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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.

Thursday, July 18, 2019

Tire Industry Association appoints David Zielasko as vice president of marketing and communications - click to expand

Specialty tapes market forecast to reach $59.3 billion by 2024 - click to expand

Continental begins construction of motorcycle tire factory in Thailand - click to expand

Maxxis to open distribution facility near Indianapolis, Indiana - click to expand

Lubrizol Corporation announces acquisition of Bavaria Medizin Technologie GmbH - click to expand

Wednesday, July 17, 2019

Wacker to showcase novel silicone laminate with electroactive properties at K2019 - click to expand

German RepRap launches 3D printing platform that can print liquid silicone rubber - click to expand

NBR latex market size is forecast to exceed $2.4 billion by 2025 - click to expand

Career fair to be held during the Rubber Division's International Elastomer Conference - click to expand

Rep International names Jim Wirtz president - click to expand

Goodyear to invest $180 million in North Carolina tire plant - click to expand

Tuesday, July 16, 2019

Goodyear declares quarterly dividend - click to expand

The International Rubber Study Group (IRSG) announces a call for rubber-related economic research papers - click to expand

Hillenbrand to acquire Milacron in cash-and-stock trade valued at $2 billion - click to expand

Toyo Tire to increase capacity at U.S. tire production facility in Bartow County, Georgia - click to expand

Global green tire market forecast with a 20.63 percent CAGR through 2023 - click to expand

Nitrile butadiene rubber production in North America anticipated to reach 50,000 tons in 2023 - click to expand

Monday, July 15, 2019

Wacker sets benchmarks in multimaterial printing and precision with ACEO technology - click to expand

GRI hires senior industry executive as head of global sales - click to expand

Tokai Carbon CB to increase prices in North America - click to expand

Bridgestone to launch new Blizzak studless winter tire - click to expand

Goodyear sends silica science package to the International Space Station - click to expand

Friday, July 12, 2019

Nokian Tyres produces first test tire at its factory in Dayton, TN - click to expand

Global silicone solutions for leather and textiles market to expand to $760 million by 2025 - click to expand

ZC Rubber America hires Chan Phothisane as OTR national sales director - click to expand

Arlanxeo announces strategic collaboration with Dhahran Techno Valley - click to expand

Book of the Day - Rubber Extrusion Technology Short Course Notes - click to expand

Thursday, July 11, 2019

R.E. Carroll Inc. launches brand promise to the rubber industry - click to expand

HAGL Agrico set to sell rubber firm to Thadi - click to expand

Global aircraft pressure-sensitive tape market forecast at $354 million by 2024 - click to expand

Vystar contracts rubber expert Ranjit Matthan for deproteinized dry rubber and latex research and development - click to expand

Ashland amends agreement with Ineos for its composites business and butanediol facility in Marl, Germany - click to expand

Market Reports

Global farm tire market size is expected to reach $7.01 billion by 2025 - click to expand

Global silicone gel industry forecast at $2 billion by 2025 - click to expand

Asian and Pacific nitrile butadiene rubber market forecast at 820 thousand tons By 2023 - click to expand

Global liquid silicone rubber market is forecast to reach $3.83 Billion by 2026 - click to expand

Specialty tapes market forecast to reach $59.3 billion by 2024 - click to expand

NBR Latex Market size is forecast to exceed $2.4 billion by 2025 - click to expand

Global green tire market forecast with a 20.63% CAGR through 2023 - click to expand

Nitrile Butadiene Rubber production in North America anticipated to teach 50 thousand tons in 2023 - click to expand

Global silicone solutions for leather & textiles market to expand to $760 million by 2025 - click to expand

Global isoprene market is expected to reach $3.97 billion by 2025 - click to expand

Global aircraft pressure-sensitive tape market forecast at $354 million by 2024 - click to expand

Shape memory polymer market forecast with at a CAGR of more than 25% through 2025. - click to expand

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