Evonik Expands Specialty Amine Production in China
- 13-Nov-2024 2:30 AM
- Journalist: Bob Duffler
Evonik Industries AG, a global leader in specialty chemicals, has officially broken ground on a significant expansion of its specialty amine production facility in Nanjing, China. This strategic investment underscores the company's commitment to the polyurethane and epoxy curing agent markets, as well as its dedication to bolstering its presence in the crucial Chinese market.
The Nanjing plant, powered by green electricity, specializes in producing amine-based additives essential for various industries, including construction, automotive, and furnishings. These additives play a vital role as catalysts in polyurethane foam formation. Moreover, innovative catalysts developed by Evonik help reduce odor and volatile organic compound (VOC) emissions, contributing to a more sustainable future.
The expansion project, valued in the double-digit million-euro range, will enable Evonik to enhance its amine portfolio by accessing cost-effective raw materials. By increasing production capacity in China, the company aims to strengthen its competitive position and improve market efficiency. This strategic move aligns with Evonik's global amine strategy to differentiate its product offerings and drive future growth.
By expanding its production capabilities in China, Evonik complements its existing facilities in Japan and Singapore, enabling it to meet the growing demand for sustainable polyurethane additives across the Asia-Pacific region. This strategic move positions the company to better serve its customers in the automotive, construction, furniture, and consumer goods markets.
The successful groundbreaking ceremony was attended by local government officials, highlighting the strong partnership between Evonik and the Nanjing government. This collaboration underscores the company's commitment to leveraging cost-efficient production locations in China to enhance its competitiveness and drive sustainable growth.
"The groundbreaking of our new specialty amines plant is testament to Evonik's strategic focus on expanding our capabilities in Asia and our confidence in its potential. China’s role as a competitive production hub is pivotal for both our regional and global business strategies," said, Dr. Claudine Mollenkopf, Head of Evonik’s Specialty Additives division. "This investment not only strengthens our position in the polyurethane and epoxy markets, but also highlights our commitment to sustainable growth and innovation."
"The amine expansion project is key to our business, enabling us to continue serving our customers in the automotive, construction, furniture and consumer goods markets with high-performance amine-based additives,” said Roberto Vila-Keller, Head of the Comfort & Insulation business line. "By expanding our production capabilities in China, bolstering our other sites in Japan and Singapore, we are even better positioned to meet the increasing demand for sustainable polyurethane additives across the region."
As Evonik continues to invest in its global operations, the expansion of its specialty amine production in Nanjing marks a significant milestone in the company's journey towards a more sustainable and innovative future.