SOURCE: Cremer Oleo GmbH & Co. KG

CREMER OLEO GmbH & Co. KG

October 05, 2012 04:46 ET

CREMER OLEO: An Investment in the Future

New Production Plants at Prignitzer Chemie in Wittenberge

HAMBURG, GERMANY--(Marketwire - Oct 5, 2012) - After a three-year conception and construction phase, Prignitzer Chemie celebrated the official start-up of its new ester plant on 25 September 2012. The inauguration represents the crowning point so far of a consistent development that began more than 20 years ago with the establishment of Prignitzer Chemie. After the expansion of the fatty acid distillation with the splitting tower, a worldwide unique production of high-quality MCT oils in highly efficient mono lines was built up in two steps in 2006 and 2010. With an investment of 25 million euros, Prignitzer Chemie is complementing its ester production with three new production lines at once. The heart of the new ester plant is the multi-stage molecular distillation for the production of ultra pure monoglyceride for use in pharmaceutical products, cosmetics and foodstuffs. This will create a large number of jobs in the production area as well as in research and development.

The official start-up was accompanied by Ralf Christoffers, Minister of Economic and European Affairs of the Federal State of Brandenburg, and the Mayor of Wittenberge, Dr. Oliver Hermann.

Prignitzer Chemie is part of the Hamburg company CREMER OLEO, which has made a name for itself all over the world with its brands "Cremer Care," "Cremer Health" and "Cremer Nutrition" as a reliable supplier of raw materials and partner of cosmetic manufacturers, pharmaceutical companies and firms in the foodstuffs industry.

The esters produced at Prignitzer Chemie are used for diverse purposes, e.g. in sport and energy drinks, calorie-aware nutrition, as conditioning constituents in the cosmetic industry and as ingredients in numerous medicines. Other important product groups serve as emulsifying agents for the production and stabilisation of creams and lotions or aid the formulation of pharmaceutical products.

With its new ester plant, Prignitzer Chemie will contribute to the further development of the success story of CREMER OLEO. Here the focus lies on the specialisation of product areas, the optimisation of technologies at the production sites in Witten, Rodleben and Wittenberge, and on gaining attractive niche market positions that correspond to the high quality standards of CREMER OLEO's purely vegetable raw materials.

Managing Director Patrick Knüppel puts it in a nutshell: "With the construction of one of the most high-quality ester production plants, we have become a leading manufacturer of fatty acid esters and, regarding products, even the global market leader. The new production plant is an excellent complement to the range of our production site in Witten, and our new plant is thus a central element in the strategic concept of the business area Esters. New synergies are arising with regional companies, and the concept of producing high-quality sustainable ingredients and assuming responsibility for nature is becoming increasingly clear. And, the location of Prignitz will generally gain in strength."