Evonik Catalysts Expands Its Portfolio by Integrating Alkoxides
Evonik is integrating its alkoxides business into the catalysts business line. The extensive portfolio of heterogeneous catalysts is thus now complemented by homogeneous catalysts. An international network of production sites and the highly experienced alkoxides team will additionally strengthen the catalysts business line, beginning in January 2023.
The chemical industry is undergoing a transformational process. Driven primarily by sustainability issues such as the circular economy and CO2 reduction/decarbonization, catalysts are at the heart of this transformation, as they are needed for approximately 80% of all chemical processes. The internal integration supports transformation of the chemical industry.
The main application of alkoxides is the production of sustainable bio-diesel fuel from vegetable oils, used cooking oils or other fat-based waste. The use of alkoxides optimizes the process toward the highest possible yield of feedstock. In the synthesis of active ingredients and fine chemicals, alkoxides also find numerous applications in the life science industry.
One particularly promising prospect for alkoxides is the chemical recycling of PET plastic. Evonik is currently working with partners to split the polymer chains into the original monomers and thus regenerate the chemical building blocks that were used at the start of plastics production. These components can then be used to produce new polymers again for high-quality applications. The alkoxides business is managed as a separate product line within the catalysts business line, and will be managed by Alexander Weber.
"The merger is logical, and not the last step on our common path. By combining various functions, such as research and development at the Hanau [Germany] site, our core competencies and experience will be bundled, and we will work in an even more targeted manner and learn from each other – in terms of specific products, as well as supporting customer-related processes, such as supply chain and digitalization," said Weber.
Services to our customers of the joint business area continue to meet their expectations. From the quality and delivery of products to the regional sales channels, the existing processes, structures, and contacts will remain the same. From July 2023, there will be a joint market presence.
For more information, visit: www.evonik.com.
Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!
