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Comment Business & Economics

Evonik plans capacity expansion in isophorones

By Gerald Ondrey |

Evonik Industries AG (Essen, Germany; www.evonik.com) intends to construct a new production plant for isophorone and isophorone diamine. A suitable site is being sought, and economic and strategic market factors play an important role in this decision. Production is scheduled to start in 2013. The board of management of Evonik Degussa GmbH has now approved the plant project plan. “Isophorone chemistry is a core business for Evonik. The market for isophorone and its derivatives is growing steadily and proved to be robust even during the economic crisis. That’s why we want to sustainably strengthen our market and technological leadership by capacity expansion,” explains Klaus Engel, chairman of the executive board of Evonik Industries. In planning construction of a world-scale, state-of-the-art plant, Evonik is responding to increasing demand from its customers in a large number of user industries. With this investment, moreover, the company is creating a framework for possible subsequent expansion of its range in isophorone chemistry. “We strive for meeting our customers’ expectations and future needs best possible regarding costs and geographic proximity,” says Gerd Brand, head of the Crosslinkers…
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