Home / News Draslovka relocates equipment from the Laguna, Mexico site

Investors 12/14/2021
hexagon hexagon hexagon

Draslovka will continue to fully supply all of its Mexico-based clients from its productive plants in operation.

Prague, Czech Republic – Draslovka a.s. (“Draslovka” or “the Company”), a Czech Republic-based, global, family-owned leader in CN-based specialty chemicals including next generation fumigants and biocides, today announces a decision to relocate equipment away from the Laguna site in Gomez Palacio, Mexico.


On December 1, Draslovka completed the acquisition of Chemours’ Mining Solutions business. Draslovka therefore now has extensive operations in the American and Mexican markets, which it considers geographically strategic given their growing mining, agricultural, and industrial products. Upon the completion of the sale, Draslovka thoroughly reviewed its existing portfolio, specifically to evaluate the best ways to integrate Chemours’ Mining Solutions assets with its existing supply chain and its sodium cyanide business around the world. 

The Laguna project, once completed, would have added in the region of 57kt of NaCN to the world supply in a market that is increasingly faced with rising input material costs and an expanding global demand. Given that project finalization at La Laguna site is unlikely in the short term, due to investment and permitting considerations, Draslovka has made the strategic decision to relocate the equipment currently installed at the project site in Gómez Palacio. Draslovka will continue to fully supply all of its Mexico-based clients from its productive plants in operation.

Draslovka remains committed to the Mexican market and hopes to contribute to the economy and competitiveness of the country through its full range of products for the mining, agricultural, pharmaceutical, and industrial sectors.


Pavel Brůžek, CEO of Draslovka, said:

“Following an in-depth economic and market analysis, and given that production at the Laguna site looks unlikely in the short term, we have taken the strategic decision to relocate the equipment currently on site so that it can be fully utilised at other Draslovka operations. 
At the same time, we are keenly aware that the combination of steadily growing demand, a stagnant capacity environment, and recent disruptions in energy and raw material markets have created tumultuous market conditions for participants worldwide. As the world’s largest producer of sodium cyanide, we are exploring a wide range of options to ensure the market will remain properly served. We remain fully committed to our Mexican clients and will continue to provide reliable supply to all our clients from our existing production facilities.”

 

This website is using cookies

Our website uses cookies that are necessary for its functioning. With your consent, we will also use other cookies and process your personal data for behavioural analysis, statistics and better targeting of advertisements, including on third party websites. You can give your consent for all purposes or select only some of them in the detailed settings. You can withdraw your consent at any time. Detailed information about cookies, including information about the transfer of data about your behaviour on the site to social and advertising networks, can be found in the Privacy section.

Functional cookies These cookies are necessary for the proper functioning of the website and therefore cannot be turned off.
Analytics cookies Analytical cookies help us track and analyze the way visitors interact with our site in Google Analytics 4. This information allows us to improve content and provide a better user experience.
Marketing cookies Reading and writing cookies for marketing purposes for advertising systems such as Google Ads or Sklik. These cookies allow us to track user behavior and measure website performance and the effectiveness of our advertising campaigns.
Personalized advertising Remarketing cookies allow us to present you with personalized advertising based on your previous interactions with our site in systems such as Google Ads, Sklik.
Use of personal data With this option, you consent to the sending and processing of your personal data to Google for the purposes of targeting and evaluating online advertising and targeted marketing.