ThyssenKrupp investing in industrial biotechnology

In Germany, ThyssenKrupp inaugurated Europe’s first multi-purpose fermentation plant for the continuous production of bio-based chemicals in Leuna, Saxony-Anhalt/Germany. The plant was built at a cost of around 20 million euros, and will enable ThyssenKrupp to further expand its research and development activities in the area of biochemicals based on renewable raw materials. The multi-purpose fermentation plant inaugurated today will enable ThyssenKrupp to test its laboratory-developed fermentation and processing technologies on an industrial scale: More than 1,000 metric tons of biochemicals such as lactic acid and succinic acid can now be produced at this facility annually.