Grenof, a leader in Australian sustainable chemical technology, today announced a landmark partnership with QIC through the QIC Critical Minerals and Battery Technology Fund (QCMBTF) to deliver Project Halogen, a groundbreaking chlor-alkali production facility in Gladstone. The project is set to reshape the nation’s industrial landscape by securing the domestic supply of essential chemicals.The initiative addresses a long-standing 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.
"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 under the innovative Grenof strategy.
"We are incredibly excited to have a partner of QIC's calibre on board," Mr. 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."
Further strengthening its leadership for this period of significant growth, Grenof is also pleased to announce the appointment of Phillip Strachan as the independent non-executive inaugural Chair of the Board. "To have someone of Phillip's calibre and extensive experience join us as Chair is a testament to the journey Grenof is on," said Scott Barnes. "His depth of knowledge in major infrastructure and regulated industries is unparalleled, and his guidance will be invaluable as we deliver Project Halogen and execute on our broader strategy. Phillip's appointment adds incredible breadth to our governance, and we are thrilled to welcome him." Project Halogen will dramatically lower the reliance on chemical imports into Gladstone, one of Australia’s largest caustic soda user hubs. This localised production is a cornerstone of the sustainable industrial ecosystem the Gladstone region has been working to build for years. Backed by an investment of up to $30 million from the QCMBTF and supported by the Queensland Government, the facility will create over 100 local jobs, apprenticeships, and a graduate program. This project of national significance will utilise cutting-edge, energy-efficient technology that consumes 25% less electricity than current Australian plants and is free of harmful materials like mercury and asbestos, actively supporting the nation's transition to a more sustainable industrial base.
For more information, please visit grenof.com/halogen.