World-Scale Facility Construction of Evonik’s New Alkoxides Plant in Southeast Asia Underway
Evonik’s new plant in Southeast Asia will be used for the production of methylate in the region. The move is in line with the company’s strategy to further strengthen its global alkoxides business especially in the Asian market inorder to become one of the world’s largest manufacturers of alkoxides.
Essen/Germany – Evonik is currently working on the construction of a new plant for the production of methylate in Southeast Asia. This will further strengthen Evonik’s global alkoxides business. Alkoxides are predominantly needed as catalysts for biodiesel production as well as in synthesis applications in the pharmaceutical and agricultural industries. The size of the investment is in the mid double-digit million range.The investment is seen as a necessary next step in the strategy to expand the position as one of the world’s largest manufacturers of alkoxides.
We already have production facilities in Europe, North and South America; Asia is the missing piece in a global supply network to regionally serve all relevant markets.
The new capacity will be a modern world-scale facility. It will satisfy the growing demand for alkoxides in this very dynamic region. Weber: “We want to meet our customers’ needs in the long term, and this is also reflected in the planned production volume with which we can serve the Asian market.”
The project is entering the basic-engineering phase following the completion of several feasibility studies, which will be closed in 2022. In this phase, the basic requirements for the plant are incorporated into preliminary construction plans and details on production and investment volumes are developed further.