MOSCOW (MRC) -- Evonik Industries plans to build a new production line for special polyamide 12 powder (PA12) in Marl (Germany) with an investment volume in the mid double-digit million euro range, said the company in its press release.
The new plant, which is scheduled to become operational in late 2017, will increase the group’s existing annual capacity for polyamide 12 powders by 50%.
"The planned investment in the new polyamide 12 powder facility represents the next step in our growth strategy. Our intention is to solidify Evonik’s leading position as a provider of polyamide 12-based high performance polymers and utilize the growth potential of new application areas," said Dr. Ralph Sven Kaufmann, Chief Operating Officer of Evonik.
The Resource Efficiency Segment of Evonik is the market leader for polyamide 12 powders, which are sold under the brand name VESTOSINT. The powders are used, for example, to coat metals for household appliances such as dishwasher baskets, but also in automotive and medical technology production and as matting and structural agents in coatings.
Evonik also anticipates significant increases in demand in tool-free production - especially in the 3D printing industry. "We project attractive market growth. The new production line in Marl will meet the growing demand for PA12 powder products in the long term to support our customers’ growth," said Dr. Claus Rettig, the Chairman of the Board of Management of Evonik Resource Efficiency GmbH.
VESTOSINT is a modified PA12 powder that is manufactured at the Marl site from a polyamide granulate, using a proprietary Evonik process.
As MRC wrote before, Evonik built new polyamide 12 line in Singapore in 2014. A new 20,000 mt plant in Asia was aimed to increase the availability of this specialty plastic in the region.
Evonik, the creative industrial group from Germany, is one of the world leaders in specialty chemicals. Its activities focus on the key megatrends health, nutrition, resource efficiency and globalization. Evonik benefits specifically from its innovative prowess and integrated technology platforms. Evonik is active in over 100 countries around the world.
MRC