Evonik to expand IP and IPD chemical capacities in China

German chemicals firm Evonik Industries is significantly expanding its global isophorone (IP) and isophorone diamine (IPD) capacities by funding an investment of more than EUR100 million in Shanghai, China. The new production plants will be completed in the first quarter of 2014 and will increase the total capacities of IP and IPD significantly, though the firm did not specify by how much.

“We're investing in China, because we are committed to the growth region Asia. As a world leader in isophorone-based products, we will continue to further consolidate and expand our position in this chemistry," says Dr. Ulrich Küsthardt, President of Evonik’s Coating & Additives Business Unit.

With the Group’s expansion strategy it aims to support the growth ambitions of key customers in Asia and around the world. Proximity to consumers in this growing market will translate into improved local service, shorter lead times, and faster responses to changes in demand. “Our aim in building the plants in Shanghai— at the company’s existing multi-user site—is to supply our Asian customers with the same high-quality products they are used to from our plants in Europe and the US, now from a plant in the region," says Gerd Brand, Senior Vice President and Head of Crosslinkers Business Line.

Isophorone is a stable, colourless liquid that is a solvent for many natural and synthetic polymers. Isophorone diamine is an amine and the main component for curing agent formulations for epoxy resins. These diamines are also used as chain extender for PU systems and as raw material of polyamides.

Evonik, which has 50 years of experience in these products, also manufactures at its facilities in Herne, Marl (Germany), Mobile, Alabama (US) and Antwerp (Belgium). The crosslinking products are sold under the brand names of Vestamin, Vestanat, Vestagon and Vestasol and cater to coatings, adhesives as well as for high performance elastomers and composites.


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