Evonik Industries Builds New Polymerization Unit for Methacrylic Resins in China
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The expansion of worldwide production capacity for thermoplastic methacrylic resins at Evonik Industries is proceeding according to schedule. According to the company, at Shanghai Chemical Industry Park in China, the company is currently completing the technical equipment that will be part of one of the world largest integrated production sites for methacrylates.
"The construction of a plant in Shanghai underlines the great importance of the Chinese industrial coatings market for Evonik," says Dr. Ulrich Küsthardt, President of the Coatings & Additives Business Unit. "This enables us to serve the growing requirements of our Asian customers from a local base."
The products manufactured at the new plant will be used in particular for industrial coatings, such as marine and container paints and plastics coatings, but will also act as binders in printing inks and ceramic transfer lacquers.
The plant is due to go into operation in the second half of next year.
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