(evonik) -- Evonik Industries established
a joint venture, Evonik Acrylics Africa (EAA), with the South African plastics
processor Ampaglas Plastics Group for extrusion of PLEXIGLAS sheet
products. The new company is headquartered in Elandsfontein, Johannesburg.
The goal of the joint venture, in which Evonik holds a 51 percent stake,
is the production of high-quality PLEXIGLAS sheeting and its marketing,
particularly in the growth markets of the African continent. The focus here lies
on the building and architecture market segments, the design-oriented lighting
technologies segment, and furniture, shopfitting, and exhibition booth
"The new company combines the advantages of both its
parents: production of innovative products by high international quality
standards, coupled with high flexibility and short response times as a result of
local production," says Michael Traxler, head of Evonik's Acrylic Polymers
Business Line. Evonik ensures a continuous supply of raw materials from its
production sites for molding compounds in Germany, China, and the U.S.