Evonik to built polyamide 12 powder plant in Germany

The company's polyamide 12 powders are targeted at highly attractive markets such as the coatings industry and additive manufacturing (3D printing)

Groundbreaking ceremony for Evonik's new polyamide 12 powder plant
Groundbreaking ceremony for Evonik’s new polyamide 12 powder plant
BS B2B Bureau Essen, Germany
Last Updated : Sep 14 2016 | 6:09 PM IST
Evonik Industries has started construction work for its new plant, which will manufacture specialty polyamide 12 (PA12) powders, in Marl, Germany. The new plant, scheduled to come on stream at the end of 2017, will increase the company’s annual capacity of Vestosint, its PA12 powders brand, by 50 percent. The amount invested lies in the mid-double-digit million Euro range.

Dr Ralph Sven Kaufmann, chief operating officer of Evonik, said, “Organic growth is an essential cornerstone of our long-term growth strategy, which is why we are continually investing in new capacities and innovative products. With the Marl investment we are also further consolidating our leading position as a supplier of polyamide 12 based high-performance polymers.”   
   
The company’s polyamide 12 powders are targeted at highly attractive markets such as the coatings industry and additive manufacturing (3D printing). “We see strong potential for growth here. New production capacities in Marl will enable us to service the growing demand for specialty high-performance polymers,” said Dr Claus Rettig, chairman of the management board of Evonik Resource Efficiency GmbH.   

Polyamide 12 powders are used, for example, for coating of metals in household goods such as dishwasher racks, in the automotive industry, and in medical technology. For many years Evonik has also been developing specialty polymer powders that allow industrial production of high-tech components in 3D printing.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 14 2016 | 6:06 PM IST

Next Story