Grenof and QIC partner on Gladstone chlor-alki production facility
Grenof, a supplier of chemicals for the water, wastewater and mining industries, has announced a partnership with investment manager QIC through the QIC Critical Minerals and Battery Technology Fund (QCMBTF) to deliver Project Halogen, a new chlor-alkali production facility in Gladstone. The company says the project aims to reshape the nation’s industrial landscape by securing the domestic supply of essential chemicals.
The initiative addresses a longstanding opportunity to enhance Australia’s supply chain resilience. By establishing a second, independent source of chlorine and producing caustic soda locally, Project Halogen will create a more competitive and reliable market, benefiting critical sectors from water treatment to mining, resources and food processing, according to Grenof.
“This project marks a pivotal moment for Australian industry. It’s an investment in national resilience and our capacity for a more self-reliant economic future,” said Scott Barnes, Managing Director of Grenof. “By producing these vital chemicals on our own shores, we are building a secure supply chain for our most important industries and changing the landscape for the better. For our partners in Gladstone, this means a secure, localised supply that strengthens the entire region’s industrial ecosystem.”
The project is backed by a major investment from the QCMBTF, which joins as a 50% shareholder. The Fund recognised the unique opportunity to support an initiative that addresses a critical national need, future-proofing the country’s supply chain while seeing significant potential for further developments.
“We are incredibly excited to have a partner of QIC's calibre on board,” Barnes added. “Their investment is a powerful vote of confidence, not only in the strength of Project Halogen but in Grenof’s long-term vision. This partnership is crucial as we work together to shape a more resilient and self-sufficient industrial future for Australia.”
Grenof says Project Halogen will dramatically lower the reliance on chemical imports into Gladstone, one of Australia’s largest caustic soda user hubs. The project will utilise the latest energy-efficient technology that consumes 25% less electricity than current Australian plants and is free of harmful materials like mercury and asbestos, supporting the nation’s transition to a more sustainable industrial base.
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