Home Economy Fruitful investment in ZEOCHEM proof enoguh for new investments

Fruitful investment in ZEOCHEM proof enoguh for new investments


President of Republika Srpska Milorad Dodik said on Monday that the successful investment and launch of operations of Zeochem, a plant processing zeolite and chromatography gels in Zvornik is proof enough for new investments of not only this one, but of other companies as well, and that Srpska is willing to support them.

Dodik said he was pleased that the construction of Zeochem in Zvornik was finished and that it already has a stable production.

“Republika Srpska is always prepared to support and encourage foreign and, naturally, local investments,” the president said after the official opening ceremony together with the chair of the Management Board of the Swiss company CPH Chemie + Papier Holding AG Peter Schaub and the company’s CEO Peter Schildknecht.

Dodik stated he was pleased to see a successful connection between the local company Alumina and the foreign investor, which proved that cooperation could be productive.

He emphasised that Republika Srpska was recognised as a place of safe investments because it is politically and institutionally stable and has no challenges that could threaten its stability.

Dodik thanked the Mayor of Zvornik Zoran Stevanovic, who was of service with the city administration for quick administrative solutions, and voiced hope that Srpska authorities were acting the same.

Chair of Alumina Management Board Milorad Motika said he was eager to share the commissioning of Zeochem with his friends and long-term associates from the Swiss Zeochem, who decided to invest and expand their production by building a plant in Zvornik.

“It was an honour to have headed the team of associates when we made a decision to sign a long-term cooperation agreement with Zeochem. We consider it a strategic business goal, a very important one for the future and property of Alumina,” said Motika.

Recalling that since early December 2017, Alumina started supplying the Zeochem plant in Zvornik for its production process, Motika pointed out that Alumina manufactures the raw materials for the plant, which is a great recognition for all employees and an encouragement for future business plans.

“Thanks to the business cooperation and strategic partnership with Zeochem, Alumina has the market for the next ten years not only concerning the production of silica gel and special zeolites, but also of existing products from its portfolio, which we market to our business partners in China, America, and here in Zvornik,” said Motika.

Motika thanked the friends from Zeochem for having trust in Alumina, its workers and leadership, to come to Zvornik with a long-term investment and pointed out that a new era began in Zvornik with the new factory.

The Zeochem plant which processes zeolite and chromatography gels and cost more than 9 million Swiss francs to build, opened in Zvornik on Monday.

The Swiss company Zeochem, which is part of the Chemie + Papier Holding AG group, recently commissioned all production lines of the newly-built factory in Zvornik.

Zeochem from Switzerland bought 5,400 square metres of industrial land in Zvornik more than a year ago with a plan to build a manufacturing plant that would produce molecular sieves powder, special zeolites and silicate chromatography gels.

The project increases the company’s global competitiveness as the newly-built plant in Zvornik sells its products on all continents, along with the existing plants in Switzerland, the United States and China.

The new Zeochem plant started operating recently and currently has 39 employees.




Source: srna


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