09.14.16
Evonik has broken ground in Marl for construction of a new production plant for specialty polyamide 12 (PA12) powders. The specialty chemicals company will thus increase annual capacity for its VESTOSINT brand of PA12 powders by 50 percent. The amount invested lies in the mid-double-digit million euro range. The new plant is scheduled to come on stream at the end of 2017.
Dr. Ralph Sven Kaufmann,chief perating officer of Evonik, said: "Organic growth is an essential cornerstone of our long-term growth strategy, which is why we’re continually investing in new capacities and innovative products. With the Marl investment we’re also further consolidating our leading position as a supplier of polyamide 12 based high-performance polymers."
Evonik is one of the market leaders in polyamide 12 powders, which are marketed under the VESTOSINT brand name.
Dr. Ralph Sven Kaufmann,chief perating officer of Evonik, said: "Organic growth is an essential cornerstone of our long-term growth strategy, which is why we’re continually investing in new capacities and innovative products. With the Marl investment we’re also further consolidating our leading position as a supplier of polyamide 12 based high-performance polymers."
Evonik is one of the market leaders in polyamide 12 powders, which are marketed under the VESTOSINT brand name.