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Evonik doubled acrylic molding compound capacity in Shanghai

November 21/2011

(PlasticsToday) -- Last quarter of 2011 has seen phase-two expansion of Evonik's PMMA plant in Shanghai completed and put online, thereby doubling the supplier's regional manufacturing capacity for molding compounds made of poly(methyl methacrylate) (PMMA) to around 40,000 tonnes per annum. This latest expansion of the PMMA plant also makes accommodations for growing demand in Europe as it helps to better secure supply availability of Plexiglas molding compounds for customers outside of Asia.


Evonik (Essen, Germany) sells PMMA molding compounds under the Plexiglas brand name. It supplies an extensive range of the compounds to a variety of industries, among them automotive and electronics manufactures and the lighting industry.


Perspectives of development of the polymers markets, pricing issues and other important aspects will be discussed at The Polymers Summit-2011, which will be held in Moscow on November 30, 2011 at the Ritz Carlton Hotel. The Summit is organized by MRC with the support of ICIS. The main idea of the Summit is to find a "the golden mean" between producers and converters. When producers receive exactly such margin of production, which helps them to invest in production expansion in order to substitute polymers imports, and the converters receive such price of feedstock that helps them to compete imported finished products. The Summit site gives an access to the live video of the Summit, speakers' presentations, as well as opportunities to ask questions or make appointments to any Summit partcipant.


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