Venturing into chemicals in France

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Invest in Grenoble-Isère and Rhône Valley – ACHEMA 2015 Hall 9.2, stand D41 Adisseo, Hexcel, Vencorex, Arkema… major international chemical industry stakeholders are investing more than a billion euros in Grenoble-Isère and the Rhône Valley (France).

Proof of the region’s attraction for industry at all levels: large industrial platforms with advanced chemical technology, universities and research centers close at hand, in an exceptional setting.

Grenoble, France, June 10th, 2015 – €500 million for the Roches-Roussillon-Osiris platform, €500 million for Grenoble and Jarrie Chemical Parks, plus €130 million to develop the responsible, multimodal INSPIRA industrial area… In all, more than a billion euros is being invested by the Grenoble and Rhône Valley platforms from 2012 to 2017.

Situated midway along the strategic North to South route through Europe, these sites represent 5000 jobs in the chemical industry, and have key assets for industrial development:

· Long-established mastery of manufacturing processes, high innovation capacity, optimal reuse and pooling of production and energy, exemplary services and industrial ecology organization, and real expertise in security and environmental management.

· Presence of research centers, universities and Axelera (Rhône-Alpes Chemistry and Environment competitive cluster).

· Access to multimodal transport (highways, railways, river routes).

Success stories

On the OSIRIS platform, Adisseo, a world leader in animal nutrition and French subsidiary of a Chinese group, has invested €100 million for an MMP production unit and Hexcel, the American worldleader in composites, is building its first fully integrated plant in Europe to produce carbon fiber, a €200 million project. Suez Environment has installed a biomass recovery unit to supply the site with steam (€18 million).

South of Grenoble, Vencorex and Arkema are modernizing their chloride production facilities with new membrane electrolysis shops. Vencorex is also developing its specialty isocyanates. Plus, the Grenoble Chemical Park has high development potential in the recovery of hydrogen, a gas with a promising future in new energy technologies.

“All of these industrial development projects confirm that the Isère area chemical platforms meet the requirements for setting up business under the best of conditions for competitiveness, with the pooling of flows, energy and co-products, and regulatory risk management capability. The projects also confirm the Isère area’s industrial attraction in a highly competitive international environment.

Hexcel looked into more than 70 sites around the world before choosing Grenoble-Isère and the Roches Roussillon platform,” reveals Joëlle Seux, AEPI Executive Director.

Invest in Grenoble-Isere, France–AEPI assists all companies with projects to set up businesses on the platforms, in connection with chemistry and the environment.

A new brochure presenting services for the chemical industry in Grenoble-Isère Discover the stakeholders and assets of an area focused on innovation in a new brochure published by Invest in Grenoble-Isere, France-AEPI. Stop by at Achema, Hall 9.2, stand D41, or download it from http://www.grenoble-isere.com/fr/publications-filieres. Discover opportunities for setting up business (nearly 300 hectares of available land) on special-purpose sites offering shared services and assistance for ventures geared towards industrial ecology, sustainable technology and energy, renewable materials, and smart distribution systems. More than a hundred years of expertise in the chemical industry.

About Invest in Grenoble-Isere, France-AEPI, a business development stakeholder in Isère

Invest in Grenoble-Isere, France-AEPI works with businesses seeking to explore development opportunities in France. The agency provides free advice tailored to specific company project requirements (sales, R&D, manufacturing facilities, etc.): available real estate and land, recruitment assistance, legal assistance, and more.

AEPI’s mission is to promote Grenoble-Isère nationally and internationally in order to attract new businesses to the area.Invest in Grenoble-Isere, France-AEPI is a link between the Isère area and the world. The agency is actively involved in the United States and Europe and is rolling out operations in Asia with the support of the Invest in France agency (AFII). Over the past 17 years, AEPI has helped 450 businesses, both French and non-French, move to Grenoble, contributing to the creation of 9,900 jobs. The agency’s added value lies in creating favorable conditions for detecting, attracting, setting up and anchoring productive activities in Grenoble-Isère. The area’s strategic position at the crossroads of Industry, Research and Training makes it the ideal place for those who want to create, undertake and invest. With its outstanding knowledge of players in the field, the Agency assists local authorities and advises businesses on their development projects in Grenoble Isère. AEPI’s Economic Observatory is the cornerstone for research on the main economic sectors, renewal of industrial activities and changing economic features of the Isère area, through which AEPI actively contributes to the area’s economic development.

In particular, AEPI is involved in raising the visibility of Isère chemical platforms in France and abroad.

For more information: www.grenoble-isere.com and @Grenoble_Isere

Press contact:

Anne Giraudel, AEPI Communication Officer – Tel. +33 (0)4 76 70 97 03 / +33 (0)6 07 90 91 42 – a.giraudel@grenobleisere.com