Evonik Expands Silicone Platform in Germany and China
ESSEN, Germany - Evonik is strengthening its technology platform for specialty silicones with a global investment initiative. The company plans to invest a triple-digit-million-euro amount in the coming years and gradually increase the production volume of specialty silicones.
In Essen, Germany, the company is expanding a production plant for these products. Responding to increasing demand in Asia, Evonik is expanding its site in Shanghai with a new production complex for specialty silicones. Demand in Asia is driven by growth in the construction, textile, coatings, furniture and appliance industries.