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Evonik reorganizes its polyamide business

  5/16/2019 - Essen, Germany - Evonik is reorganizing its business for high-performance polymers within the polyamide group. The specialty chemicals company has already begun construction of a new polyamide 12 (PA 12) facility complex and is expanding its production of transparent polyamides at the Marl Chemical Park, and, in so doing, is concentrating its activities on high-performance materials for attractive growth markets such as the automotive, oil and gas, 3D printing and optics industries. As part of the reorganization process, Evonik will withdraw entirely from the polyphthalamide (PPA) business at the Witten site. “Reorganizing our polyamide business will concentrate our production and innovative strengths on specialty materials for promising applications in attractive markets such as lightweight construction, additive manufacturing and composites. This, in turn, will give us a solid foundation for continuous growth,” says Dr. Ralf Düssel, the head of the High Performance Polymers business line at Evonik. “For our customers, the move will mean a more intense focus on developing sophisticated specialty solutions.” Evonik’s roughly €400 million investment in Germany will increase the company’s overall capacity for PA 12 by over 50 percent. The project will complement existing PA 12 production at the Marl Chemical Park in the state of North Rhine-Westphalia with additional plants for the polymer and its precursors. The facility complex is scheduled to go on stream in the first half of 2021. At the same time, Evonik will also be expanding production of transparent polyamides in Marl. Production expansion is slated for completion in the first quarter of 2020. The change will double the specialty chemicals company’s overall capacity for the high-performance material. In another step in the process of reorganizing its polyamide business, Evonik will be discontinuing the production and sale of polyphthalamide at its Witten site by the end of the first quarter of 2020. Evonik will transfer employees from the PPA plant to its Marl site, where they will work at the new PA 12 production plant. “As we focus our marketing activities on high-performance polymers, we will be utilizing internal synergies to accommodate our long-serving Witten employees with secure jobs at the new polyamide 12 production facility in Marl, where we will be able to draw upon their decades of proven experience in polymer production and compounding,” says Dr. Iordanis Savvopoulos, head of the product line Granules & Compounds at Evonik. Evonik currently employs almost 300 people in Witten. The specialty chemicals company operates several production facilities for the production of organic substances on the approximately 16-hectare site which is one of the major production sites of raw materials for the paints, coatings and adhesives industry. In 2018, the group’s new production plant for specialty copolyesters at the Witten site went on stream.

Friday, May 17, 2019

Nexen Tire and The Purple Heart Foundation to give away 2020 Jeep Gladiator to a combat-wounded veteran - click to expand

Bridgestone launches company's first all-weather touring tire in the U.S. and Canada - click to expand

Global automotive elastomer market forecast to reach $62.9 billion by 2024 - click to expand

Book of the day - Fatigue, Stress and Strain of Rubber Components, by Judson Bauman - click to expand

Goodyear and Just Tires offering free care care checks for U.S. military this Memorial Day - click to expand

Thursday, May 16, 2019

Braskem to be delisted from New York Stock Exchange - click to expand

Huntsman announces dividend - click to expand

Continental announces first quarter 2019 results - click to expand

Evonik reorganizes its polyamide business - click to expand

Lubrizol enters Material Alliance program with desktop 3D printer maker Ultimaker - click to expand

Wednesday, May 15, 2019

NTB Tire & Service Centers offer free tire care checks for National Tire Safety Week - click to expand

Global adhesives and sealants market forecast with a CAGR of 5.1 percent through 2026 - click to expand

Cabot Corporation completes Responsible Care 14001 certification for all operating manufacturing sites in China - click to expand

Apollo opens first tire service center in Malaysia - click to expand

ExxonMobil completes expansion of specialty elastomer plant in Wales - click to expand

Tuesday, May 14, 2019

AB Specialty Silicones' Waukegan plant employees return to work - click to expand

Latex saturated paper market forecast with a CAGR of 4.3 percent through 2027 - click to expand

Simtec Silicone Parts adds Class 8 clean room - click to expand

Asahi Kasei relocates European headquarters, Asahi Kasei Europe (AKEU), within Düsseldorf - click to expand

Global carbon black market projected to reach $13.79 billion by 2021 - click to expand

Monday, May 13, 2019

Michelin ranked eighth among the world's most reputable companies by Forbes - click to expand

Trinseo to acquire Dow Chemical latex production facilities in Rheinmünster, Germany - click to expand

Toyota RAV4 to use Toyo Tire's Open Country tire as original equipment - click to expand

Sumitomo Rubber continues with its environmental conservation efforts across Japan - click to expand

ExxonMobil to spend $2 billion to expand its Baytown chemical plant - click to expand

Market Reports

Automotive all-season tires market forecast with a CAGR of about 5% by 2023 - click to expand

Global polyolefin elastomer market forecast with a CAGR of 8.7% through 2027 - click to expand

Global automotive elastomer market forecast to reach $62.9 billion by 2024 - click to expand

Global carbon black market is projected to reach $13.79 billion by 2021 - click to expand

Global adhesives and sealants market forecast with a CAGR of 5.1% through 2026 - click to expand

Latex saturated paper market forecast with at CAGR of 4.3% through 2027 - click to expand

Low rolling resistance tire market forecast with a CAGR of 10.8% through 2028 - click to expand

Global styrene butadiene latex market forecast with at CAGR of 2.6% through 2025 - click to expand

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