Jida Evonik in Changchun/PR China  (Picture: Evonik)
PEEK Polymer

Evonik To Expand Its PEEK Polymer Capacity

Changchun/PR China, Essen/Germany – Evonik Industries is significantly expanding its polyether ether ketone (PEEK) capacity in response to growing global demand. Along with a number of optimization measures, the company is modernizing an existing plant. The project at the Changchun site in China is scheduled to be completed by 3rd quarter 2011.

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Marl Chemical Park - Evonik reorganizes its polyamide business. (Evonik)
Germany: $ 448-Million-Investment

Evonik Reorganizes Polyamide Business and Places Focus on Speciality Chemicals

Evonik is reorganizing its business for high-performance polymers within the polyamide group. The specialty chemicals company has already begun construction of a new polyamide 12 (PA 12) facility complex and is expanding its production of transparent polyamides at the Marl Chemical Park. As part of the reorganization process, the company will withdraw entirely from the polyphthalamide (PPA) business at the Witten site.

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 (Bild von Free-Photos auf Pixabay)
Chemical Industry Cuts Forecast

Downward Trend Continues: German Chemical Industry Cuts its 2019 Forecast

Slump in sales and trade crises: The chemical industry in Europe in general and Germany in particular had a bumpy start into 2019. The downward trend of 2018 intensified during the first half of the year, as important customer industries are weakening and the special effects of the pharmaceutical industry are starting to slow. Recovery is unlikely in the face of international uncertainty. Is that the low point or the beginning of a longer downtrend?

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