Evonik Reorganizes Polyamide Business
20th May 2019
Specialty chemicals producer Evonik is reorganizing its business in Germany to concentrate on attractive growth markets such as the automotive, oil and gas, 3D printing, and optics. As part of this process, the company announced that it will withdraw from the polyphthalamide (PPA) market.
Evonik said it intends to discontine the production of PPA at its site in Witten, Germany, by the end of the first quarter of 2020. The company plans to transfer the employees affected to the new PA 12 production facilities at its Marl, Germany, site.
Evonik currently employs almost 300 people in Witten and operates several production facilities for organic substances. The site produces raw materials for the paints, coatings and adhesives industry. In 2018, a new production plant for specialty copolyesters went on stream at the Witten site.
Alongside its withdrawal from the PPA market, Evonik’s reorganization plans for plastics appear to concentrate on building up activities in its Marl chemical park, where it last year inaugurated a new plant for PA 12 powder plant to supply the rapidly growing 3D printing market.
Also last year, the company unveiled plans to build a new plant for PA 12 resin at Marl, increasing output by 50% up to 2021 at a cost of €400 million. Last month, it said it would add capacity for transparent PA up to the first quarter of 2020. The latter investment, Evonik said, will double overall capacity for the high-performance material sold under the trademark Trogamid CX.
Ralf Düssel, head of the High Performance Polymers business line, said the investment plans represent a more intense focus on developing sophisticated specialty solutions for customers. The reorganization plans for PA will not affect the company’s Terra-branded bio-based polymers business.
Photo: © Evonik
Specialty chemicals producer Evonik is reorganizing its business in Germany to concentrate on attractive growth markets.
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