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Comment Business & Economics

Evonik to expand capacity of precipitated silicates

By Gerald Ondrey |

Evonik Industries AG (Essen, Germany; www.evonik.com) is planning to significantly increase its silica (precipitated silicic acids) production capacity over the next four years. “By 2014 we will have gradually expanded global capacity at our existing plants by 25%, thus securing supply for our global customers,” says Klaus Engel, chairman of the executive board of Evonik Industries. Investments to ensure this increase in production capacity will be in the mid double-digit million Euro range. Total capacity expansion is expected to be in the six-digit metric ton region and will be implemented mainly at Evonik’s existing silica sites in Asia and Europe. In May 2010 Evonik had announced capacity expansion for precipitated silicas at its subsidiary Insilco Ltd. in Gajraula, India. These expansion plans back the Group’s commitment to accompany its customers’ growth as a strategic partner. “Evonik is the market leader in precipitated silicas. The market is expected to grow substantially over the next few years. Through our capacity expansion, we plan to satisfy the increasing demand and to achieve further growth along with the market,” explains Thomas Hermann, head of Inorganic Materials, the business…
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