Evonik to Reopen Plant in Alabama
PARSIPPANY, NJ – Evonik Corp. announced the company will begin preparations for reopening its specialty polyesters production plant located in Mobile, AL. The revitalization of the plant is scheduled to be completed in 2018 and will have an annual production capacity of several thousand metric tons. The investment will create new jobs in Mobile, where the group currently has more than 800 employees. Specialty polyesters are focused in the reactive hot melt adhesive market and in the pre-coated metal market as a binder for paints, coil coatings and increasingly in food can coatings.
Demand in the specialty polyester market is driven by the trend towards bisphenol A-free can coating resins. Specialty polyesters are also highly desired in the automotive market, supporting the increased use of adhesives for mixed material bonding and lightweight fuel-efficient designs.
Andreas Kripzak, Vice President, Coating & Adhesive Resins Americas, commented, "As the solutions partner for the coatings, adhesives and packaging industry, we will reinvest in the United States to become a local, reliable supplier fully committed to our customers’ needs and growth."
Evonik is one of the world’s leading suppliers of polyesters for pre-coated metals and reactive hot melts. The company has production facilities at its sites in Marl and Witten, Germany, and Shanghai. Polyesters from the DYNAPOL® brand serve as binders for paints. In addition to coil coatings, they are also increasingly used for food can coatings as well as in flexible packaging. Polyesters from the DYNACOLL® brand are used in reactive hot melt applications.