Swiss chemical specialists Arxada has confirmed the extension of its long-term collaboration with Royal DSM (DSM).
As part of the partnership, Arxada will invest $20.8m (CHF 20m) in its production facility in Visp. This investment will be used to expand production lines at the site and increase Arxada's output of nutritional ingredients supplied to DSM.
Antje Gerber, President, Speciality Products Solutions, Arxada, said: "We are delighted to be extending our agreement with DSM and building on the longstanding, mutually beneficial partnership with our neighbours in the Swiss Valais canton."
Arxada will also make further investments to reduce the carbon footprint of the Visp site to help meet the sustainability commitments of both companies. This follows Arxada's significant investment in Visp in 2021 to reduce other greenhouse gas emissions at the site.
Gerber added: "This significant new investment in our Visp facility secures the site's long term future, helping to fuel our future growth. It also demonstrates our clear commitment to sustainability and reducing our carbon footprint.