Evonik Expands Production Capacity of C4-based Products
Evonik Industries has strengthened its position in C4-based products and has successfully, and on time, put into operation new production plants in Antwerp (Belgium). Also in the Marl Chemical Park (Germany), the C4 capacities are being increased. For this, the company has invested a total amount in the three-digit million ranges (Euro) in the two sites. The new plants result in an expansion of capacities for butadiene in Antwerp, for the plasticizer alcohol Isononano l (Marl) as well as for the antiknock agent MTBE (Marl and Antwerp). According to market analyses, the global demand for these products increases by two to five percent per year. "By expanding our C4 capacities and the necessary and important investments into the supply of raw materials at our sites, we are sustainably strengthening our market positions. At the same time we are supporting our customers’ growth plans in Europe and worldwide," said Klaus Engel, C...