ESSEN, Germany - Shell MDS and Evonik Industries signed a six-year contract for Evonik Industries to continue as Shell MDS’ distributor of Shell GTL Sarawax waxes (FT waxes) in Europe. Evonik will produce and sell modified GTL waxes globally with the brand name VESTOWAX®.

"This is the right timing due to the increased capacity of the Shell MDS plant in Bintulu, Sarawak, Malaysia, which will be available in Europe and globally at the beginning of next year," said Ate Visser, Managing Director of Shell MDS (Malaysia) Sdn Bhd and Vice President Gas of Shell Upstream International Asia.

GTL waxes act as additives in hot nmelt adhesives and a multitude of other growing industrial applications.