhua
New Materials (Sichuan) Co. Ltd., has
Evonik as a 51% shareholder with the
other 49% held by Fuhua. Supplied by
Fuhua’s industrial-grade H O , the joint
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venture will produce speciality-grade
H O for applications such as solar
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panels, semiconductors, cosmetics and
food packaging. The first production
volumes are expected to enter the
market in the first half of 2026.
peroxide megaplant. This plant will as a bleaching, disinfection, and oxi-
The collaboration combines Evonik’s supply the new joint venture with H O dising agent in cosmetics and pharma-
peroxide expertise with Fuhua’s for further purification. 2 2 ceuticals. Or it can act as a sterilant in
access to local infrastructure and net- aseptic packaging in order to extend the
works in China. The new company Specialty H O grades can be used shelf-life of food and beverages. And
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follows on a license agreement signed by in a wide variety of future-facing ap- because H O breaks down into only
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the partners in November 2023, wherein plications. For example, it is a crucial water and oxygen, it leaves minimal
Evonik licensed its H O technology ingredient in the production of photo- residues as compared with some chemi-
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to Fuhua to build a 200-ktpa hydrogen voltaic cells for solar energy. It is used cal alternatives.
Brazil Potash inks offtake deal with Keytrade
Brazil Potash Corp., a company dates our strategic position in Brazil world’s largest undeveloped potash
constructing the largest potash fertiliser as a potential premier domestic potash basins in its own backyard. The pot-
project in Brazil, has announced the supplier,” said Mr. Adriano Espeschit, ash produced at the Autazes Potash
signing of a memorandum of under- President of Brazil Potash. “Combined Project will be transported primarily
standing (MoU) between Potássio do with our existing offtake agreement using low-cost river barges on an
Brasil Ltd., a wholly-owned subsidiary with Amaggi, we have now secured inland river system in partnership
of the company, and Keytrade, a leading potential commitments for approximately with Amaggi, one of the largest farmers
Swiss fertiliser trading firm, for poten- 1.5-mt of our planned 2.4-mt of annual and logistical operators of agricul-
tial offtake of up to 1-mtpa of potash potash production, providing strong tural products in Brazil. With initial
from the company’s Autazes Potash foundational support for project finan- planned annual potash production of
Project. cing.” 2.4-mt, Brazil Potash’s management
believes it could potentially supply
“This MoU with Keytrade repre- Brazil imports over 95% of its approximately 17% of the growing
sents another important step towards potash fertiliser despite having potash demand in Brazil with future
Brazil Potash’s development and vali- what is anticipated to be one of the plans to double output.

164 Chemical Weekly February 4, 2025

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