Engineering at work
Elixir Group is proud to announce Prahovo2027, the most ambitious investment cycle in the course of 34 years of our business operations, which represents a significant step towards the modernization and expansion of Elixir Prahovo, the center of our strategic chemical production.
Investment in the future
In the next four years, we plan to invest more than 300 million euros, making Prahovo2027 the largest private industrial enterprise in the Western Balkans.
Prahovo2027 opens about 300 new jobs, with a focus on the employment and training of engineers to work with the most modern technologies. This investment cycle includes the construction of four new technologically connected greenfield plants, which will be equipped with a completely new industrial infrastructure.
Projects of the Prahovo2027 cycle will transform the existing complex in Prahovo into a modern, technologically integrated, resource- and energy-efficient industrial-chemical park, the first one in Serbia.
300
million euros of investment
4
new greenfield plants
300
new jobs
500
thousand tons of phosphoric acid produced annually
New phosphoric acid factory
Doubling of production capacity
We will produce 500 thousand tons of highly concentrated phosphoric acid per year.
Phosphoric acid as a product and raw material for other industries
We will increase the production volume of phosphoric acid in grades required by various technological processes and technical applications, from application in the production processes of plant and animal nutrition, to grades for use in the automotive industry, metal surface treatment, fire protection and other industries.
High quality standards
We will produce food grade phosphoric acid, thereby opening new markets and strategic partnerships. Our new products will become an integral part of a large number of food, pharmaceutical and cosmetic products for wide global consumption.
Resource efficiency
The new technology will make it possible to reduce the consumption of thermal energy by 50% and electricity by 25% per ton of phosphoric acid produced, while water consumption will be reduced by at least 30%. Reducing the consumption of energy sources and energy fluids will proportionally contribute to the decarbonization of our production.
Cleaner production
The new technology reduces fluorine emissions six times compared to the existing factory’s technology.
New factory of crystalline fertilizers
New factory of liquid and powder fertilizers
Sustainability in agriculture
Crystalline, liquid and powder water-soluble fertilizers are our new products for plant nutrition that contribute to the global trend of sustainable and regenerative agriculture.
Effective products
Precise application of new products, liquid fertilizers foliarly, over the leaves, and crystalline by fertigation, through the “drop by drop” irrigation system, enables a significant increase in the use of nutrients by plants, which contributes to the optimization of the use of nutrients, higher yield and quality of agricultural products.
Global distribution
The new factory of crystalline fertilizers (monoammonium phosphate) will have an annual capacity of 50,000 tons of products that will be marketed through the existing distribution network of our strategic partner, the German company K+S. Thanks to the developed global distribution, new opportunities for export and increase of production capacity are opening up.
New waste-to-energy plant
Decarbonization of production
By investing in a plant that converts non-recyclable waste into sustainable, locally available energy, we significantly reduce the dependence of our production on the use of fossil fuels and achieve an additional reduction of the carbon footprint by 26% per ton of phosphoric acid produced, thereby directly and indirectly decarbonizing all our products.
State-of-the-art technology
Waste-to-energy plant uses the technology of thermal treatment of non-recyclable waste in the fluidized bed and produces thermal energy with a capacity of 30 MW, in accordance with the latest European regulations and the BREF document from 2019.
Contribution to waste management
Energy utilization of waste contributes to the preservation of the environment in many ways: it prevents air, water and soil pollution by reducing the disposal of non-recyclable waste in landfills and contributes to the fight against climate change by reducing the use of fossil fuels and the emission of gases with the greenhouse effect into the atmosphere.
Prahovo2027 values
Transparency in work
Open communication about strategic development plans and regular informing of the public from the earliest stages of projects about all their aspects confirms our dedication and transparency in our work.
Compliance with European standards
All activities and innovations within the Prahovo2027 investment cycle are fully aligned with the highest European standards, guaranteeing the high quality and reliability of our products and processes.
Focus on the safety and health of employees
The safety and health of our employees are our most important priority, and that is why we continuously work on implementing the most effective monitoring and prevention measures, automating all industrial processes, training and improving working conditions.
Environmental protection
Through initiatives for the sustainable use of resources and the decarbonization of energy sources, the projects of the Prahovo2027 cycle actively contribute to the preservation of the environment and minimize the impact of industrial processes on the climate and nature.
The future is here
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