ADVERTORIAL
Multiple benefits
IPP ’ s approach to site repopulation and asset repurposing has several benefits . Firstly , it helps to reduce waste and extend the useful life of these assets . IPP can keep these assets in circulation and prevent them from being part of a carbon-intense scrapping , recycling and refabrication process that emits about 4 tonnes of
CO 2
/ tonne of equipment . This helps to reduce the impact of scrapping and the need for costly and time-consuming new construction .
Secondly , the company ’ s approach provides economic benefits to the communities where the plants are located , if it can be repopulated , by creating new jobs . If a plant needs to be relocated , the job losses from the original location translate into job growth at its new destination , while the original site is developed into a productive investment that brings value to the host community .
An example of IPP ’ s success in this regard is the repopulation of a former Kodak synthetic photographic chemical manufacturing plant in the UK that was repurposed into ‘ condo ’ manufacturing of speciality chemicals , solvent recovery , and catalysts . When Kodak closed the facility , 100 jobs were lost . Today , over 200 people are employed at the site .
Finally , IPP ’ s approach can also provide cost and time savings for manufacturers in need of additional capacity . If an operation in-place is not possible or desired , relocating equipment or systems to other sites can often result in significant cost savings , typically costing less than 50 % of new equipment and engineering capex . In addition , relocation can shorten delivery times from months to weeks , which can be critical for manufacturers securing contracts in highly competitive ( cost and time-tomarket ) situations .
IPP ’ s Grimsby , England API / Specialty Chemical Manufacturing Complex Available for Sale or Lease
Long history of projects
Since 1978 , IPP has completed over 300 successful plant repopulations and plant or process system relocations for manufacturers of all sizes in the worldwide chemical and pharmaceutical industries . Whether a manufacturer needs a complete facility or just a few equipment systems to install in one of their existing plants , IPP has the expertise and resources to provide a customised solution that meets their needs .
One of the key factors contributing to IPP ’ s success is its global network of buyers and sellers . The company ’ s customer base of 160,000 , developed over 45 years , is served by its team located in 12 countries . This network allows IPP to meet the expansion needs of customers globally , and to quickly identify opportunities to purchase idled assets and acquire them when they become available .
Finally , IPP ’ s commitment to sustainability is another factor that sets it apart from its competitors . The company is committed to eliminating 4 tonnes of CO 2 emissions / tonne of existing equipment weight by reusing it instead of reprocessing scrap metal into new equipment .
In its relocation and redevelopment projects , 100 % of the recyclable materials are recovered and either ‘ upcycled ’ in the case of process equipment that can be deployed back into service with a new owner or recycled in accordance with best practices of environmental safety and stewardship . ●
For more information about IPP ’ s interest in purchasing your idled facilities or assets , or to discuss your requirements for additional manufacturing capacity in the form of a complete plant , process units , or equipment systems from IPP ’ s portfolio , visit ippe . com / chemspec . For specific information on the Grimsby site visit go . ippe . com / Chemspec