START-UP OF ABAXTON’S NEW AGRONUTRITIONAL SPECIALTIES AND BIOTECHNOLOGICAL PRODUCTS PLANT
At Abaxton, we are pleased to inform of the start-up of our new production plant within our 20-25 development project. The new plant has an investment of more than 2.5 million euros, in which the Institut valencià de finances (IVF), attached to the Conselleria d’Hisenda i Model Econòmic, has participated, with aid co-financed by the FEDER, in within the framework of the Regional Operational Program of the European Regional Development Fund (ERDF) of the Valencian Community 2014-2020.
With this investment, the company will be able to continue with its plan for global commercial expansion and development of biotechnological products, getting ahead of competitors, tripling the industrial area and quadrupling the production capacity.
The works of the new industrial plant began in January 2022 and are scheduled to be completed in the third quarter of this year. The new facilities will house different production areas for liquid agronutritionals, solid agronutritionals, biotechnological products, storage, dispatch area, laboratories and offices.
The new facilities are located in the Industrial Park of Ribarroja del Turia, in Valencia, with a unique and modern design, which integrates into an environment whose growth it hopes to contribute to. The facilities have been designed to combine the demanding safety requirements and maximum environmental protection, incorporating the principles of technological innovation and efficiency of production processes. In its design, it has been taken into account the sustainability with an efficient use of resources, both materials and energy, in order to reduce the carbon footprint and minimize its environmental impact.
