Evonik invests in new silica plant in Brazil
Investment volume in mid-double-digit million € range
Evonik Industries plans to build a plant to produce precipitated silicas in Americana (São Paulo, Brazil). The company is investing a mid-double-digit million euro amount; the plant is scheduled to go on stream in 2016. This will be the first production plant for highly dispersible (HD) silica in South America. This high-growth silica is used mainly for high-quality low rolling resistance tires. In addition, by building this new silica production plant, Evonik is also catering for the needs of the growing regional business in attractive specialty segments in South America's food, animal feed, and agricultural industries.
Patrik Wohlhauser, Executive Board Member and Chief Operating Officer of Evonik Industries: "With this investment in Brazil, we are positioning ourselves as an innovative provider of advanced inorganic materials for resource-conserving applications in the important South American market."
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